Benefits of HRM Practices for Employees and Employers

Human Resource
Management

Table of Contents
INTRODUCTION...........................................................................................................................4
LO1 .................................................................................................................................................4
Purpose and functions of HRM in planning and resourcing.......................................................4
HRM in providing talent and skills to fulfil business objectives................................................6
Strengths and weaknesses of approaches of recruitment and selection......................................6
LO 2.................................................................................................................................................8
Benefits of HRM practices for both employees and employers.................................................8
Effectiveness of HRM practices to raise profits and productivity in organisation.....................9
HRM practices used in organisation.........................................................................................10
LO 3...............................................................................................................................................10
Importance of employee relations and their impact on HRM decision-making.......................10
Key elements of employment legislation..................................................................................11
Impact of employee relations and employment legislation in HRM decision making in
organisation...............................................................................................................................11
LO 4...............................................................................................................................................12
Various HRM practices.............................................................................................................12
Rationale of using HRM practices in organisation...................................................................14
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
HRM refers to an effective practice which includes hiring, recruiting, selection, training
and many more which help an organization to accomplish their business goals & objectives.
Human Resource department in a business organisation mainly concerned for creating,
developing, and managing all the activities related to human resources which grab plenty
opportunities present at the competitive marketplace. Also, HR manager of the company are
highly responsible for the attainment of goals in an appropriate manner (Armstrong and Taylor,
2014). In the present report, TESCO is chosen as the base organization which is a multinational
retail business entity whose headquarter is located in England. Company mainly deals in various
types of grocery items as well as merchandising across the whole wide world. In this report,
discussion is based on the scope & purpose of human resource management along with the
strength and weakness of different selection & recruitment process. Key legal legislation are also
going to be discussed in this report apart from internal as well as external elements which affects
the decision making process of the management team.
LO1
Purpose and functions of HRM in planning and resourcing
Meaning of HRM
HRM is the process mainly used by a business entity in order to facilitate individuals
working in a business entity. This will assist in aligning individuals behavioural pattern as well
as performance of staff members with the aim of the company which requires to be attained by
the management team.
Significance and Purposes of HRM
HRM considered as a most essential function for every business entity like Tesco. Some of the
important purposes are going to be discussed as follows:
 To create a positive working environment where all the staff members can perform their
functions in an effective manner.
 To make sure that the whole organization will be well equipped with all the safety &
security measures.

 To develop a corporative working environment in which all the legal policies are
adopted, all the work perform in ethical manner and create discrimination free
environment.
Functions of HRM
HRM plays very essential role in an organization as it consist of some effective functions
which are going to be discussed as follows in a detail manner in context of Tesco:
Recruitment & selection: Recruitment define as an essential function of human resource
management which aims to attract large number of qualified and skilled candidates in the vacant
jo position at the organization. In reference to Tesco, it is a function which holds the role of
recruiting qualified individuals in order to fulfil the vacant place (Wright, 2018). Apart from this,
the function has its own responsibility of hiring and recruiting skilled staff members as soon as
the vacancies arise.
Training & development: This is the another function which focuses in implementing
training as well as development sessions so that they can improve the skills and knowledge as
per the changing requirements. In relation to Tesco, the function has its role of acquainting staff
members with essential skills, knowledge so they can implement all the tasks properly. Apart
from this, responsibility of this function is to enhance the skill as well as knowledge of workers
in order to perform all the business functions in an appropriate manner.
Workforce Planning
It refers to an indispensable procedure which is linked with HRM. It is mainly concerned
with the examination done to know the needs of organisation in context of skills, experience,
knowledge, size and soon associated to the staff members in order to accomplish goals and
objectives.
Significance of Workforce Planning
Workforce planning have very essential and significant role within the organizational premises
of Tesco. Some of the key significant points are going to be discussed as follows:
 The effective implementation of all the workforce planning practices result in the
retention of capable staff members within the workplace for a longer period of time. Workforce planning help in avoiding disruption as well as delay which can influence the
overall performance and profitability of the company (Upadhyay and Khandelwal, 2018).
Role of human resource in Workforce Planning