logo

Importance of HRM in Workforce Planning and Resourcing

   

Added on  2023-01-10

12 Pages3188 Words65 Views
Human Resource Management
1
Importance of HRM in Workforce Planning and Resourcing_1
Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation...........................................................................................................3
P2 Explain the strengths and weaknesses of different approaches to recruitment and selection.
.....................................................................................................................................................4
TASK 2............................................................................................................................................5
P3 Explain the benefits of different HRM practices within an organisation for both the
employer and employee...............................................................................................................5
P4 Evaluate the effectiveness of different HRM practices in terms of raising organisational
profit and productivity.................................................................................................................7
TASK 3............................................................................................................................................7
P5 Analyse the importance of employee relations in respect to influencing HRM decision-
making.........................................................................................................................................7
P6 Identify the key elements of employment legislation and the impact it has upon HRM
decision-making...........................................................................................................................8
TASK 4............................................................................................................................................9
P7 Illustrate the application of HRM practices in a work-related context, using specific
examples......................................................................................................................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
2
Importance of HRM in Workforce Planning and Resourcing_2
INTRODUCTION
Human resource management is considered as a strategic approaches and planning that is
associated to individual’s management into an entity. This is vital for business to maintain its
human resources ineffective way so that it can able to obtain a competitive advantage into
marketplace (Albrecht and et. al., 2015). For this report, the undertaken company is Marks and
Spencer which a well known British multinational retailer having headquarters is in London,
England. It specialises in selling home products, clothing etc. this report cover some topics such
as definition of HRM, its main purpose, function and activities, workforce planning, recruitment
approaches along with its advantage and disadvantage. Moreover, HRM practice with its impact
upon employer and employee, staff relationship and key element of employee legislation. Apart
from all this, applications of HRM practices in a work-related context are also illustrated in this
report.
TASK 1
P1 Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation.
Define Human resource management
Human resource management is define as a technique which is adapted through several
firm for effectually managing the workforce into its enterprises as well as attain objectives in
gainful way (Bhatt and Lakshmi, 2017). The main purpose of HRM is to coordinate overall
practices and staff into company in order to achieve future objectives.
Major benefits HRM:
As human resource management is important for firm like Marks and Spencer as it has
various benefits. Some of them are discussed below:
It is helpful in developing value and culture into company.
It is accountable for creating effective relations.
HRM assists in recruitment a competent candidate and provides training to them.
Main function and activities of HRM.
Human resource management is undertaken as the central pillar of all firms so it performs
various functions and activities such as recruitment and selection, maintaining effectual working
3
Importance of HRM in Workforce Planning and Resourcing_3
conditions and many more. So, some functions and activities that Marks and Spencer perform are
discussed below:
Maintaining effectual working situation: This is considered as vital functions and
activities of HRM as it is important to manage the working condition and environment
organisation. This is so it assures an employee engagement for longer duration in firm. So,
Marks and Spencer perform respective function to obviate staff turnover rate and thus it shows
their significance with respect to firm.
Recruitment and selection: It is also considered as an another essential function and
activities as it is associated with attracting, recruiting and selecting staff which are proficient and
could contribute towards firm’s development as well as stability. Moreover, this function and
activity are important for Marks and Spencer as by effectual execution of this they can become
capable to choose proper candidates for vacant position into country.
Workforce planning and its effectiveness with example.
Workforce planning is define as a continuous procedures which is utilised for aligning the
requirements as well as priorities of entity with those of their personnel to assure that can
accomplish their regulatory, legislative, production requirements and many more. This facilitates
manager with a strategic basis to develop decisions of human resource (Brewster and et. al.,
2016). Moreover, this enables them to predict modification and facilitates strategic procedures
for highlighting current and anticipated personnel problems. For example: If Marks and Spencer
requires developing their sales for effectively operating their business. For instance, they have to
appropriately train and analyse its workforce performance regularly so that they can able to
enhance their productivity and sales effectually.
P2 Explain the strengths and weaknesses of different approaches to recruitment and selection.
The Marks and Spencer manager have to hire and choose competent candidates for vacant
post which can attain their goals appropriately. The several approaches that is utilised through
respective organisation for recruit are discussed underneath along with its advantage and
disadvantage:
Recruitment: It is define as method for finding as well as grabbing the attention of various
potential candidates towards organisation in order to fill the vacant position. Basically, this
attract, short list as well as choose proficient candidates for particular post. Through
4
Importance of HRM in Workforce Planning and Resourcing_4

End of preview

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

Related Documents
Importance of Employee Relations in HRM Decision Making
|16
|4257
|62

Importance of HRM Practices in Organizational Success
|20
|3817
|88

Human Resource Management Practices: Doc
|15
|4856
|346

Human Resource Management Assignment Solved - Marks and Spencer (M&S)
|18
|5504
|51

Human Resource Management Responsibilities
|15
|4682
|154

Assignment on Human Resources pdf
|22
|6237
|169