Benefits of HRM Practices in an Organisation

Human Resources
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
LO 1.................................................................................................................................................1
P1 Purpose and functions of HRM in workforce planning....................................................1
P2. Strength and weaknesses of different approaches to recruitment and selection..............2
LO 2.................................................................................................................................................5
P3. Benefits of Human resource practices within an organisation.........................................5
P4 Effectiveness of different HRM practices for raising organisational productivity and profit
................................................................................................................................................7
LO 3.................................................................................................................................................8
P5 Significance of employee relations in influencing decision making process....................8
P6 Key elements of employment legislation and its impact on decision making of HRM....9
LO 4...............................................................................................................................................10
P7 Application of HRM practices in organisational context................................................10
Application of HRM practices in an organisation................................................................10
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
HRM is defined as the accumulation of business practices which are involved in
controlling and managing recruited workforce within business organisation. Department of
human resource is highly accountable for preparing ideas and then make them implemented so as
to get their business objectives achieved in desirable manner. Similarly the leading role of HR
department is to recruit people and to achieve business objectives as well. This report is prepared
for the major purpose to understand concepts of HRM with the background of Tesco. Tesco is a
multinational British retailer which is headquartered in London, UK and deals in a range of
groceries and general merchandise products. Tesco is ranked third retailer in the world when
comparison is done on the basis of gross revenue. The company has its 6,800 shops located in
more than 11 countries and employs over 450,000 employees making it the largest private sector
employer in UK. (Bratton and Gold., 2017.)
LO 1
P1 Purpose and functions of HRM in workforce planning
Overview of organisation:
Tesco is a multinational British retailer which is headquartered in London, UK and deals
in a range of groceries and general merchandise products. The company is well known for its
high quality of products and services which are offered at reasonable prices so that immense
customer satisfaction can be achieved thereby improving their living standard. Tesco is ranked
third retailer in the world in terms of gross revenue and ninth in terms of revenue (Garaus and
Müller, 2016). The company has its 6,800 shops placed in more than 11 nations and employs
over 450,000 employees making it the largest private sector employer in UK.
HRM purpose and functions workforce planning and resourcing
HRM plays an essential role in carrying the human resources of an organisation so that
the workers can be directed towards achieving company aims and objectives in an efficient
manner. The purpose of HRM in a company is to meet the staffing needs of company,
compensating workers, allocation of work among them, improving the work performance of
employees, performance appraisals etc. Thus the main intention of HRM is to maximise the
performance of workers so that the productivity of organisation can be maximised. Following are
1

the functions performed by HRM so that workforce can be effectively planned and resources
within Tesco:
 Job analysis and job design: It is related with analysing the requirements of a job and
the kind of talent and skill which are needed to complete the work on time and in a
desired manner so that work can be allocated among workers. Job design is also
important so that workers can work efficiently using their skills (Berman and et. al.,
2019).
 Recruitment and selection: It is related resourcing workers in company so that right
number of people having right set of skills can be recruited and the productivity of
company can be enhanced. It also help in planning the required workforce in company so
that work can be allocated to them effectively (Maharjan and Sekiguchi, 2017).
 Training and development: It is related with providing new skills and knowledge which
is required to perform a work so that they can effectively fulfil the work requirements and
their work performance can be enhanced.
 Compensation and appraisals: The HRM is also responsible for compensating the
workers based on the work and their performance so that they can be compensated
sufficiently which can help in improving job satisfaction of employees.
HR role in fulfilling the objectives of company
The objectives of company can be efficiently achieved by a company if its workforce
effectively uses their skills and talents in completing the work in a desired manner thereby
enhancing customer satisfaction (Vivares-Vergara and Naranjo-Valencia, 2016). In Tesco HRM
plays an important role in fulfilling its objectives as the management of human resources can be
efficiently done by the HR department which help in boosting the work performance of workers.
It also helps in improvising the brand image of company in the marketplace as the demands of
customers are fulfilled effectively which is the main objective of Tesco so taht high standard of
living can be generated for its customers.
P2. Strength and weaknesses of different approaches to recruitment and selection
Within the context of human resource department major role of the department is
considered as recruitment and selection. This ensures the business to acquire required and
relevant skill set and capabilities by which new candidate can be helpful in attaining business
objectives in more skilful and profitable way.
2