Purpose and Functions of HRM in Business Organization

Human resources
management
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
P1. Discuss the purpose as well as functions of HRM, applicable to human resource planning
of business organisation...............................................................................................................3
P2. Define strength as well as weaknesses of various approaches of recruitment and selection.
.....................................................................................................................................................4
TASK 2............................................................................................................................................6
P3 Define advantages of various HRM practices within business organisation for both
employee as well as employer.....................................................................................................6
P4 Explain the efficiency of various HRM practices that helps in achieving profit as well as
productivity of business organisation..........................................................................................7
TASK 3............................................................................................................................................8
P5 Assess the significance of subordinate relation that helps in influencing decision making of
HRM............................................................................................................................................8
P6 Assess the key factors of employment legislations as well as imposes direct impact on
decision making.........................................................................................................................10
TASK 4..........................................................................................................................................11
P7 Explain the application of HRM...........................................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15
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INTRODUCTION
HRM can be describing as one of essential part of business or it will posses influence on
performance and capabilities of organisation. It is very important that human resources activities
of business are successfully performed with the motive of accomplishing the goal as well as
purpose (Albrech, 2011). Chosen company for conducting this report is Marks and Spencer. This
organisation is performing organisational operations in retail market sector and its major
products are fashionable cloths, footwear as well as other accessories. This organisation was
established in1994 and Thomas Spencer Michael and Marks has developed this organisation.
Head office of this organisation is established in London, England, UK. This report will include
various task and purpose of Human resource management that is applicable to workforce
planning. In this different ways of hiring and selecting employees has been determined along
with its strength and weakness. Different advantages of human resources practices for both
employees as well as employers are identified. Usefulness of Human Resources Management
practices for profitability of business has been determined. It will include the importance of
relationship with employees along with various elements of employment legislations. Apart from
this, different application of HRM practices has been analysed.
MAIN BODY
P1. Discuss the purpose as well as functions of HRM, applicable to human resource planning of
business organisation
Human resources refer as the procedure of managing and implementing different activities for
hiring and managing performance of employees. It is significant for selecting right and capable
employees as well as place them on right job so that all functions of business can be successfully
performed. It is very helpful in effective and efficient workforce planning as well as enhancing
the performance of respective company. Different functions and purpose of HRM in relation to
respective organisation is mention below.
Purpose of human recourse management
 Meeting with staffing need – HRM practices carry out by respective company is
conducting business activities with the intention of meeting staff need (Armstrong and
Taylor, 2014). It is crucial for respective organisation to develop effective workforce plan
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which will help in finding and hiring right employee for conducting business task. This
will help in successfully accomplishing the employee requirement with in the business.
 Compensation – Marks and Spencer company HRM team is created with the motive of
providing correct and accurate compensation to employees which is as per the
performance of employees (Campbell, Coff and Kryscynski, 2012). Staff member of this
company is using their full capability and potential for conduct business task. By
providing correct compensation to employees it will lead to motivate employees as well
as increase their performance.
HRM functions
 Employment hiring and selecting – It is refer as the function of Human resource
management that includes finding and selecting the most suitable and effective candidate
for Marks and Spencer company. There are sources through which respective company
can hire right candidate to successfully perform business task. Recruitment and selection
function is significant for workforce planning and full fill the staffing need of business.
 Training and development – This is essential function of HRM as it helps in providing
training to employees. Education and growth with the motive of increasing capability
and presentation of workers for successfully attain business goals. This function is
beneficial for employees and employees as it will increase potential of staff member to
carry out business operations in more accurate and most effective way.
 Performance management – It is important function for respective company as it help
in identifying the actual performance of employees (Collings and Mellahi, 2011).
Through performance management Marks and Spencer company will be able to
determine the contribution of each employees towards the accomplishment of business
goals and objective. It is essential for human resource to correctly manage performance
of all employees in order to determine their effectiveness.
Functions of workforce planning
There are various methods which are used for HR planning that is going to be
mentioned below:
Recruitment and selection recruitment is considered as a method that helps in
recruiting talented and competent workforce for organisation. On the other hand, selection means
choosing the most appropriate candidate for available job vacancy.
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