Human Resource Management Research and Analysis
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AI Summary
This assignment requires students to analyze various research papers and articles on human resource management (HRM) from different perspectives. The task involves identifying key concepts, functions, and strategies of HRM, as well as examining its impact on employee performance, retention, and organizational efficiency. Students are expected to critically evaluate the research findings and provide a comprehensive analysis of the current state of HRM practices in diverse contexts.
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Purpose and Function of human resource management in JP Morgan Firm....................1
P2 Strength and Weakness of HRM in JP Morgan organization with Example selection and
recruitment process.................................................................................................................3
TASK 2............................................................................................................................................4
P3 Describe the different benefits of human resource management within both the employee
and employer in the JP Morgan Firm.....................................................................................4
P4 HRM practices for rising the productivity and profitability in the organization..............5
TASK 3............................................................................................................................................6
P5 Significance of employee relation for influencing HRM decision-making......................6
P6 identifying the key elements of employment legislation for HRM decision making.......8
TASK 4............................................................................................................................................9
P7 Illustrate the application of various HRM work-related practices....................................9
CONCLUSION .............................................................................................................................13
REFERENCES................................................................................................................................1
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Purpose and Function of human resource management in JP Morgan Firm....................1
P2 Strength and Weakness of HRM in JP Morgan organization with Example selection and
recruitment process.................................................................................................................3
TASK 2............................................................................................................................................4
P3 Describe the different benefits of human resource management within both the employee
and employer in the JP Morgan Firm.....................................................................................4
P4 HRM practices for rising the productivity and profitability in the organization..............5
TASK 3............................................................................................................................................6
P5 Significance of employee relation for influencing HRM decision-making......................6
P6 identifying the key elements of employment legislation for HRM decision making.......8
TASK 4............................................................................................................................................9
P7 Illustrate the application of various HRM work-related practices....................................9
CONCLUSION .............................................................................................................................13
REFERENCES................................................................................................................................1
INTRODUCTION
Human Resource Management is a method which is useful for company to manage the
business operations and functions in proper manner. HRM is performing different role and
functions such as recruiting and selection, training and development, appraisal, incentives or
rewards, etc. Human resource management is planning of an effective strategy to manage the
performance of employee. HRM department is main part of organization that has more
responsibilities to determine the need and requirement of business. The main objective of human
resource is to maintain the position of organization in global marketplace.
This report will discuss about the purpose and functions of human resource management
of JP Morgan. It also identifies the strength and weakness of HRM in JP Morgan Company. JP
Morgan Company is the fastest growing organization which provide the best services to their
customers. HR officer plays important role in organization to provide benefits for employee and
employer (Jackson, Schuler and Jiang, 2014). This assignment will identify significance of
relationship with the employee and motivating the staff member towards decision-making. This
report will describe different type of employment legislation for decision-making.
TASK 1
P1 Purpose and Function of human resource management in JP Morgan Firm
Human resource management is important part for JP Morgan firm to manage all the
facilities and services of organization. They are performing different operations such as
selections and recruitment, compensation and benefits, incentives, legislation law, etc. The main
purpose of human resource to provide best facilities to their employees. Time to time, they are
conducting event and activities for development and growth of staff members.
Scope of Human resource management- The main scope of HRM is to plan strategy which is
identifying job vacancy, provide the induction to new employees. (Kramar, 2014). Main aim of
JP Morgan firm to provide the best quality of facilities and services to their customers. HRM is
using approaches which are applicable in business development process discuss as following:
Soft HRM- Soft human resource management is treating the employee as an important resource
for business development. Employee is backbone of JP Morgan to perform different functions
and operations in proper manner. JP Morgan is identifying the needs and requirements of
employee. HRM mainly concern about to determine the need of employee such as different roles,
1
Human Resource Management is a method which is useful for company to manage the
business operations and functions in proper manner. HRM is performing different role and
functions such as recruiting and selection, training and development, appraisal, incentives or
rewards, etc. Human resource management is planning of an effective strategy to manage the
performance of employee. HRM department is main part of organization that has more
responsibilities to determine the need and requirement of business. The main objective of human
resource is to maintain the position of organization in global marketplace.
This report will discuss about the purpose and functions of human resource management
of JP Morgan. It also identifies the strength and weakness of HRM in JP Morgan Company. JP
Morgan Company is the fastest growing organization which provide the best services to their
customers. HR officer plays important role in organization to provide benefits for employee and
employer (Jackson, Schuler and Jiang, 2014). This assignment will identify significance of
relationship with the employee and motivating the staff member towards decision-making. This
report will describe different type of employment legislation for decision-making.
TASK 1
P1 Purpose and Function of human resource management in JP Morgan Firm
Human resource management is important part for JP Morgan firm to manage all the
facilities and services of organization. They are performing different operations such as
selections and recruitment, compensation and benefits, incentives, legislation law, etc. The main
purpose of human resource to provide best facilities to their employees. Time to time, they are
conducting event and activities for development and growth of staff members.
Scope of Human resource management- The main scope of HRM is to plan strategy which is
identifying job vacancy, provide the induction to new employees. (Kramar, 2014). Main aim of
JP Morgan firm to provide the best quality of facilities and services to their customers. HRM is
using approaches which are applicable in business development process discuss as following:
Soft HRM- Soft human resource management is treating the employee as an important resource
for business development. Employee is backbone of JP Morgan to perform different functions
and operations in proper manner. JP Morgan is identifying the needs and requirements of
employee. HRM mainly concern about to determine the need of employee such as different roles,
1
rewards and motivation etc. Soft HRM process also called the instrumental method that analyse
the entire business operations and functions.
