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Purpose and Functions of HRM in ALDI

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Added on  2021-02-20

Purpose and Functions of HRM in ALDI

   Added on 2021-02-20

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Human Resource
Management
Purpose and Functions of HRM in ALDI_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1. Purpose and functions of HRM, applicable to workforce planning and resourcing.............1
P2. Strengths and weaknesses of different approaches to requirement and selection.................2
TASK 2............................................................................................................................................4
P3. Benefits of different HRM practices for both employer and employees..............................4
P4. Effectiveness of different HRM practices in terms of raising organisational profit and
productivity.................................................................................................................................5
TASK 3............................................................................................................................................6
P5. Importance of employee relations in context of influencing HRM decision making...........6
P6. Key elements of employment legislation and impact upon HRM decision making.............7
TASK 4............................................................................................................................................7
P7. Application of HRM practices in work related context........................................................7
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................11
Purpose and Functions of HRM in ALDI_2
INTRODUCTION
Human resource management refers to a strategic approach which is used by the
management of the firm for the effective and proper running of the company. In context of an
organisation, it can be a process of an organisation to choose, select, recruit, manage, deploy the
company's workers. It is beneficial for the organisations because it helps in proper management
of a company, staffing, employee compensation and benefits and describing and designing work
(Al-Emadi, Schwabenland and Wei, 2015). This assignment is related to ALDI which is a
German discount supermarket chains. This firm was founded in 1946 by Karl and Theo Albrecht
and headquartered in Essen Germany. This firm operating its business internationally with the
help of 10,000 stores in 20 nations. This assignment will discussed about the purpose and scope
of HRM and effectiveness of the key elements of HRM in a company. Further will be defined
about the internal and external factors that affect HRM decision making including employment
legislation and application of HRM in a work related context.
TASK 1
P1. Purpose and functions of HRM, applicable to workforce planning and resourcing
Human resource, is the managerial approach used for taking management decision
procedures in balancing between the workforce planning and effective function in the
organization for attaining successful short term and long term goals . In context with ALDI,
there are various purpose and function which are followed by the manager of the company.
Purpose of HRM in workforce planning and resourcing in an organization:
The purpose of HRM, is to gain maximum profit with optimal utilization of resources in
any company, firm or organization. In regards with ALDI, the HR manager have to collaborate
with other manager to work smoothly with other department while focusing on estimating
workforce requirement, allocation of funds, employment satisfaction and many more. The main
purposes which are emphasized by the company are mentioned below:
Motivation: In reference, with ALDI the HR manager, majorly focuses on satisfying
employees through various monetary and non monetary benefits which will help in
retaining quality staff in the company (Albrecht and et. al. 2015). This will result in
successful growth of business national and international boundaries.
1
Purpose and Functions of HRM in ALDI_3
Forecasting of current and future manpower planning: In context with ALDI, the
HR manager, have to communicate with other managers, while managing the on roll staff
and hiring new right workforce matching with the detailed job specification at right time
for vacant position in the company (Baum, 2015).
Function of Human Resource Management:
In regards with ALDI company, the manager broadly emphasizes on two functions. They
are briefly described below:
Managerial Function: The managerial function includes planning, organizing, staffing,
direction and controlling which are required in decision-making process from the management of
the company. In reference with ALDI, the HR managers works on the step-by-step process,
starting from the initial stage that is planning the human resource requirement while estimating
workforce and optimally utilizing the other resources for attaining the quality staff. The next
step is organizing, which allow the manager to hire new staff, if required for any vacant job
profile also create an healthy and safe environment for current employees in the company for
effective production.
Operative Function: The operative functions includes procurement, development,
compensation, maintenance and many more. In regards with ALDI, the HR manager while
actually operating the functioning process needs to focus on the development of workforce at
individual and at team level through performance assessment, this can be achieved by regular
training sessions and overall feedback's to boost the morale of the employee in the company, the
other operations on which the manager are giving emphasis is compensations, this include the
monetary and non monetary benefits which an employee's receives while producing efforts in the
work. The HR management, should motivate their employee's for instance giving salary
increment, medical insurance, life insurance, retirement benefits and many more. This step,
result in increasing the satisfaction level of an individual and to work more effectively and
enhance the growth of the business.
P2. Strengths and weaknesses of different approaches to requirement and selection
Recruitment refers to the process of finding out the firm's needs to hire someone up to the
point at which application forms for the post have arrived at the firm. Selection refer to the
process of choosing a candidate to fill the vacant position of the company (Bratton and Gold,
2015). In ALDI, recruitment and selection indicates to the process of choosing, selecting and
2
Purpose and Functions of HRM in ALDI_4

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