Purpose and Function of HRM

Added on - 22 Jul 2020

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HUMAN RESOURCE MANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Purpose and function of HRM..........................................................................................1P2 Strength and weaknesses of various approaches of accomplishment and selection.........3TASK 2............................................................................................................................................4P3 Advantages of HRM practices in the firm for both employee and the employer.............4P4 Effectiveness of various HRM practices raising company profit and productivity..........5TASK 3............................................................................................................................................6P5 Importance of employee relation that influence HRM decision making.........................6P6 Key element of employment legalisation and impact on HRM decision making.............7TASK 4............................................................................................................................................8P7 Usage of HRM practice in work related environment......................................................8CONCLUSION................................................................................................................................9
Illustration IndexIllustration 1: Types of Managerial functions..................................................................................2
INTRODUCTIONHRM is the base of any company they provide efficient service to the employees to gethe desired objective of the firm. They provide training and development to the employees toincrease the productivity of the product. Aldi is the largest retailer in the world they providegrocery and food products to the customers. This company provides good and efficient qualityproduct to the clients. This report includes functions of HRM, importance, HRM practices,elements of employment legalisation etc. Employee relation should be maintained in the firmbecause this factor can affect overall performance of the entity in the industry. To maintained thebrand recognition in the market Aldi firm applies strategies to innovate the existing product forthe customer.TASK 1P1 Purpose and function of HRMPurpose of HRMThe purpose of HRM is to serve as an internal source of competitive advantage. It worksto enhance the relationships within an organization. Hence, the key purpose of HRM is tofacilitate appropriate coordination of people within an organization so as to achieve the goals.Further, HRM is also to look after the culture and leadership within the organization.Humanresource management has the most important purpose in the company. They provide the efficientand effective services to the employees. The purpose of HRM in the organization is to hire goodpeople that can work with the firm efficiently. The main objective of the HR manager is toprovide those persons with have capability to work together and also they can get the objectiveof the firm. Aldi company is the most marketing leading entity in the world. It is the biggestretailer in the world. This firm provides good quality product to the customers. They have manystakeholders such as customers, suppliers, employees that it operates (Purce, 2014). The HRM ofthis firm is perfectly well managed.Function of HRMThe function of HRM in Aldi company as follows:1.Managerial function:In this type of HR function the manager of Aldi firm have tomanage entire firm efficiently. This function has the combination of four elements suchas human resource planning, organizing, directing and controlling etc.This is concernedwith the function of workforce planning and resourcing within the organization.These all1
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