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Unit 3: Human Resource Management

   

Added on  2023-01-03

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UNIT 3
HUMAN RESOURCE
MANAGEMENT
Unit 3: Human Resource Management_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Explain purpose and functions of HRM, applicable to workforce planning and resourcing
an organisation............................................................................................................................1
P2 Explain strength and weaknesses of different approaches to recruitment and selection.......2
TASK 2............................................................................................................................................5
P3 Explain benefits of different HRM practices within organisation for both employer and
employee’s..................................................................................................................................5
P4 Evaluate effectiveness of different HRM practices in terms of raising organisational profits
and productivity..........................................................................................................................6
TASK 3............................................................................................................................................7
P5 Analyse importance of employee relations in respect to influencing HRM decision making
.....................................................................................................................................................7
P6 Identify key elements of employment legislation and impact it upon HRM decision making
.....................................................................................................................................................7
TASK 4............................................................................................................................................8
P7 Illustrate application of HRM practices in work related context using specific examples....8
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
Unit 3: Human Resource Management_2
INTRODUCTION
Human resource management refers to the practice that reflects the managing people for
attaining the overall objectives. This aspects includes training and development, recruitment and
selection, performance evaluation etc. This report is based on the Aston Martin which is a
leading car manufacturing company in UK that can focus on producing and selling the luxury
sports car and grand tourers. This study undertakes the purpose and function of HRM, strength
and weaknesses of recruitment and selection approaches, benefits of different HRM practices
that are beneficial for employees and employers, significance of employee relation and key
elements of employment legislation which will impact the decision making. All these terms are
very helpful to enhance the company profits and productivity so that competitive advantage can
be enjoyed(Stewart and Brown, 2019).
TASK 1
P1 Explain purpose and functions of HRM, applicable to workforce planning and resourcing an
organisation
HRM defines as a practice of companies that involves recruiting, hiring, managing the
employees so that they can working effectively at working place. In case of Aston martin,
Human resource department is playing a different role, purpose and function to manage the
workforce of company so that higher profits can be attained (Nankervis and et. al., 2019).
Workforce planning refers to process of analysing the current workforce by examine their
current and past data so that best solutions can be implemented for attaining the goals and
objectives.
Best fit and best practice approach
These approaches in human resource management as it helps in attaining the work more
efficiently and effectively that is to be linked with the environment of the organisation. In this
manager of Aston Martin, Best practice is reflecting the strategy related to employee health so
that staff members can focus on their work and gives the proficient results. In this Best fit
approach is more flexible that is beneficial for companies to manage and attain the targets on
time.
Hard and soft models of HRM
1
Unit 3: Human Resource Management_3
In context of Aston Martin, manager can adopts both types of models as per the situation
occurs. In soft HRM, manager can focus on understanding the employees and valued them so
that their performance is to be boosted effectively. In This Hard HRM, manager within company
can treat their employees like a ordinary source due to this they cannot motivate but done their
task on time(Armstrong and Taylor, 2020).
There are several types of labour markets that are labour force population, Applicant
population, Applicant pool etc. it is essential for the labour because it helps in fulfilling the
demands of the employees according to their skills. Trends in labour market is very effective for
fulfilling the requirements of the workers and enhancing their productivity so that firm will gain
higher profits and revenues. Due to this company can also analyse turnover of the employees.
Due to effective trends within labour market stability can be maintain and also employees can be
retain within the company. In this PESTLE analysis helps in HRM practices by advancing the
technologies and properly follows the rules and regulations workers are to be retain within the
organisation for a longer period of time.
Functions of HRM
Managerial function- In this functions of management, Aston martin manager can play
a several role that are planning, directing, organising, staffing etc. so that employees can
be work effectively and efficiently. The major purpose of HR manager is to examine the
needs of the company by fulfilling all their expectations so that firm will gain the long
term objectives (Collings, Wood and Szamosi, 2018).
Operative function- This function of HRM within Aston martin is reflected the
development of employees and retain them for a more time period. In this they can select,
recruit, maintenance of labour so that working can be done smoothly. The major purpose
of this function within Aston Martin is to offer the benefits to their employees so that
they can retain within the firm for a longer period of time.
P2 Explain strength and weaknesses of different approaches to recruitment and selection
Recruitment refers to the process of attracting the large number of applicant for filling the
vacant jobs within the companies. In terms of Aston Martin, Manager can adopts this to fulfilling
the job position so that task can be attained on time period with proficiency.
Approaches to recruitment
2
Unit 3: Human Resource Management_4

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