Strategic Human Resource Management

Strategic Human
Resource Management
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Table of Content
Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................3
Main Body.......................................................................................................................................3
Critically evaluate the extent to which IPRP can stimulate better performance.........................3
Under what circumstances employees would motivate their employees and why and in what
circumstances it tends by not working properly..........................................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
The human resource management play a vital role in an organisation as it performs
numerous functions such as recruitment, selection, training and development of an employee
which ensure a vast growth in an organisation (Amarakoon and et. al., 2018). In simple words,
Strategic human resource management involve the preparation of a strategy which ensure that
they could hire the best and talented workforce which maximise the efficiency of a firm as it
assists in attainment of business objectives within a short span of time. This report is based on
ALDI which is a renowned popular retailing company in UK as it deals with different varieties
of merchandise such as groceries, food products and other household essentials. This company is
propounded by Karl and Theo Albrecht in the year 1946 as it has expanded its operations in
different parts of the country so as to gain maximum exposure of customers across the globe.
This report is based on IPRP which stimulate employees to contribute towards high performance
as it provides several ways to enable sustainable growth as it helps in accomplishment of
business objectives in a limited time.
Main Body
Critically evaluate the extent to which IPRP can stimulate better performance
Performance related pay is a term that is associated with different types of pay by judging
the performance of individual which provide better sustainability (Armstrong, 2019). There are
different schemes that are launches so as to appraise the efforts of individual’s in a workplace as
there is a linkage between the payment as well as performance. In such a competitive era,
business enterprise tries to provide better compensation benefits and monetary incentives so as to
live up to the expectation of employees.
The IPRP proves to be advantageous in a modern era as it is provided on the basis of
subordinate’s performance which improve the overall effectiveness and thus provide a greater
degree of accuracy by setting proper standards. The manager of ALDI would tend to motivate
and inspire the performance level by meeting their expectation by providing more pay to them as
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