Hard HRM- According to JP Morgan Firm, Hard HRM treat the employee as a resource of
business and employee has to be strongly linked with business planning. HRM mainly identify
need of workforce in business and they also manage and recruit talented employee accordingly.
They provide the minimum salary to their staff member. This approach is also known as
humanism development, which is helpful for developing the skill, collaboration etc.
There are various type of activities performed by Human resource management discuss in
followings:
Recruitment and selection- Selection and recruitment are important process which are
conducted by human resource because they hire the efficient candidates who has capable to
control the business process in effective ways. In JP Morgan, this organization has efficient
employee to perform different task and manage the entire business process. The organization is
organizing different activities for hiring people (Cooke, Saini and Wang, 2014). In most of time,
they can be handle the business process in effective ways. Human resource department has more
duties to hire the efficient people that has all the quality and capability.
Training and development- According to JP Morgan, Training and development provided by
the HRM department and they will maintain their services in proper manner. This is essential for
employee to increase their capability and skill which is required for growth and developing. In
this way, employee can improve performance which is beneficial for JP Morgan. This
organization is conducting development session for enhancing business all over the world.
Working Environment- JP Morgan maintains the working culture of business environment
which is required for growth and development (Adjibolosoo, 2018). Human resource has
responsibility to build an effective environment. Manager provides the facilities to each and
every employee to share their opinion and suggestion regarding the business activities. Working
environment is maintained by the human resource management and they provide the facility to
their employee freely interact with the other employee to share the information’s and also
communicate with each other.
2
the entire business operations and functions.
Hard HRM- According to JP Morgan Firm, Hard HRM treat the employee as a resource of
business and employee has to be strongly linked with business planning. HRM mainly identify
need of workforce in business and they also manage and recruit talented employee accordingly.
They provide the minimum salary to their staff member. This approach is also known as
humanism development, which is helpful for developing the skill, collaboration etc.
There are various type of activities performed by Human resource management discuss in
followings:
Recruitment and selection- Selection and recruitment are important process which are
conducted by human resource because they hire the efficient candidates who has capable to
control the business process in effective ways. In JP Morgan, this organization has efficient
employee to perform different task and manage the entire business process. The organization is
organizing different activities for hiring people (Cooke, Saini and Wang, 2014). In most of time,
they can be handle the business process in effective ways. Human resource department has more
duties to hire the efficient people that has all the quality and capability.
Training and development- According to JP Morgan, Training and development provided by
the HRM department and they will maintain their services in proper manner. This is essential for
employee to increase their capability and skill which is required for growth and developing. In
this way, employee can improve performance which is beneficial for JP Morgan. This
organization is conducting development session for enhancing business all over the world.
Working Environment- JP Morgan maintains the working culture of business environment
which is required for growth and development (Adjibolosoo, 2018). Human resource has
responsibility to build an effective environment. Manager provides the facilities to each and
every employee to share their opinion and suggestion regarding the business activities. Working
environment is maintained by the human resource management and they provide the facility to
their employee freely interact with the other employee to share the information’s and also
communicate with each other.
2
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P2 Strength and Weakness of HRM in JP Morgan organization with Example selection and
recruitment process
JP Morgan is a leading organization and they have some strength and weaknesses of
human resource management. This organization is conducting different programs for hiring
purpose and they are also using different strategies and methodologies to identify the efficient
people that are suitable for particular job.
External process for hiring- It is the best recruitment process that is hire the candidates on the
basis of their skill, knowledge and education qualification etc. JP Morgan is also using this
technique to hire the people according to their capability and knowledge. Strength of external
process is to find the best and educated people which are suitable for particular profile.
Weakness of external process is to spend the maximum time. It is very expensive process and
lots of money can be invested on this process (De Menezes and Kelliher, 2017). Sometimes, this
process is helpful for organization to select the efficient people who has both qualification and
knowledge to develop business across the world.
Internal process for hiring- This is the best process to hire an internal employee who are
already working in organization. It is beneficial for employees and provide them a chance to
show their skills and capabilities in front of organization. JP Morgan also use this process to hire
employee that are already working in company. Strength of internal process is that it is very fast
process and is less expensive as compared to external process. Weakness is that when they are
finding the skilled and efficient person to manage the business operations and functions.
Third Party process- Most of the companies are hired employee with the help of this process
because it is very easy process to find efficient person. There are many jobs recruiting company
establish all over the world (Ayentimi, Burgess and Brown, 2018). They have directly linked
with company to provide the best candidates for a job profile. This organization take interview
and select the candidates. Afterward, it will send the candidates in the organization for interview.
Sometimes, they take charges from candidates which is a weakness of this organization. Third
party is also known as consultancy to arrange the interview in an organization. JP Morgan is a
leading organization that is hiring employee with help of third party. This organization is
finding the efficient candidates.
3
recruitment process
JP Morgan is a leading organization and they have some strength and weaknesses of
human resource management. This organization is conducting different programs for hiring
purpose and they are also using different strategies and methodologies to identify the efficient
people that are suitable for particular job.
