Functions and Benefits of HRM in Mont Rose College

Human Resource
Management

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
LO1..................................................................................................................................................1
P1 Purpose and functions of HRM..............................................................................................1
P2 Different approaches to recruitment and selection.................................................................2
LO2..................................................................................................................................................3
P3 HRM practices benefits..........................................................................................................3
P4 HRM practices for raising company profits...........................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
HRM is the strategic approach for recruitment and selection as well as, imparting
training and development, motivating employees, maintaining good relations with employees,
trade unions etc. in such a way that help business in gaining competitive advantage. It is the
formal system which is meant for appropriate utilization of current employees as well as
effective use of existing workforce. For this report, Mont Rose College is taken which offers
research, public and teaching service in the context of general education, continuing education
and also focuses on the student development located in England. This report covers the functions
and purpose of HRM, strength and limitations related to different strategies of selection and
recruitment, advantages of different elements of HRM practices for employee and employer.
This report also discusses about the effectiveness of various human resources practices for
raising organisational productivity and profits.
LO1
P1 Purpose and functions of HRM
It is the mission of HRM to keep employees coordinated within a company in order to
achieve specific organizational goals by fulfilling staffing needs and maintaining employee
satisfaction. Some important function and purpose of HRM is stated below.
Strategic HR planning: HR planning can be referred as a procedure to identify number and type
of employees that are needed to achieving organizational goals. It ensures that organization has
adequate number of qualified people performing jobs, which meets the organizational objectives
and provide satisfaction to the employees (Cunningham, 2016). Research is the important part of
it. Mont Rose College uses research to collect and analyse the information to forecast and predict
human resource needs.
Staffing: It refers to the selection and recruitment of the human resources for the organization. It
is the main purpose of HRM to select proper workforce to fulfil the employment needs
(Chambel, Castanheira and Sobral, 2016). At Mont Rose College, HR recruiter plays a crucial
role in ensuring that it is hiring the best talent based on organizations plans and objectives.
Training and Development: After staffing, selected employees are provided with training that
is required for the relevant job. These programs are organized by HRM for developing
competence and develop skills for improving performance within organisation (Human Resource
Management (HRM): Definition & Functions. 2019). HR not only takes care of new employees
1