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Managing People: HRM Policies and Strategies at Marks and Spencer

   

Added on  2023-01-19

14 Pages1374 Words29 Views
MANAGING PEOPLE

INTRODUCTION
Managing people refers to management of the human resource in an
organization. By providing support and direction to the employees one can
efficiently manage the business activities. For doing management of people it
is crucial to use HRM practices. The Project report is based on Marks and
Spencer. This firm is engaged in the business of selling high quality products
that includes home, clothing and food. The company is established in the year
1884. Its founder is Thomas Spencer and Michael Marks. The study will
example why contemporary organization needs progressive and robust HRM
polices. Furthermore, it will explain HR planning in recruitment and selection
process. The company is established in the year 1884. Its founder is Thomas
Spencer and Michael Marks. The study will example why contemporary
organization needs progressive and robust HRM polices. Furthermore, it will
explain HR planning in recruitment and selection process.

Contemporary Organization needs progressive and robust HRM polices
HRM polices helps to drive Marks and Spencer business towards success. The
company has developed various HRM polices for their employees in order to
increase their motivation in the organization. First policy is of compensation
and benefits. This policy includes reward system for the employees. If
employees outperformed in the organization than they are facililated various
benefits such as bonuses and salary increment. Through this employee's
morale get increased in the organization, and they are able to work with their
full potential. Thus, overall productivity of the organization get increased.

Continued
The HR managers of Marks and Spencer ensures that there are some polices
regards the sick leave and personal leave in the organization so that employees
get benefited from them. Equal employment opportunity is being served to
each employee as per the organizational polices of the Marks and Spencer.
Thus, through this the employee's satisfaction get increased in the
organization.

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