External process for hiring- It is the best recruitment process that is hire the candidates on the
basis of their skill, knowledge and education qualification etc. JP Morgan is also using this
technique to hire the people according to their capability and knowledge. Strength of external
process is to find the best and educated people which are suitable for particular profile.
Weakness of external process is to spend the maximum time. It is very expensive process and
lots of money can be invested on this process (De Menezes and Kelliher, 2017). Sometimes, this
process is helpful for organization to select the efficient people who has both qualification and
knowledge to develop business across the world.
Internal process for hiring- This is the best process to hire an internal employee who are
already working in organization. It is beneficial for employees and provide them a chance to
show their skills and capabilities in front of organization. JP Morgan also use this process to hire
employee that are already working in company. Strength of internal process is that it is very fast
process and is less expensive as compared to external process. Weakness is that when they are
finding the skilled and efficient person to manage the business operations and functions.
Third Party process- Most of the companies are hired employee with the help of this process
because it is very easy process to find efficient person. There are many jobs recruiting company
establish all over the world (Ayentimi, Burgess and Brown, 2018). They have directly linked
with company to provide the best candidates for a job profile. This organization take interview
and select the candidates. Afterward, it will send the candidates in the organization for interview.
Sometimes, they take charges from candidates which is a weakness of this organization. Third
party is also known as consultancy to arrange the interview in an organization. JP Morgan is a
leading organization that is hiring employee with help of third party. This organization is
finding the efficient candidates.
3
TASK 2
P3 Describe the different benefits of human resource management within both the employee and
employer in the JP Morgan Firm
Human Resource Management is a main part of JP Morgan organization which manages
the business operations and functions in a proper manner. HRM is responsible for followings all
rules and regulation that is generated by the government. JP Morgan firm also follow all the law.
They provide the equal rights to their employees to secure their benefits that can be provided by
the organization. Legislation law is helpful for employer and employee to protect the policies.
Canary Wharf firm provide the benefits to their employee such as safety, security, health
insurance, etc (Gupta and Shaw, 2014). The employee of organization face many critical
situations at time of tasks but company provide facilitates to implement new ideas for growth
and development. Most of the organization has long working hours so that the employees are
very frustrated. The organization is conducting many events for fun such as games, cultural
program etc. In this way, employees are motivated towards their work that is important for both
organizational and personal. There are benefit which provide by Canary Wharf firm are
discussed in followings:
Information resources- Employee relation-
Canary Wharf firm provide the equal rights to
their employee to innovate new ideas for
growth and development. They are giving all
important information regarding development,
projects, resources etc. Human resource
management plays an important role in
business development because they always
maintain their facilitates and services. HRM
provide the important information in the form
of presentation, flow chart, structure of
company etc. they are using different strategy
for development (Deery and Jago, 2015). They
Canary Wharf firm maintain the relationship
with their employee because it is required for
establishing the business and increase the
productivity and profitability in marketplace.
Manager of organization interact with
employee to understand need and requirement.
HR manager easily identify their opinion and
view points towards the organization and goals
or achievements. Canary wharf organization
provide equal right to their employee so that
they innovate a new idea for growth and
development. An effective leader always
4
P3 Describe the different benefits of human resource management within both the employee and
employer in the JP Morgan Firm
Human Resource Management is a main part of JP Morgan organization which manages
the business operations and functions in a proper manner. HRM is responsible for followings all
rules and regulation that is generated by the government. JP Morgan firm also follow all the law.
They provide the equal rights to their employees to secure their benefits that can be provided by
the organization. Legislation law is helpful for employer and employee to protect the policies.
Canary Wharf firm provide the benefits to their employee such as safety, security, health
insurance, etc (Gupta and Shaw, 2014). The employee of organization face many critical
situations at time of tasks but company provide facilitates to implement new ideas for growth
and development. Most of the organization has long working hours so that the employees are
very frustrated. The organization is conducting many events for fun such as games, cultural
program etc. In this way, employees are motivated towards their work that is important for both
organizational and personal. There are benefit which provide by Canary Wharf firm are
discussed in followings:
Information resources- Employee relation-
Canary Wharf firm provide the equal rights to
their employee to innovate new ideas for
growth and development. They are giving all
important information regarding development,
projects, resources etc. Human resource
management plays an important role in
business development because they always
maintain their facilitates and services. HRM
provide the important information in the form
of presentation, flow chart, structure of
company etc. they are using different strategy
for development (Deery and Jago, 2015). They
Canary Wharf firm maintain the relationship
with their employee because it is required for
establishing the business and increase the
productivity and profitability in marketplace.
Manager of organization interact with
employee to understand need and requirement.
HR manager easily identify their opinion and
view points towards the organization and goals
or achievements. Canary wharf organization
provide equal right to their employee so that
they innovate a new idea for growth and
development. An effective leader always
4
are representing the structure in effective way
so that the employees easily understand the
needs and requirements of business.
maintain relationship with their staff member.
Human resource Manager is playing important
role in the organization to identify requirement
of employee and then provide the Facilities and
services. Benefits of employer and employee in
the canary wharf organization:
Employer Employee
Canary wharf organization provide benefits to
their employer and they hire efficient people
those who has capabilities to manage business
process effectively and efficiently.
Employer can take risk and opportunities to
identify the business objectives. They also
increasing their sales and productivity in
marketplace because they are using new
approaches to handle the enterprises
operations.
