Introduction to Human Resource Management Assignment: Tesco

Added on - 21 Feb 2021

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Introduction toHuman ResourceManagement &Learning and TalentDevelopment
Table of ContentsINTRODUCTION.......................................................................................................................21. Identify the positive and negative aspects of appraisals and the impact of them on thepsychological contract....................................................................................................................2Introduction.................................................................................................................................3Main Body...................................................................................................................................3Conclusion...................................................................................................................................32. Obtain an organisations recruitment and selection policy/procedure and critically discuss thecontent of this in light of best practice.............................................................................................3Introduction.................................................................................................................................4Main Body...................................................................................................................................4Conclusion...................................................................................................................................43. How can an organisations reward package be enhanced to improve motivation withoutincreasing an employee’s salary?....................................................................................................4Introduction.................................................................................................................................5Main Body...................................................................................................................................5Conclusion...................................................................................................................................5CONCLUSION................................................................................................................................5
INTRODUCTIONHuman resource management refers to the practice used by large number of companies inorder to hire, select, recruit, deploying as well as managing the employees of the organisations inan effective manner. Human resource management plays very important role in the overalldevelopment of the company and consider all the aspects of human resources(Al-Emadi,Schwabenland and Wei, 2015).In the present report, Tesco is chosen as the base company,which belongs to a retail industry. It is one of the biggest and largest retail company in the world.Tesco is a British multinational groceries industry, which was founded in the year 1919 by JackCohen and its headquarter is located in Hertfordshire, England. Tesco belong to a retail industrywhich mainly deals in the groceries. In the current report, 3 topics are going to discussed whichincludes detail description of psychological contract along with its positive and negative impact.In the second topic, recruitment and selection procedure is discussed which is obtain byorganisations. At last, in this report reward package is going is explained which helps them inorder to motivate them without increasing their salary.1. Identify the positive and negative aspects of appraisals and the impact ofthem on the psychological contract.IntroductionThis is the first topic which includes detail information of psychological contract, itsimpact as well as positive and negative aspects of appraisal. All these things are going to becovered in this report. Chosen company for conducting this research in an effective manner isTesco. Psychological contract is an unwritten document whichincludes different expectations ofan individual working within the company(Bailey and et. al., 2018).Appraisal is the methodwhere high authority of the company appraise the employees working within the organisation. Itis the process of analysing and evaluating the current perform of staff members and thempromote, fire, retain or demote them. In the present report, it has been identified that what is theimpact of psychological contract on the performance appraisal of employees.Main BodyPsychological contract:It refers to the contract which is includes various expectations ofan individual employee but all these demands and requirements are unwritten. It is different from
employment contract as it is created by the employee itself. Psychological contract is definedwith the aid of relationship between employer and employees which is unwritten expectationfrom both side. It refers to a philosophy and not a plan or procedure. It is the contract whererelationship between both the employer and employee is in the form of informal manner. Forinstance, Tesco is the company where large number of employees are hired, select, recruit andfired on a regular basis. Each and every employee have their own good or bad relationship withtheir boss, colleagues and peers(Banfield, Kay and Royles, 2018). Psychological contract is theone which includes unwritten set of beliefs, informal arrangements, perceptions and values ofboth the parties. It is the contract which is developed and formulated generally on the basis ofcommunication between both employee-employer. If the psychological contract breach it maycause various damages which affect the overall performance, efficiency of employees and mayarise different grievance within the company. Fairness plays very important role in thepsychological contract as it creates healthy and positive relationship between the staff members.With the assistance of this contract, appraisal of employees being affected in both positive andnegative manner. It can seen in various factors where one of the major aspect is appraisal of anemployees.In general, appraisals refers to the method where managers of the company examine andevaluate the performance of employees and then appraise them by proving them monetarybenefits. Along with this there are some positive as well as negative impact of appraisal on thepsychology of an individual working within the company.Positive and negative aspects of appraisal on psychology:Appraisal of an employeehighly affect its psychology in both positive and negative manner. Both these aspects areexplained in detail as follows:Positive:One of the main positive impact of appraisal is that it helps in motivatingemployees for performing hard within the organisation. This can be well understood with anexample, where at the time of appraisal employee itself pre-imagine a situation with the aid ofpsychological contract related with their appraisal(Bratton and Gold, 2017). Therefore, if thehigher authority consider their performance and appraise them according to their expectations,then it will positively affect the psychology of an individual. This will also motivate them andassist them in order to increase their performance in a positive manner.
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