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Benefits of HRM Practices for Organisational Profit and Productivity

The assignment requires the creation of a Human Resources Employee Induction Manual (Part 1) and The Job Application (Part 2). The submission deadline is Sunday 09 May 2021 at 23:59.

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Added on  2022-12-27

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This article explores the benefits of different HRM practices within an organisation for both the employer and employee. It evaluates the effectiveness of recruitment and selection, training and development, and employee motivation in terms of raising organisational profit and productivity. Discover how these practices contribute to organisational success.

Benefits of HRM Practices for Organisational Profit and Productivity

The assignment requires the creation of a Human Resources Employee Induction Manual (Part 1) and The Job Application (Part 2). The submission deadline is Sunday 09 May 2021 at 23:59.

   Added on 2022-12-27

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Human Resource
Management
Benefits of HRM Practices for Organisational Profit and Productivity_1
Table of Contents
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
P1. Explain the purpose and functions of HRM, applicable to the workforce planning and
resourcing an organisation..........................................................................................................1
P2 Explain the strengths and weaknesses of different approaches to recruitment and selection.
.....................................................................................................................................................3
Task 2...............................................................................................................................................5
P3 Explain the benefits of different HRM practices within an organisation for both the
employer and employee..............................................................................................................5
P4 Evaluate the effectiveness of different HRM practices in terms of raising organisational
profit and productivity.................................................................................................................7
Task 3...............................................................................................................................................8
P5- Analyse the importance of employee relations in respect to influencing HRM decisions. 8
P6 Identify the key elements of employment legislation and the impact it has upon HRM
decision-making..........................................................................................................................9
Task 4.............................................................................................................................................10
P7 Illustrate the application of HRM practices in a work-related context, using specific
example.....................................................................................................................................10
CONCLUSION .............................................................................................................................12
REFERENCES.............................................................................................................................12
Benefits of HRM Practices for Organisational Profit and Productivity_2
INTRODUCTION
Human resource management is an integrated body in an organisation, without whom it is
impossible for organisation to achieve strategical business goals. Moreover, human resource is
the significant resource of an organisation, hence their controlled and coordination is essential.
Human resource management is all about arranging and managing human resource and a team to
achieve business goals. Asda Store, a supermarket stores and renowned name in the UK retail
industry situated at Leeds, UK. Asda have 165K workforce their organisational functioning
across different outlet, hence effectively personnel management and coordination of their activity
would be beneficial for them (Liu, Qingqing and Liu, 2021). This following report throw light on
the concept of the HRM, its functions and role, scope at Asda. Furthermore, there are various
internal and external factor that influences the HR manager decision making like employee
legislation are being also illustrated. At the end, following report is also highlighting the HRM
work concept at the Asda for employing marketing manager.
Task 1
P1. Explain the purpose and functions of HRM, applicable to the workforce planning and
resourcing an organisation.
Asda is a supermarket retail chain in the UK retail industry. Asda company also deals in the
online market through its official website where a user can order certain items from their website
Mission of Asda
Mission statement highlight why a particular organisation exists. Asda has mission to be
raised as the trusted market no only in UK but through the world where they operate.
Purpose and core business objective of Asda
To provide more customer satisfaction by offering lower and must buy price to customers
with aim to save money live better.
To be raise as the valuable and quality brand in customer mind
The term Human Resource stands for the “People working in an organisation. The
effective and efficient management of a work force lies under Human Resource Management. It
involves all the functions related with selection, recruitment, staffing and managing a work force
effectively in an organisation for the achievement of common objective. The main functions of a
HRM of Asda are mentioned below: -
1
Benefits of HRM Practices for Organisational Profit and Productivity_3
Job design and analysis :- The work of HR manger at Asda starts with the identifying the
duties and responsibilities an employee needs to perform. Company become aware of set
of skills and capabilities required to perform a specific task, which in turn helps in
identifying and selecting an appropriate candidate for an organisation (Macke and Genari,
2019). At Asda, HR manager has the function in HRM to draft job design and assign job
to respective employee. Selection and Recruitment (Staffing): - This functions of HR manager include all the
managerial task associated with the staffing new employee by screening, selecting and
recruiting a suitable candidate matching all requisites of job duties and responsibilities.
HRM function helps Asda to have an effective work force with the adequate skills and
expertise, required to perform the job. Therefore, it is duty of HR personnel to perform
recruitment and section process to provide adequate workforce in the office.
Training and Development: - Adequate training and development programmes designed
by the HRM department for harnessing the overall productivity of an employee.
Providing a proper knowledge of skills and expertise associated with the task at ASDA
HR manager helps their employees in performing their task efficiently, thus improving
overall performance of the company. Compensation and Benefits: - Designing and establishing an adequate reward for the
employees’ is consider to be the primary function of the HR manager in HRM planning.
The main objective behind is to provide a fair and equitable remuneration to the
employees. Well described compensation and benefits plans at ASDA provides a
transparency and therefore this function of HRM by the efforts of HR manager works as
a motivational factor (Huemann, Keegan and Turner, 2018).
Managing employees Relations: - Employees are the important assets of the
organization. Having a policy of “Respect for each and every individual” at ASDA, HR
manager has maintained a good and healthy relations with the employees that leads to a
better work environment, harmony among employees and working towards the common
objective.
Purpose of HRM at Asda
The main purpose of Human Resource Management is managing a task force in an
efficient manner that contribute to the smooth functioning of an organisation.
2
Benefits of HRM Practices for Organisational Profit and Productivity_4

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