They are also reduced the taxes in the
corporations so that it will save the money in
Canary wharf firm.
In Canary wharf firm, they are mostly
preferred experience people who has quality to
manage the business operations and functions.
The employee can be used special advantages
such as insurance on medical disability. They
also protect their actual income (Farndale,
Brewster and Poutsma, 2014).
Employee of organization can be free to
implements a new idea in business operations
and functions.
P4 HRM practices for rising the productivity and profitability in the organization
Human resource management is main part of organization to manage the business
activities in proper manner. They are using efficient strategy and approach to expand business
across the world. JP Morgan organization is also using different strategy such as discounts on
product, vouchers and offer etc. In this way, customer attract towards their scheme which is
helpful for increasing their business (Functions of HRM, 2017). There are some important
approaches and strategy in followings:
5
so that the employees easily understand the
needs and requirements of business.
maintain relationship with their staff member.
Human resource Manager is playing important
role in the organization to identify requirement
of employee and then provide the Facilities and
services. Benefits of employer and employee in
the canary wharf organization:
Employer Employee
Canary wharf organization provide benefits to
their employer and they hire efficient people
those who has capabilities to manage business
process effectively and efficiently.
Employer can take risk and opportunities to
identify the business objectives. They also
increasing their sales and productivity in
marketplace because they are using new
approaches to handle the enterprises
operations.
They are also reduced the taxes in the
corporations so that it will save the money in
Canary wharf firm.
In Canary wharf firm, they are mostly
preferred experience people who has quality to
manage the business operations and functions.
The employee can be used special advantages
such as insurance on medical disability. They
also protect their actual income (Farndale,
Brewster and Poutsma, 2014).
Employee of organization can be free to
implements a new idea in business operations
and functions.
P4 HRM practices for rising the productivity and profitability in the organization
Human resource management is main part of organization to manage the business
activities in proper manner. They are using efficient strategy and approach to expand business
across the world. JP Morgan organization is also using different strategy such as discounts on
product, vouchers and offer etc. In this way, customer attract towards their scheme which is
helpful for increasing their business (Functions of HRM, 2017). There are some important
approaches and strategy in followings:
5
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Training and development- Training and development program is essential for
organization because this program is helpful for employee to improve their skill and knowledge
in effective ways (MadsenMusto and Hall, 2018). Human resource department is conducting
Various training session to increase their capability towards goals and achievements. JP Morgan
Company provide the training and development program to their employee. In this way, they are
identifying the quality of each and every employee and divide role according to their capabilities
and performance.
Payment and reward- Every employee is attracted towards the organization because of
appraisal, awards etc. JP Morgan organization provide reward on basis of performance,
capability etc. Most of employees are working for money so that it is required for organization
to provide rewards, price and appraisal. It is also beneficial for company as well as employee. JP
Morgan firm added the policy in their business which can be handled by Human resource
management.
Performance of employee- Employee performance is important part to develop their
skills and knowledge’s towards the goals and achievements. The performance of employee
depend on training and development program because it helps to develop capability to solve
business problem and issue in effective ways (Chiva, 2014). Human resource management is
responsible to identify performance and it can be provide information regarding business
development and growth. They also maintain relationship with employee and time to time, it will
provide feedback to their employee.
Working culture- JP Morgan is a leading organization and provide the best quality of
working environment to their employee. It is necessary for organization to maintain their
working culture. In this way, the employees are free to innovate new ideas for growth and
development. They also using new approaches to develop business across the world. The flexible
working environment helps to employee for using new strategy for growth and development.
Employees are sharing new idea and opinion to management. Sometimes, it is very helpful for
organization to achieve their goals and objectives.
6
organization because this program is helpful for employee to improve their skill and knowledge
in effective ways (MadsenMusto and Hall, 2018). Human resource department is conducting
Various training session to increase their capability towards goals and achievements. JP Morgan
Company provide the training and development program to their employee. In this way, they are
identifying the quality of each and every employee and divide role according to their capabilities
and performance.
Payment and reward- Every employee is attracted towards the organization because of
appraisal, awards etc. JP Morgan organization provide reward on basis of performance,
capability etc. Most of employees are working for money so that it is required for organization
to provide rewards, price and appraisal. It is also beneficial for company as well as employee. JP
Morgan firm added the policy in their business which can be handled by Human resource
management.
Performance of employee- Employee performance is important part to develop their
skills and knowledge’s towards the goals and achievements. The performance of employee
depend on training and development program because it helps to develop capability to solve
business problem and issue in effective ways (Chiva, 2014). Human resource management is
responsible to identify performance and it can be provide information regarding business
development and growth. They also maintain relationship with employee and time to time, it will
provide feedback to their employee.
Working culture- JP Morgan is a leading organization and provide the best quality of
working environment to their employee. It is necessary for organization to maintain their
working culture. In this way, the employees are free to innovate new ideas for growth and
development. They also using new approaches to develop business across the world. The flexible
working environment helps to employee for using new strategy for growth and development.
Employees are sharing new idea and opinion to management. Sometimes, it is very helpful for
organization to achieve their goals and objectives.
6
TASK 3
P5 Significance of employee relation for influencing HRM decision-making
Maintaining the healthy relationship with employee in organization success for company
because strong employee relation are increased productivity and profitability in marketplace. JP
Morgan is the fastest growing organization which is concern about employee to create a strong
relationship between management and worker. Human resource Manager influence or motivate
employee to achieve their goals and objectives further, it leads to increase the productivity and
sales in global marketplace. A strong employee relationship depend on the working environment.
