Human Resource Management: Purpose, Functions, and Practices
VerifiedAI Summary
This document provides an overview of Human Resource Management (HRM) in the context of workforce planning. It explains the purpose and functions of HRM, evaluates the strength and weakness of different approaches for recruitment and selection, describes the benefits of HRM practices for both employers and employees, and evaluates the effectiveness of HRM practices for raising organizational profit and productivity. It also analyzes the importance of employee relations in influencing HRM decision-making and discusses the key elements of employment legislation that impact HRM decision-making. The document is based on the case study of Unilever, a leading consumer goods company.