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Benefits of HRM Practices for Employer and Employee

   

Added on  2023-01-06

16 Pages4877 Words21 Views
Unit 3-Human
Resource
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation...........................................................................................................1
Explain the strengths and weaknesses of different approaches to recruitment and selection......3
Task 2...............................................................................................................................................5
Explain the benefits of different HRM practices within an organisation for both the employer
and employee...............................................................................................................................5
Evaluate the effectiveness of different HRM practices in terms of raising organisational profit
and productivity...........................................................................................................................7
Task 3...............................................................................................................................................8
Analyse the importance of employee relations in respect to influencing HRM decision making.
......................................................................................................................................................8
Identify the key elements of employment legislation and the impact it has upon HRM decision
making..........................................................................................................................................9
Task 4.............................................................................................................................................10
Illustrate the application of HRM practices in a work-related context, using specific examples.
....................................................................................................................................................10
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Human resource management is defined as strategic approach which can be used to
manage and organise the activities effectively and complete the business activities in changing
environment. The management is having different skills and competencies which uses to manage
people and fill their desires to attain the organisational goals. In other words, a process of
recruiting, organising, directing, selecting, providing orientation and training to employees is
considered as Human resource management (Askenazy and Forth, 2016). In organisation
management is playing an important role as it analysis the performance of employees who are
working and manages the all functions which can help to increase organisational profitability.
The organisation covered in report is Farmfoods that is British supermarket chain in
Cumbernauld, Scotland. The mission and vision statement of chosen organisation is to become
the leading organisation in super market by delivering better quality of product at retail prices.
The purpose and objective of organisation is to increase brand image and higher profitability by
increasing sales and activities. This is operating its business in UK by managing all functions and
activities. This report covers purpose, function of HRM, Practices in relation to HR, Benefits and
legislations that uses to organise and manage the business.
Task 1
Explain the purpose and the functions of HRM, applicable to workforce planning and resourcing
an organisation
Human Resource Management: It is the term used for process of recruiting, selecting,
imparting training, developing policies, strategies making to retain employees, providing
perquisites, evaluation of their work includes performance appraisal, motivation, ensures
facilities of fixing salary/wages, working hours, management of provident fund, bonus, pension,
employees compensation etc. as per compliances of labour law. All the steps are performed by
HR department with the help of Human Resource Manager.
Purpose of HRM
The main purpose of such management is to ensure that organisation should
achieve their objectives and earn maximum profit with the help of skilled human
resource (Belizón, Morley and Gunnigle, 2016).
1

It helps to make coordination among workers in working place so that to avoid
conflicts in the organisation.
Various managerial functions are performed by manager under this, these are explain in
detail in the below mentioned points.
People resourcing: It is a manner through which person are choose for performing a job.
It is perform by mangers for this various different method are adopted by company to recruit
people to fulfil the vacant position. Through campus placement managers of Farm Food select
the suitable candidate for specific job.
Managing performance: Evaluation of performance is done at regular interval of time
by Farm Food managers. If there is any deviation in the performance the reasons behind it is also
be analyse by them. After that directions and instructions are given to manager to improve
performance in this way they perform the management function.
Managing reward: After analysation of performance the rewards are given by the
managers of organisation to motivate employees. Managers of Farm Food provide benefit to
their employees by giving money reward, perquisites like car facility, mobile, laptop, etc. as it
help to increase standard of employees.
Human resource development: By proving training session, development is done
because they learn different methods of performing the task. Farm food conduct induction
programme, and also arrange conferences so that skills of their employees are also develop it
tends to make positive impact on profitability also. Set up of Structure is created by management
team to conduct various activities.
Employment relation: Manager put great efforts to maintain healthy relation between
owner and employees. Employer of Farm Food by giving fair treatment to all employees can
retain them in the job for long duration to give their services and be loyal to organisation.
Some other operative functions are also be performed by management these are describe as
follows.
Industrial Relations: Various industrial compliances are to be follow regarding safety
measures, building good relation between trade union, employer and employee.
Personal Record:Details of all the employees and workers are necessary to record by
every employer. Farm food make proper recording of human resource as they have large number
of workers so it is impossible to manage information without recording (Curado, 2018).
2

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