Manager of JP Morgan firm always motivate or influence their staff members to increase
production of product. They communicate with employee to provide information of project and
business process. HRM department always maintain the relationship with their employee which
is mandatory for growth and development. They are helping staff member and motivate towards
development (Lickey Berry and Whelan-Berry, 2018). Employee relation is an ultimate success
for organization. There are various types of benefit for the business process and organizations as
followings:
Productivity- Strong employee relationship is creating an effective atmosphere and it also
helpful for increasing the employee motivation to improve their skills and knowledge’s. JP
Morgan firm is conducting different programs, which is helpful for maintaining relationship with
employee and also increased productivity leads to maximizing profit in business process.
Employee loyalty- An effective environment is creating the productive and maintain good
working environment that is effect to employee loyalty. It also encouraging organization to
establish effective environment. The benefits for employee turnover is low and it makes sure that
the employer has skilled and trained to develop the business all over the world.
Communicate effectively- An effective communication skill is the important factor which
is helpful for interacting with employee to identify need and requirement. HR Manager of JP
Morgan communicate with employee to share the information regarding business process and
projects. In this way, they are creating an effective relationship between them.
Set Goals- Strong employee relation is providing the organization for achieving their
goals and objectives. JP Morgan has specific goals and objective therefore, they mainly focused
on their targets to expand the business all over the world (Minbaeva, 2018).
7
P5 Significance of employee relation for influencing HRM decision-making
Maintaining the healthy relationship with employee in organization success for company
because strong employee relation are increased productivity and profitability in marketplace. JP
Morgan is the fastest growing organization which is concern about employee to create a strong
relationship between management and worker. Human resource Manager influence or motivate
employee to achieve their goals and objectives further, it leads to increase the productivity and
sales in global marketplace. A strong employee relationship depend on the working environment.
Manager of JP Morgan firm always motivate or influence their staff members to increase
production of product. They communicate with employee to provide information of project and
business process. HRM department always maintain the relationship with their employee which
is mandatory for growth and development. They are helping staff member and motivate towards
development (Lickey Berry and Whelan-Berry, 2018). Employee relation is an ultimate success
for organization. There are various types of benefit for the business process and organizations as
followings:
Productivity- Strong employee relationship is creating an effective atmosphere and it also
helpful for increasing the employee motivation to improve their skills and knowledge’s. JP
Morgan firm is conducting different programs, which is helpful for maintaining relationship with
employee and also increased productivity leads to maximizing profit in business process.
Employee loyalty- An effective environment is creating the productive and maintain good
working environment that is effect to employee loyalty. It also encouraging organization to
establish effective environment. The benefits for employee turnover is low and it makes sure that
the employer has skilled and trained to develop the business all over the world.
Communicate effectively- An effective communication skill is the important factor which
is helpful for interacting with employee to identify need and requirement. HR Manager of JP
Morgan communicate with employee to share the information regarding business process and
projects. In this way, they are creating an effective relationship between them.
Set Goals- Strong employee relation is providing the organization for achieving their
goals and objectives. JP Morgan has specific goals and objective therefore, they mainly focused
on their targets to expand the business all over the world (Minbaeva, 2018).
7
Human resource management is playing important role in organization to control entire
business effectively and efficiently. They have power to take important decision regarding the
business and projects. HRM department is using new approaches which is beneficial for
company. For growth and development, it is required for increasing their sales and productivity.
P6 identifying the key elements of employment legislation for HRM decision making
The employment legislation law is required for business process to manage the entire
operations and function in proper manner. JP Morgan Firm is using the employment legislation
law to provide the facilities and services. They provide equal right to manage, control business
effectively and efficiently. There are important key elements which is helpful for the
organization to take right decision discussed in following:
Work conditions- JP Morgan Firm is dealing with client to manage the business process
in proper manner. It is very important for organization to maintain their working environment
and they have to change their ideas and approaches according to the conditions. The organization
hires the efficient employee which has capabilities and skills to manage the business operations
and functions in effective ways. All type of employee are working together and organization
provide equal rights to give their own suggestions regarding the business development. An
effective working culture is important for business process because the employee free to
innovate a new idea that can be implements in business development process (Brueller Carmeli
and Markman, 2018). Time to time, they are launching a new product in marketplace which is
required for growth and development. A good idea always useful for increasing their
productivity and profitability in marketplace.
Remunerations and Wages- Remuneration and wages act in1998, This act is helpful for
taking the rights decision regarding business operations and functions. This act passed by central
government. It is helpful for employee to secure their health, comfort, and education which are
all the basic need of people to fulfil their all requirement on basis of law. JP Morgan Firm using
this law which is helpful for employee to provide the equal right. They easily discuss regarding
salary, appraisal and incentives etc. The organization follow all rules and regulations that are
generated by government. JP Morgan organization is a leading company which is helping
employee to provide all facilities and services. The top organization always maintain the good
relationship with their employee. They also provide the freedom to give their own suggestion
8
business effectively and efficiently. They have power to take important decision regarding the
business and projects. HRM department is using new approaches which is beneficial for
company. For growth and development, it is required for increasing their sales and productivity.
