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Human Resources Management Scopes

   

Added on  2020-10-23

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Human ResourcesManagement
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Purpose and scope of HRM...................................................................................................1P2 Strengths and weakness of the different approaches of the recruitment and selection..........3TASK 2............................................................................................................................................4P3 Benefits of different HR practice for both employees and the employer..............................4P4 Effectiveness of HRM practice in term of enhance HSBC bank profit and Productivity.....5P5 Role of employee relation and legislation in influencing HRM practices.............................6TASK 3............................................................................................................................................8P6 Key factor of employees legislation......................................................................................8TASK4.............................................................................................................................................9P7 Explain key elements of employment legislation that create impact upon HRM decision-making process............................................................................................................................9CONCLISION...............................................................................................................................10REFERENCES..............................................................................................................................12
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INTRODUCTIONHuman resources management can be define as the term which are used to explain formalsystems devised for management of persons with in a work place. The major role of humanresources manager has divided into three areas workers compensation and benefits, staffing,designing job responsibilities of each one staff members. HR manager play vital role in anorganisation that includes hiring, selecting, appraisals, compensation, transfer, training anddevelopment program etc. By this, firm are manage as well as control all workers in an effectivemanner in order to achieve goals and objectives in limited period of time. In this report HSBCbank plc that is the world largest financial and banking services firm (Arnaud and Wasieleski,2014). Organisation have around 7500 offices in over 80 nations with almost 85000 employeesare working here. In this assignment covers purpose, function of human resources managementand strength as well as weaknesses of several selection, recruitment process. It also coverseffectiveness of HRM practices and its benefits for employers as well as employees withimportant key labour laws. TASK 1P1 Purpose and scope of HRMHuman resources are most valuable resource for the every firm to achieve organizationobjectives if the employees of the firm are enough talented and skill able than it’s consider thecompetitive advantage for the firm. It’s the main function of the Human resource department andHR manager of HSBC BANK to provide right candidate at right place at the right time (Bardoeland et. al., 2014). For this HR department follows the various functions these are:-Planning:- Firstly the process starts with the analyze the need of employees for thishuman resource manager of HSBC bank analyze the current employees skills and thedesired skills for the future project if the current employees can fulfill the need throughdesired training and development program so organize this and the new skills set requirethan decide the recruitment of new employees.Recruitment and selection:- In this steps HR administration department analyze anddecide the skills and talent require in newly hired employees and set the standardsthrough working experiences and qualification of the candidate and draft the policyaccording to company requirements.1
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Orientation :- HR managers conduct orientation programs for the selected candidate sothey can easily understand the working culture vision and mission of the company andtheir duties and responsibilities regarding their job (Chelladurai and Kerwin, 2017).Training and development:- Hr managers of HSBC BANK provides the necessarytraining and development program to employees (new and existing) according to desiredskills set and enhance their productivity which depend upon the current and upcomingprojects of the HSBC BANK.Performance appraisal:- HR department of HSBC BANK periodically evaluate theperformance of the employees according to firm policy and requirements of the projectsand objectives of the HSBC BANK. There are various methods available for theperformance appraisel ex- MBO, 360 degree evaluation, BARS etc.Scope of the human resources management at workplace:- We can elaborate thisthrough various aspects of HRM, these are :-Employee relation:- Hr managers maintain the relation between employee and firmthrough communication, negotiation and secure their rights and development of theemployees.Grievances handling:- HR department of any organization is responsible to handle andaddress all the issues behind the grievance among the employee and encourage smoothlyfunction of organization day to day functions (Collins, Zhu and Warner, 2012).Employee empowerment:- The HR administrator of the company are liable toempowerment of employees and introduce the various programs and policies whichenhance the personal skills of the employees. In today’s era scope of human resources management is too wide and HSBC Bankunderstands the role of HR department in strategic management and accomplish the targets of thebank.P2 Strengths and weakness of the different approaches of the recruitment and selectionInternal recruitment method :- It involves the fill the vacancy within the organizationand give chance to existing employees. In this method firm already aware about thecandidate profile and take decision easily this approach consider best for the top2
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