Human Capital & HRM Practices Impact
Added on 2020-07-22
18 Pages4920 Words131 Views
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HUMAN RESOURCEMANAGEMENT
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Functions and purpose of HRM in an organisation..........................................................1P2. Strengths and weaknesses of approaches to recruitment and selection...........................4TASK 2............................................................................................................................................6P3. Benefits of HRM for employer and employee in BT Plc.................................................6P4. Effectiveness of HRM practices.......................................................................................6TASK3.............................................................................................................................................7P5. Importance of employee relations to influence HRM decision making...........................7P6. Key element of employee legislation and their impact on decision making process.......9TASK4...........................................................................................................................................10P7. Application of HRM practices in a work related context...............................................10CONCLUSION .............................................................................................................................13REFERENCES .............................................................................................................................14
INTRODUCTIONHuman resource management of an organisation mainly focuses on maximising theemployee’s productivity. HR professionals manage all operations and process of businessorganisation. They also manage the human capital by concerning with implementing policies andprocesses (Huselid and Becker, 2011). HR specialises in recruiting, training, selecting theemployees which improve overall company performance. They ensure compliances withemployment and labour laws. They oversee the leadership and culture in organisations too aswell as set up all HR activities. This unit has considered all functions and purpose of HRMrelated with strengths and weaknesses of its approaches. For enhancement of HR relatedactivities, British Telecommunication Plc. (BT Plc) has been taken in this assignment. It is one ofthe leading communication companies of UK that serves broadband, phone, TV and mobile. Thisfirm keeps his employees as an important assets so, it allows flexible working hours for them. TASK 1P1. Functions and purpose of HRM in an organisationHRM in an organisation is all about enhancing employee’s performance to the greatestlevel according to their role in business. For enhancement, HR professionals develop the skillsand knowledge of employees and motivate them in order to increase their productivity andperformance. (Kehoe and Wright, 2013). They also ensure that employees may continue inmaintaining their commitment towards business objectives and goals. Following are some majorfunctions of HR management in all organisations like BT Plc.: Functions of HRMRecruitment and selection: HR manager of a company mainly engages in recruiting thebest candidates at workplace. They perform this process through various approaches ofrecruitment and selection methods. Manager of BT Plc. has performed this function in the mostappropriate way to recruit an employee who can help in achievement of its business success andgoals. Orientation: This process is used to make a new employee comfortable in anorganisation. It is a fundamental process that helps a person in adjusting himself with newenvironment of an organisation. HR professionals of BT Plc. conduct employee orientationprogram for new candidates to provide information related to company's goals and objectives.1
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