Importance of HRM in Workforce Planning
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Added on 2020-06-05
Importance of HRM in Workforce Planning
Added on 2020-06-05
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HUMAN RESOURCESMANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Importance of HRM in workforce planning along with its purpose and functions in anorganisation............................................................................................................................1P2. Strengths and weaknesses of approaches for recruitment and selection process.............2TASK 2............................................................................................................................................4P3 Benefits of HRM for employer and employee in Morrisons............................................4P4 Evaluation on effectiveness of different HRM practices..................................................5TASK 3............................................................................................................................................6P5 Importance of workers relations to influence HRM decision-making..............................6P6 Key element of employee's legislation and its impact on decision making process of HRM................................................................................................................................................6TASK 4............................................................................................................................................7P7 Application of HRM practices..........................................................................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONAn organization is a group of many people who are working to attain a common businessobjective. These persons are generally called human resource who contributes their efforts toattain goals of a company in a limited period of time (Bondarouk and Ruël, 2013). Therefore,department of industry which manages entire work of employees and provides them variousbenefits are referred as human resource management. HR managers perform various functions inorder to introduce high qualitative workforce in a company as well as provide them variousbenefits like training and development, reward and compensation etc. It will help in managingthe workforce and retaining them for longer period in an enterprise as well (Ehrnrooth andBjörkman, 2012). This present report focuses on the importance of HRM in a firm likeMorrisons which is a trading company of UK. It has more than 500 stores across the country aswell as 132,000 over there. Its human resource management along with various departments helpthis firm in achieving the fourth largest retailer company. Procedures and functions ofmanagement are some main highlighted point of this assignment.TASK 1P1. Importance of HRM in workforce planning along with its purpose and functions in anorganisationWorkforce planning refers to introduce the best talented people in an enterprise whopossess required skills and knowledge according to company’s business operations. Therefore,human resource management in a firm performs various functions in order to recruit employeesaccording to business needs. Along with recruitment and selection, HR managers in a companylike Morrisons take many responsibilities like staffing, planning, organising and more (Chang,Chiang and Han, 2012). The main function is to manage people in a proper way as well as to gettheir work appropriately. HRM of this company performs various functions in order to increaseproductivity and profitability in the following manner:-Functions of HRM:Recruitment and Selection: This is the main function of managers for which they usedvarious activities to hire eligible employees in workforce. In Morrisons, HR managers usevarious approaches for recruiting the best candidates1
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