logo

Strategic Human Resource Management

   

Added on  2023-01-07

9 Pages2844 Words98 Views
Leadership ManagementProfessional Development
 | 
 | 
 | 
Strategic Human Resource
Management
Strategic Human Resource Management_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY .................................................................................................................................1
Evaluation of research with individual performance related pay................................................1
Circumstances related with IPRP tends for motivating employees............................................2
Circumstances in which IPRP not perform their work well.......................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Strategic Human Resource Management_2

INTRODUCTION
Strategic human resource management is formulated or designed for leading the
organisation to meet with the needs of employees that is leading engaged workforce to
accumulate company goals and objectives in stipulated period of time. Human resources work as
an important asset for a business that leads organisation to complete all work with developing
competitive edge in market. Hiring and firing, salary benefits, compensation, training and
distribution of roles to employee's etc. are some important aspect that are related with human
resources of organisation. This report is written from perspective Sainsbury plc and it perform
their business in retail sector (Al-Ayed, 2019). Along with this Sainsbury's operate large chain of
supermarket for satisfying individual need and wants. IPRP and its relation with high
performance of employees will highlight in this report.
MAIN BODY
Evaluation of research with individual performance related pay
Employees perform their work to obtain high salary or pay in return of there work. From
the traditional perspective all organisation perform their work for completing task related with
fixed amount of money. Salary are paid according to weekly or monthly basis and in the context
of Sainsbury organisation perform there business in retail sector of UK. Moreover, respective
business is well-known for their services and it is used in managing business to complete all task
in an organised manner by engaging right number of employee's. Human resource manager of
Sainsbury is more focused towards satisfying workforce needs and wants. Individual
performance related pay is an effective technique that is used for managing the pay of
employee's. This refers by providing right and equivalent salary and wages to individuals who
are engaged in company workforce aids to motivate employee's for completing their work in an
appropriate manner. It also define by undertaking IRPR trends organisation also manage their
profits and cost of business (Albrecht and et. al., 2015). This also refers management makes
longer perspective that are used in managing and controlling work according to decided budget
of organisation. It also define purpose of business define task and research which leads to
manage performance of employee's. There are various circumstances higher level of employee's
and it also make concepts that are well for completing work with trends of business. By linking
pay and salary with performance of employee's efforts, loyalty, motivation and other essential
1
Strategic Human Resource Management_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Strategic Human Resource Management
|8
|2587
|40

Individual Performance Related Pay in Human Resource
|8
|2229
|77

Strategic Human Resource Management: Individual Performance Related Pay
|8
|2472
|38

Impact of Individual Performance Related Pay on Workforce Performance
|9
|2461
|51

Strategic Human Resource Management: How IPRP Stimulates Higher Performance and Motivates Employees
|9
|2433
|22

Strategic HRM: Individual Performance Related Pay and its Impact on Employee Performance
|8
|2682
|26