The Roles and responsibilities of HRM
Added on 2020-02-05
20 Pages6007 Words150 Views
Human Resource Management
Table of ContentsINTRODUCTION......................................................................................................................4TASK 1......................................................................................................................................41.1 Differentiating between human resource management and personnel management.......41.2 Assessment of HRM functions........................................................................................61.3 Evaluation of roles and responsibilities of line managers...............................................61.4 Analysis of legal and regulatory framework on HRM....................................................7TASK 2......................................................................................................................................82.1 Analysing the reasons for human resource planning.......................................................82.2 Stages involved in planning human resource requirements............................................92.3 Comparison of recruitment and selection process of two organisation.........................112.4 Effectiveness of recruitment and selection techniques in an organisation....................12Task 3.......................................................................................................................................123.1 Link between motivational theory and reward at Virgin Media and other organisation.............................................................................................................................................123.2 Process of job evaluation and factors determining pay at Virgin Media.......................143.3 Effectiveness of reward systems at Virgin Media.........................................................143.4 Examination of methods used to monitor employee performance................................15Task 4.......................................................................................................................................164.1 Identification of reasons of termination and reasons for cessations of employment.....164.2 Employment exit procedures.........................................................................................174.3 Impact of legal and regulatory framework on employment cessation arrangements inan organisation.....................................................................................................................17Conclusion ...............................................................................................................................18References................................................................................................................................19
Illustration IndexIllustration 1: Human Resource Planning.................................................................................9Illustration 2: Maslow Motivational Pyramid..........................................................................12Illustration 3: Herzberg's Factors............................................................................................13
INTRODUCTIONIn the era of competitive global marketplace, corporate entities are changing theirviewpoint of managing human resources as a pool of talent and emphasizing on their visionand mission to manage the work activities of human resources in an effective manner. Theroles and responsibilities of HRM are changing due to change in government policies, labourlegislations and up-gradation in technologies. Business organisations are making theirsignificant efforts to attract large pool of human capital rather than accumulating financialcapital. If companies have the ability to foresee business requirements then it will besuccessfully able to gain competitive advantage and sustain profitability. The module hereparticularly laid its concern over the functions of human resource management and currentissues and challenges that are emerging before HR managers. Furthermore, this unit alsofocuses on various practices of HRM including recruitment and selection process,employment cessation and retention arrangements. In addition to this, with the assistance ofvarious organisational theories and models with reference of Monsoon Accessorize, a Britishmultinational retail clothing chain is done in the study.TASK 11.1 Differentiating between human resource management and personnel managementIn ancient times, when people were not familiar with the aspects of human resourcemanagement, then they used to implement personnel management approach at the workplace.Personnel management can be defined as organising, planning, maintaining and obtaining aworkforce for the purpose of contributing to the individual, societal and organisational goalsin a significant manner (Armstrong and Taylor, 2014). Now, in the present scenario ofcompetitive business world, Monsoon Accessorize is focused to adopt modern approach ofmanaging human resources at the workplace as it is facing many issues regarding HRmanagement. Major difference between PM and HRM can be analysed by taking thereference of two multinational clothing retailer Monsoon Accessorize and ASOS.com:ParticularsPersonnel Management Human ResourceManagementConceptPM is mainly concerned withplanning, organising,integration and maintenanceof people at work and theirOn the other hand, humanresource management isfocused to maximize theperformance of employees,
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