logo

Benefits of HRM Practices for Employer and Employee

18 Pages4632 Words216 Views
   

Added on  2022-12-26

About This Document

This document discusses the purpose and functions of HRM, strengths and weaknesses of different approaches to recruitment and selection, and the benefits of HRM practices for both employers and employees. It also evaluates the effectiveness of HRM practices in terms of raising organizational profit and productivity. The chosen organization is Vodafone, a multinational telecommunications company headquartered in the UK.

Benefits of HRM Practices for Employer and Employee

   Added on 2022-12-26

ShareRelated Documents
Unit: 3 Human Resource
Management
Benefits of HRM Practices for Employer and Employee_1
Table of Contents
Part 1..........................................................................................................................................3
Introduction................................................................................................................................3
Main Body..................................................................................................................................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..................................................................................................................................7
P3: Explain the benefits of different HRM practices within an organisation for both the
employer and employee.........................................................................................................9
P4: Evaluate the effectiveness of different HRM practices in terms of raising organisational
profit and productivity..........................................................................................................10
P5: Analyse the importance of employee relations in respect to influencing HRM decision-
making..................................................................................................................................11
P6: Identify the key elements of employment legislation and the impact it has upon HRM
decision-making...................................................................................................................12
Part 2........................................................................................................................................13
P7: Illustrate the application of HRM practices in a work-related context, using specific
examples...............................................................................................................................13
Conclusion................................................................................................................................16
References................................................................................................................................17
Benefits of HRM Practices for Employer and Employee_2
Part 1
Introduction
Human resource management is the process which is where the human resource manager
are responsible for execution of the different operations within business. In human resource
management, leadership are the greatest strategies which are followed up by the most of
organisation. This is one of the best and effective strategy which are used by the managers.
An organisation is totally depend on recruitment and selection process, which are needed
training and development process of an employee which is executive by human resource
team (Albarran, Mierzejewska, and Jung, 2018). This report will be going to cover different
function of HRM, strength and weakness of different approaches. It will further discuss the
benefits of HRM. For this the chosen organisation is Vodafone, as the need of HR practices
and their implication in the company is needed and important for the growth. Vodafone group
was founded in 1982, and headquartered in Berkshire, United Kingdom.
Main Body
P1 Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation
Definition of HRM:
This is the general process of recruiting, selecting and inducting employee, training
and development and many more benefits which are used for achieving the growth and
objectives of company. HR manager of Vodafone has the mission to earn revenue with the
help of providing the best services to their valuable client having effective team resource.
Functions and activities of HRM:
At Vodafone, HR team handle, all the activities which are related to employees, time
table of expiring training and development programme, assist team members issues, call for
interview, recruit and many other duties (Annarelli and Nonino, 2016). Some of the function
which are performed by HR manager of Vodafone, are support and train their team, excellent
multi-tasking skills, working in the independently, cross training session and make a
compliances culture. All of these function and activities are followed and complete by the HR
team of Vodafone group.
Benefits of HRM Practices for Employer and Employee_3
Best fit and best practice approach:
Best Practice Best Fit
It show that most of the HR policies will
include rewards plan (Banfield, Kay and
Royles, 2018).
This Strategies are believed in reward
system which are compile with the some
strategies of organisation.
This show the commitment for the
employees in company and providing high
motivation level within organisation.
This is the result of achievement of showing
best competitive advantage and benefits for
the company.
The Hard and soft model of HRM:
In the Hard Model, employees get used as the resources for a trade where a strong
link is identified which are make as per the planning of company (Bakker and Albrecht,
2018). HRM should be focus on the workforce planning and able to recruit the needed
employees as per the need of Vodafone group. Here the communication is very less with each
other and employee just had to follow rules of top management.
Benefits of HRM Practices for Employer and Employee_4

End of preview

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

Related Documents
Management of Human Resources for Vodafone: Resourcing, Recruitment, Reward, Performance Management and HR Development
|17
|4761
|279

Human Resource Management Assignment - Tesco limited company
|16
|4852
|321

Functions and Purpose of HRM, Best Fit and Best Practice Approach, Recruitment and Selection, Learning and Development, Performance and Reward at Kingfisher Plc
|14
|4465
|157

Analyzing the Purpose and Functions of Human Resource Management in Kingfisher Plc
|8
|1461
|105

Human Resource Management Assignment - Sainsbury
|32
|5206
|72

Purpose and Functions of HRM in Workforce Planning
|28
|5193
|71