P6 identifying the key elements of employment legislation for HRM decision making
The employment legislation law is required for business process to manage the entire
operations and function in proper manner. JP Morgan Firm is using the employment legislation
law to provide the facilities and services. They provide equal right to manage, control business
effectively and efficiently. There are important key elements which is helpful for the
organization to take right decision discussed in following:
Work conditions- JP Morgan Firm is dealing with client to manage the business process
in proper manner. It is very important for organization to maintain their working environment
and they have to change their ideas and approaches according to the conditions. The organization
hires the efficient employee which has capabilities and skills to manage the business operations
and functions in effective ways. All type of employee are working together and organization
provide equal rights to give their own suggestions regarding the business development. An
effective working culture is important for business process because the employee free to
innovate a new idea that can be implements in business development process (Brueller Carmeli
and Markman, 2018). Time to time, they are launching a new product in marketplace which is
required for growth and development. A good idea always useful for increasing their
productivity and profitability in marketplace.
Remunerations and Wages- Remuneration and wages act in1998, This act is helpful for
taking the rights decision regarding business operations and functions. This act passed by central
government. It is helpful for employee to secure their health, comfort, and education which are
all the basic need of people to fulfil their all requirement on basis of law. JP Morgan Firm using
this law which is helpful for employee to provide the equal right. They easily discuss regarding
salary, appraisal and incentives etc. The organization follow all rules and regulations that are
generated by government. JP Morgan organization is a leading company which is helping
employee to provide all facilities and services. The top organization always maintain the good
relationship with their employee. They also provide the freedom to give their own suggestion
8
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regarding growth and development. According to Act Wages 1998, they provide all facilities and
services in proper manner.
Social security- This is main part of organization. In JP Morgan firm, this organization
will provide facility, in case if the any employee injured and accidental so that they will help to
their staff member to provide treatment, medical services etc. All type of facilities provided by
the human resource manager because they have more responsibility to manage the business
process in effective ways (Valentine and Fleischman, 2018). JP Morgan is also provided the
services to their employee. It is necessary for maintaining all facilities and services in
organization. JP Morgan firm follow all the essential rules and regulation to create a pleasant
working environment. Social security is important for managing the business activities.
TASK 4
P7 Illustrate the application of various HRM work-related practices
In the organization, human resource management is performing different role and
responsibilities to manage business process in proper manner. They are performing different
tasks such as recruitment and selection, training and development etc. They hire efficient person
that have quality to manage business operations and functions in proper manner. Human
resource manager is managed article regarding descriptions and job advertisement.
Job Applications
Head of Human Resource
Job profile
ď‚· Human Resource
Areas/Locations
â—Ź Sydney
Working time
â—Ź 9 hours.
Role of Job
â—Ź Manage all the staff member information and provide the facilities regarding policies
and equal rights.
â—Ź Human resource manager is maintained the good relationship with staff member
9
services in proper manner.
Social security- This is main part of organization. In JP Morgan firm, this organization
will provide facility, in case if the any employee injured and accidental so that they will help to
their staff member to provide treatment, medical services etc. All type of facilities provided by
the human resource manager because they have more responsibility to manage the business
process in effective ways (Valentine and Fleischman, 2018). JP Morgan is also provided the
services to their employee. It is necessary for maintaining all facilities and services in
organization. JP Morgan firm follow all the essential rules and regulation to create a pleasant
working environment. Social security is important for managing the business activities.
TASK 4
P7 Illustrate the application of various HRM work-related practices
In the organization, human resource management is performing different role and
responsibilities to manage business process in proper manner. They are performing different
tasks such as recruitment and selection, training and development etc. They hire efficient person
that have quality to manage business operations and functions in proper manner. Human
resource manager is managed article regarding descriptions and job advertisement.
Job Applications
Head of Human Resource
Job profile
ď‚· Human Resource
Areas/Locations
â—Ź Sydney
Working time
â—Ź 9 hours.
Role of Job
â—Ź Manage all the staff member information and provide the facilities regarding policies
and equal rights.
â—Ź Human resource manager is maintained the good relationship with staff member
9
â—Ź HRM provide many benefits to their employees
Main duties and responsibilities
â—Ź Human resource planning an effective strategy which is helpful for organization.
â—Ź They are always checking the performance of employee and provide the training and
development their skills and knowledge’s etc.
Curriculum Vitae
Olivia Williams
MBA- Head of Human resource
Mobile No- 903465896578
Email- williams123@yahoo.com
Local Address- 150-B, street, Sydney
Career Objective: To work with your organization is the great opportunities to complete the task
in the best ways which is beneficial for the organization and if you give me opportunities or
chance, I will prove myself for increasing the business for growth and development.
Basic Academic Credentials
Qualification Board/University Year Percentage
MBA HR Durham University, 2018 85.00%
10
Main duties and responsibilities
â—Ź Human resource planning an effective strategy which is helpful for organization.
â—Ź They are always checking the performance of employee and provide the training and
development their skills and knowledge’s etc.
Curriculum Vitae
Olivia Williams
MBA- Head of Human resource
Mobile No- 903465896578
Email- williams123@yahoo.com
Local Address- 150-B, street, Sydney
Career Objective: To work with your organization is the great opportunities to complete the task
in the best ways which is beneficial for the organization and if you give me opportunities or
chance, I will prove myself for increasing the business for growth and development.
