Assignment on Human Resources Management | Canary Wharf

HUMAN RESOURCE
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK1.............................................................................................................................................3
P1) Functions and purpose of human resources management....................................................3
P2 Strength and weaknesses of different recruitment and selection approaches........................5
TASK2.............................................................................................................................................6
P3 Benefits of various human resources practices......................................................................6
P4 Evaluating the effectiveness of the human resource practices...............................................8
TASK3.............................................................................................................................................9
P5 Importance of the employee relation influencing the HRM decision making.......................9
P6 Elements of employment legislation and its impact on decision making............................10
TASK4...........................................................................................................................................11
P7 Applications of the HR practices.........................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Human resources management is a process through which the organisation implement all
the functions of the management in the human resources of the firm. The manpower is very
important part of the organisation, they have to be managed very well hence it is very necessary
for the organisation to manage the employees of the organisation (Armstrong and Taylor, 2014).
The training and the proper allocation of the work to be done by the firm so that the employees
can be able to utilise their skills and knowledge at the area where they are having expertise.
Canary Wharf firm is situation in London, it is one of the two financial centres of UK. It
also contain tallest buildings of Europe's. The human resources management of the of the
company is to be done for the better operations and the services of it. The major responsibilities
that lies upon the human resources managers are to plan and design the recruitment and staffing
process, compensation and all the benefits are planned.
TASK1
P1) Functions and purpose of human resources management.
Human resources management is the process used for the managing of the manpower
working in the organisation. The market is full of competitions and it has to be fought and to be
sustain in it by the firms. Hence to carry out all the activities of the organisation the most of the
contribution are made by the employees, so it is the major aspect of the business that has to be
very well managed. If the management of the employees or the human resources of the firm are
not done properly then the operations and the activities can not be able to perform in an effective
manner (Arrowsmith and Parker, 2013). Therefore Canary Wharf firm has to very effectively
carry out the management process of the human resources of it.
Functions and role of human resources management in the organisation
 Safety- The human resources management has the role of planning for the health and the
safety aspects of the employees of the organisation. The safety at the place people are
working is very important, the employers of the firm has the strict obligation to look after
the security and safety of each and every employees working in the firm. One of the most
important function of the HR management team is to provide the safety and related
training to everyone so that at the time of problem the proper management can be done.

 Employees relation- It is very important aspect that the firm has to follow as to maintain a
good relationship between the employees and the employers of the firm (Avey and et.al
2012). This will help the smooth functioning of the activities and operations of the
organisation and also the conflict can be effectively managed.
 Compensation benefits- The compensation, salary and the wages are planned by the
human resources management team, this have to be very carefully and effectively
managed by them so that the bias situation can be reduced and the employees can also be
satisfied with the offerings made by them. Recruitment- The most important function that the management has to perform is the
recruitment process. The management regarding the process of recruitment is very
essential as to fulfil the requirements of the employees in the different depart of the
organisation. Well planned methods are to be used for this process.
Purpose and objectives of HRM
 The human resources management's main objectives is to properly serve the different
functions of the organisation.
 It is helpful in attaining the goals and the objectives of the firm.
 Helps in providing the facilities according to the requirement of the different departments
of the organisation. The another important aspect that are performed by the human resources management is
to motivate the employees working in the firm as because motivation is a very essential
element that is must for the employees.
Nature of strategic human resources management
 It is very much integrated with the strategies and the management related to the human
resources management of the organisation's.
 It is a continuous process.
 It is a universal aspects that has to be followed by every organisation of the world though
the manner might be different but the aspects and the objectives are very similar (Bratton
and Gold, 2012).
 It is very flexible as well as it is rigid too so that some of the aspects can be changed
when ever required and some has to be very strictly followed. It's nature lies upon the fulfilment of the objective and the goals of the organisation.