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Human Resource Management: Functions, Recruitment, and Selection

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Added on  2023-01-13

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This report provides an overview of Human Resource Management (HRM) in TESCO, including its purpose and functions. It explores different approaches to recruitment and selection, highlighting their strengths and weaknesses. The report also discusses the benefits of various HRM practices for both employers and employees, as well as their effectiveness in raising organizational profit and productivity. Topics covered include workforce planning, compensation and benefits, job analysis, job description, and person specification. The report concludes with an evaluation of the effectiveness of different HRM practices in terms of raising organizational profit and productivity.

Human Resource Management: Functions, Recruitment, and Selection

   Added on 2023-01-13

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Human Resource Management: Functions, Recruitment, and Selection_1
Table of Contents
Human Resource Management....................................................................................................1
INTRODUCTION.......................................................................................................................3
LO 1.............................................................................................................................................3
P1 Purpose and Functions of HRM.........................................................................................3
P2 Strengths and Weaknesses of different approaches to recruitment and selection..............5
LO 2.............................................................................................................................................8
P3 The benefits of different HRM practices – for both the employer and the employee.......8
P4 Evaluate the effectiveness of different HRM practices in terms of raising organisational
profit and productivity.............................................................................................................9
CONCLUSION..........................................................................................................................11
REFERENCES..........................................................................................................................12
Human Resource Management: Functions, Recruitment, and Selection_2
INTRODUCTION
Human Resources Management in organisation plays an important role and their
functions start with recruiting the organisation. This report includes various parts of Human
Resource Management. This report includes various functions of HRM in TESCO later this
report includes workforce planning. Later what are various strength and weaknesses of
different approaches of HRM. Various hard and soft models of HRM, internal and external
recruitment in TESCO and framework for Job analysis, Job description and Person
specification have been included in this report which are important HRM activities. HRM is a
two-way approach which is beneficial for employees and employer this report discusses
various benefits of HRM functions for employee and employer of TESCO.
LO 1
P1 Purpose and Functions of HRM
Human Resource Management means a practice of recruiting, hiring and retaining
employees and managing employees of an organisation (Mayrhofer and Brewster, 2017). This
includes all the activities which are concerned with Employees of an organisation and their
management. In Tesco Human Resource Management carry out various functions and
activities which are-
Recruitment
This includes activities through which HR department of TESCO stimulate efficient
and effective employees in the job market to apply fort various vacant positions on TESCO.
This includes posting of Job vacancy on various sites and various platforms from where
company can get employees to work in organisation.
Employee-Employer Relation
This refers to relation in employee and employer. In small organisations this is the
owner of the company and organisation but in case of TESCO this refers to manage who
employs employees (Al-Hawary and Shdefat, 2016). HR works as mediator and maintains
healthy relations in employees and employer. This includes that HR represents employees to
management and to employees HR represent Management.
Compensation and Benefits
Human Resource Management: Functions, Recruitment, and Selection_3
Compensation is main reason for which employees seek employment and work for
TESCO. HRM manages compensation of employees. This includes activities like
determination of compensation and salary for various positions and giving compensation and
benefits to employees as decided earlier and what employee is entitled to get after a certain
period of time like week, month in the organisation.
Workforce Planning
This is another important function of HRM and all the activities related to HRM starts with
this. Workforce Planing means planning the demand and supply of the workforce in a
organisation. This Function of HRM encompasses various other functions which are-
Analysis of Objectives of HRM
In this HRM analyse objectives of HRM of TESCO this gives them idea about what
they intend to achieve through their HR and HRM (Doumic and et.al., 2017). This also helps
in determination of Gap between objectives and results. Major objective of Organisation is
that it can get best return on the investment it makes on the workforce.
Forecasting Demand of Workforce
There are various techniques through which demand of the workforce in organisation
is identified. These techniques are-
Ratio Trend Analysis
Work Study Techniques
Flow Model
Analysis of Past Trends
Supply Forecasting of Workforce
After forecasting Demand of the workforce in organisation later HR forecast its supplies. This
includes identification of various sources from which organisation is able to get the workforce
which it requires (Doumic and et.al., 2017). Major sources of supply are Internal and External
sources.
Matching Demand and Supply
After forecasting demand and supply they are matched and organisation determines whether
the supply of demand is as per the demand of the workforce. In this workforce hired by the
organisation is placed on various places which were vacant earlier.
Human Resource Management: Functions, Recruitment, and Selection_4

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