Basic Academic Credentials
Qualification Board/University Year Percentage
MBA HR Durham University, 2018 85.00%
10
UK
B.Com University of Oxford 2016 79.45%
High School London Enterprise
Academy
2012 86.06%
Secondary School Malcolm Academy 2010 76.22%
Activities and Achievements
ď‚· Winner of cricket in Sydney
ď‚· participate as an Event coordinator in the management events
ď‚· Participate in the quiz competitions
Hobbies
ď‚· Playing badminton
ď‚· Cricket
ď‚· basketball
Personal information
Date of Birth- 18/08/1994
Nationality- Australian
11
B.Com University of Oxford 2016 79.45%
High School London Enterprise
Academy
2012 86.06%
Secondary School Malcolm Academy 2010 76.22%
Activities and Achievements
ď‚· Winner of cricket in Sydney
ď‚· participate as an Event coordinator in the management events
ď‚· Participate in the quiz competitions
Hobbies
ď‚· Playing badminton
ď‚· Cricket
ď‚· basketball
Personal information
Date of Birth- 18/08/1994
Nationality- Australian
11
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Language Known- Spanish, French and English.
Present Address- 150-B, Sydney
Interview Questions?
1. What are different approaches useful in the business development??
2. What are the different tasks and operations performed by human resource manager?
3. What are the responsibilities of HR manager in the organization?
4. What are the external recruitment process and internal recruitment process??
5. What are different policies handle the human resource management?
6. What is the role of HR manager in company?
7. How manager deals with the staff member and how can manage the business process?
8. How can you deals with the client?
There are various type of questions asked the Human resource team at the time of interview
process. JP Morgan Firm asked the different type of question to the candidates and they are
identifying the efficient employees that has capability and skill to manage the business process.
Human resource management is finding the efficient person to check the ability and capability
towards the goals and achievement. JP Morgan Firm is a leading organization so that they want
the best employee to increase their productivity and profitability in marketplace.
Offer letter provide by company-
XYZ company
Dear Olivia,
Our organization is offering a position for you as Head of Human resource department and it is
congratulates that you are selecting for this post. All the necessary information provided in the
offer letter. They also give the information regarding appraisal, salary slip, leave policy etc. All
the important information’s are mention in offer letter. As apart for that, we are also offering to
start at pay rate and offering other services such as bonus stock options, profit sharing etc.
As an employee of xyz company therefore, you will be eligible for the policy and benefits that
are provided by the organization.
Please indicate, if you are agreed with all the policies and terms, accept the offer by signing. If
12
Present Address- 150-B, Sydney
Interview Questions?
1. What are different approaches useful in the business development??
2. What are the different tasks and operations performed by human resource manager?
3. What are the responsibilities of HR manager in the organization?
4. What are the external recruitment process and internal recruitment process??
5. What are different policies handle the human resource management?
6. What is the role of HR manager in company?
7. How manager deals with the staff member and how can manage the business process?
8. How can you deals with the client?
There are various type of questions asked the Human resource team at the time of interview
process. JP Morgan Firm asked the different type of question to the candidates and they are
identifying the efficient employees that has capability and skill to manage the business process.
Human resource management is finding the efficient person to check the ability and capability
towards the goals and achievement. JP Morgan Firm is a leading organization so that they want
the best employee to increase their productivity and profitability in marketplace.
Offer letter provide by company-
XYZ company
Dear Olivia,
Our organization is offering a position for you as Head of Human resource department and it is
congratulates that you are selecting for this post. All the necessary information provided in the
offer letter. They also give the information regarding appraisal, salary slip, leave policy etc. All
the important information’s are mention in offer letter. As apart for that, we are also offering to
start at pay rate and offering other services such as bonus stock options, profit sharing etc.
As an employee of xyz company therefore, you will be eligible for the policy and benefits that
are provided by the organization.
Please indicate, if you are agreed with all the policies and terms, accept the offer by signing. If
12
you will leave the company to follow all the rules and regulation and you can be completed the
notice period for 1 month.
Yours Faithfully.
XYZ Company
The main role of human resource management to manage entire organization in proper
ways. They also establishing strong relationship with staff members. Human resource
management is planning an effective strategy to manage the performance of employee. HRM
department is main part of organization that has more responsibilities to determine the need and
requirement of business. The main objective of human resource to maintain position of
organization in global marketplace. Maintaining healthy relationship with employee in
organization success for company because strong employee relation are increased productivity
and profitability in marketplace.
CONCLUSION
This report is discussed about main function and purpose of human resource management
in organization. This report is discussed about JP Morgan Organization to expand their business
all over the world. They are performing different operations and functions such as recruiting and
selections, training and development, appraisal etc. It states that it also identifying the strength
and weakness of human resource management. This assignment is described different key
elements useful for employment legislation which provide equal right employee taking right
decision. It also discusses about different application in the HRM. Human resource management
is playing important role to increase the productivity and profitability in marketplace. The
legislation law is directly impact on decision-making in organization. Human resource manager
is playing important role to manage the business operations and functions discuss in this report.
13
notice period for 1 month.
Yours Faithfully.
XYZ Company
The main role of human resource management to manage entire organization in proper
ways. They also establishing strong relationship with staff members. Human resource
management is planning an effective strategy to manage the performance of employee. HRM
department is main part of organization that has more responsibilities to determine the need and
requirement of business. The main objective of human resource to maintain position of
organization in global marketplace. Maintaining healthy relationship with employee in
organization success for company because strong employee relation are increased productivity
and profitability in marketplace.
