Importance of HRM Policies and Zero Hour Employment Contract in REED
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Added on 2023/01/11
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This report discusses the importance of robust HRM policies in REED, a UK-based online recruitment website. It also explores the concept of zero hour employment contracts offered by REED. The report highlights the benefits of these policies and contracts for both the organization and employees.
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HRM Policies and Employment Contract 1
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Analysing the importance and need for robust HRM policies in REED................................3 Discussing Zero hour employment contract...........................................................................4 CONCLUSION................................................................................................................................4 REFRENCES...................................................................................................................................6 2
INTRODUCTION Human resource department plays a very important role in all different organisations available in the market place. Human resource is considered as one of the most essential and major asset of everycompanyastheworkforceandthepeoplewithintheorganisationworksinfor implementing plans of the entity in order to attain the strategic objectives. The report is developed on REED which is UK’s first online recruitment website established in 1995 with the URL as reed.co.uk. the report covers two major aspects that is first it focuses over the importance of different robust HRM policies in the organisation. Along with the report also concentrates over the Zero hour employment contract which REED offers to the candidates. MAIN BODY Analysing the importance and need for robust HRM policies in REED. Human resource department is an operational unit which is present in all organisations with the sole purpose and objective of managing the workforce of the organisation in the most potential and beneficial manner. Human resource department performs several different activities and undertakesdifferentpracticesforeffectiveandefficientmanagementandbalancingthe workforce of their respective company(Brewster, Mayrhofer and Farndale, 2018). There are various robust policies which are used by human resource department off REED in order to keep the staff motivated and well organised focus over the attainment of organisational goal in the most effective and potential way. These robust HRM policies of the organisation are very important and beneficial for it as the overall objective of company is attained once the people working in it strategically and cooperative li working with the full potential towards the effective outcomes and attainment of organisational aims and goals. The specific importance of the effective HRM policies used by the HR department of REED are as follows: Coordination and cooperationis one of the biggest importance that is been fulfilled by use of appropriate robust HRM policies. Human resource department of REED focuses on developing effective and healthy working environment in the organisation for all the employees belonging to different levels of the company (Olson and et. al., 2018). Effective insurance policies such as conflict management problem solving and employee engagement increases the coordination and cooperation among staff drink in effective 3
results of their teamwork in a way of attaining organizational objectives in the given time frame. Employee engagement and motivationis another importance of effective and potential use of HRM policies by the company. The human resource department of REED makes use of effective policies that brings employee engagement and showcase of there at one’s talentandcreativitywhileworkingforthecompany.Alongwithitincreasing engagement improves the motivation level of people increasing the retention ratio and rate of the organization. The different HRM policies and practices adopted by the organisational human resource department provide appropriate structure, control, consistency, fairness and reasonableness to the organisation bringing all people together and increasing their engagement in the company’s operations drinking effective results by coordination and teamwork among staff and duties performed with utmost motivation encouragement. Discussing Zero hour employment contract. Zero hour contract is basically an agreement that it takes place between the employer and employee stating that the prospective employer is not obligated for providing the employee with any minimum number of hours. This is a very casual contract and also known with name of casual contract in the UK. REED the very first recruitment website of the UK make use of zero hour contract while appointing staff for the respective employer (Datta, Giupponi and Machin, 2019). For employees point of view Zero hour contract offer great flexibility and work life balance. The employees are allowed to only except those work and duties in which they are comfortable and which they want to you can do to an extent according to arranging their time. On the other hand for employers that is for REED Zero hour contract is a source of saving money e as the organisation is not obligated to provide many benefits to the employees which are provided to the full time employees. Another benefit of zero hour contracts is it can help the organisation in increasing or decreasing their size of workforce according to their needs and according to their requirements either quickly or slowly for meeting their demands (Koumenta and Williams, 2019). 4
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CONCLUSION The above report countries that human resource Management and the policies and practices used by the managers of the company are very effective and essential for potential and effective management of workforce. the report also focus is over Zero hour contract used by businesses which are beneficial for both the employer and employee as it provide flexibility to both. The employers can save money e and time with the help of this contract and has the flexibility to increase or decrease their staff whenever needed on the other hand the employees have the power toselect their work according to their comfort and acceptance level. 5
REFRENCES Books and journals Brewster, C., Mayrhofer, W. and Farndale, E. eds., 2018.Handbook of research on comparative human resource management. Edward Elgar Publishing. Datta,N.,Giupponi,G.andMachin,S.,2019.Zero-hourscontractsandlabourmarket policy.Economic Policy.34(99). pp.369-427. Koumenta, M. and Williams, M., 2019. An anatomy of zero‐hour contracts in the UK.Industrial Relations Journal.50(1). pp.20-40. Olson, E. M. and et. al., 2018. The application of human resource management policies within themarketingorganization:Theimpactonbusinessandmarketingstrategy implementation.Industrial Marketing Management.69. pp.62-73. 6