Human Resource Management: Functions, Decisions, and Practices at Rolls-Royce

HUMAN RESOURCE
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
PART-1............................................................................................................................................3
Comparison of different functions of HRM.................................................................................3
Strategic HRM decisions to maintain effects of business environment......................................4
HRM practices for recruitment and retention..............................................................................5
Strengths and weaknesses of HRM..............................................................................................6
Internal and external factors that influences HRM decisions......................................................7
PART-2............................................................................................................................................9
Job description for position of marketing manager.....................................................................9
Person specification...................................................................................................................10
Recruitment and selection process flowchart to be used by Rolls-Royce in future...................11
Performance management and reward system followed by Rolls-Royce.................................11
Review of organization approach and effectiveness of employee relations..............................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Human resource management is the business tool used by management to recruit, hire,
deploy and manages employees of the company. It is usually known as Human resources, this
department is responsible making, implementing and reviewing policies to direct employees and
maintain healthy relationship between employee and the organization (Boon, Den Hartog and
Lepak, 2019).
In order to elaborate this report company is chosen as 'Rolls-Royce.' It is UK based
luxury car manufacturer company which is the most known brand across the globe. Company is
in market from 1906 but it gets more fame between 1998 and 2003 when it is owned by another
multinational company, that is BMW.
Further more this report covers roles and responsibilities of Human resource
management, contribution of HRM in recruiting and retaining talented employees, factors that
are affecting HRM decision-making. Along with that this report will cover HRM practices that
are using to improve sustainability of organization performance.
PART-1
Comparison of different functions of HRM
In an organization Human resource management performs various functions to support
sustainable performance of the company. In the company HRM manages from recruiting and
training of employees to retain and resignation of their employees. HRM different functions
contributes in different areas of the company to grow. So there are comparison of main three
function of human resource management, that is mention below:-
 Recruiting & Training:- It is the fundamental function of the human resource
management, without human capital company can't be able to performs their operational
activities. Recruiting new employees are essential part of any organization. Management
functions to select proper talented employee which increases overall productivity of the
organization. After recruitment of human capital other remaining function will work,
payroll and retaining other two that are being discuss, that come in exist after recruitment
of employees. Rolls Royce is a brand company, and they have advanced technological
equipments and machinery, so they hire and train skilled and talented candidates . It
plays vital role in organizational performance, efficient employees generates revenue and
profit for their organization (Macke and Genari, 2019).

 Payroll :- Human resource management performs function of payroll processing, salary
details, time and attendance, loans, allowances, and bonuses. Every employee is working
for salary and remuneration which is prepared on the basis of their performance and
punctuality. Salary is decides according to performance of employee and it is based on
their talent, qualities and skills which meet requirement of company. Rolls Royce is one
of the leading luxury car manufacturer pays good competitive salary to their employees
to earn their loyal and trust, to boost employees confidence company give bonus and
rewards which is monitor by management team as well. Loyalty and trust of employees
can increases efficiency of the company (Strohmeier, 2020).
 Retain Talent :- Every employee want to work in healthy nature, want better salary and
other factors which support in enhancing their performance, so finding in better option
employees start switching and moving towards better. It is function of human resource
management to retain its efficient employees. It works through moulds affecting factors
by which employee is feeling discomfort and barrier in their performance. As in context
of Rolls Royce company believe to retain its employee, because they don't want to
outsource techniques, styles and technologies. Switching of employees leads to
outsourcing of informations. This function of HRM supports sustainable performance
(Ngoc and et.al., 2021).
Strategic HRM decisions to maintain effects of business environment
In this changing world, there are number of things which are changing on daily basis and
that all are effecting business environment. Human resource management takes decision to
maintain organizational performance during that changes as well, there are some strategic HRM
decisions states below:-
 Training & Development:- Human resource management holds the function of training
& development of company's employee, they know appropriate time and space to
conduct training. Rolls Royce focused on continuous up-gradation in technologies which
affect business nature and its performance. Deal with it human resource management
takes decision to train its employee and enhances their skill through which they adopt
technological advancement and performs effectively (Piwowar‐Sulej, 2021).