CONCLUSION
This report is discussed about main function and purpose of human resource management
in organization. This report is discussed about JP Morgan Organization to expand their business
all over the world. They are performing different operations and functions such as recruiting and
selections, training and development, appraisal etc. It states that it also identifying the strength
and weakness of human resource management. This assignment is described different key
elements useful for employment legislation which provide equal right employee taking right
decision. It also discusses about different application in the HRM. Human resource management
is playing important role to increase the productivity and profitability in marketplace. The
legislation law is directly impact on decision-making in organization. Human resource manager
is playing important role to manage the business operations and functions discuss in this report.
13
14
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REFERENCES
Books and Journals:
Adjibolosoo, S., 2018. A Human Factor Approach to Human Resource Management and
Organizational Development. In The Human Factor Approach to Managerial and
Organizational Efficiency and Effectiveness (pp. 75-96). Palgrave Macmillan, Cham.
Ayentimi, D.T., Burgess, J. and Brown, K., 2018. A conceptual framework for international
human resource management research in developing economies. Asia Pacific Journal of
Human Resources, 56(2), pp.216-237.
Brueller, N.N., Carmeli, A. and Markman, G.D., 2018. Linking merger and acquisition strategies
to postmerger integration: a configurational perspective of human resource
management. Journal of Management, 44(5), pp.1793-1818.
Chiva, R., 2014. The common welfare human resource management system: A new proposal
based on high consciousness. Personnel Review, 43(6), pp.937-956.
Cooke, F.L., Saini, D.S. and Wang, J., 2014. Talent management in China and India: A
comparison of management perceptions and human resource practices. Journal of World
Business, 49(2), pp.225-235.
De Menezes, L.M. and Kelliher, C., 2017. Flexible working, individual performance, and
employee attitudes: Comparing formal and informal arrangements. Human Resource
Management, 56(6), pp.1051-1070.
Deery, M. and Jago, L., 2015. Revisiting talent management, work-life balance and retention
strategies. International Journal of Contemporary Hospitality Management, 27(3), pp.453-
472.
Farndale, E., Brewster, C. and Poutsma, E., 2014. Coordinated vs. liberal market HRM: the
impact of institutionalization on multinational firms. In International human resource
management (pp. 20-39). Routledge.
Gupta, N. and Shaw, J.D., 2014. Employee compensation: The neglected area of HRM
research. Human Resource Management Review, 24(1), pp.1-4.
Jackson, S.E., Schuler, R.S. and Jiang, K., 2014. An aspirational framework for strategic human
resource management. The Academy of Management Annals, 8(1), pp.1-56.
Kramar, R., 2014. Beyond strategic human resource management: is sustainable human resource
management the next approach?. The International Journal of Human Resource
Management, 25(8), pp.1069-1089.
Lickey, N.C., Berry, G.R. and Whelan-Berry, K.S., 2018. Responding to workplace romance: A
proactive and pragmatic approach. The Journal of Business Inquiry, 8(1), pp.100-119.
1
Books and Journals:
Adjibolosoo, S., 2018. A Human Factor Approach to Human Resource Management and
Organizational Development. In The Human Factor Approach to Managerial and
Organizational Efficiency and Effectiveness (pp. 75-96). Palgrave Macmillan, Cham.
Ayentimi, D.T., Burgess, J. and Brown, K., 2018. A conceptual framework for international
human resource management research in developing economies. Asia Pacific Journal of
Human Resources, 56(2), pp.216-237.
Brueller, N.N., Carmeli, A. and Markman, G.D., 2018. Linking merger and acquisition strategies
to postmerger integration: a configurational perspective of human resource
management. Journal of Management, 44(5), pp.1793-1818.
Chiva, R., 2014. The common welfare human resource management system: A new proposal
based on high consciousness. Personnel Review, 43(6), pp.937-956.
Cooke, F.L., Saini, D.S. and Wang, J., 2014. Talent management in China and India: A
comparison of management perceptions and human resource practices. Journal of World
Business, 49(2), pp.225-235.
De Menezes, L.M. and Kelliher, C., 2017. Flexible working, individual performance, and
employee attitudes: Comparing formal and informal arrangements. Human Resource
Management, 56(6), pp.1051-1070.
Deery, M. and Jago, L., 2015. Revisiting talent management, work-life balance and retention
strategies. International Journal of Contemporary Hospitality Management, 27(3), pp.453-
472.
Farndale, E., Brewster, C. and Poutsma, E., 2014. Coordinated vs. liberal market HRM: the
impact of institutionalization on multinational firms. In International human resource
management (pp. 20-39). Routledge.
Gupta, N. and Shaw, J.D., 2014. Employee compensation: The neglected area of HRM
research. Human Resource Management Review, 24(1), pp.1-4.
Jackson, S.E., Schuler, R.S. and Jiang, K., 2014. An aspirational framework for strategic human
resource management. The Academy of Management Annals, 8(1), pp.1-56.
Kramar, R., 2014. Beyond strategic human resource management: is sustainable human resource
management the next approach?. The International Journal of Human Resource
Management, 25(8), pp.1069-1089.
Lickey, N.C., Berry, G.R. and Whelan-Berry, K.S., 2018. Responding to workplace romance: A
proactive and pragmatic approach. The Journal of Business Inquiry, 8(1), pp.100-119.
1
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