HRM Practices for Profit and Productivity

UNIT 3- HUMAN
RESOURCE
MANAGEMENT
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TABLE OF CONTENT
INTRODUCTION...........................................................................................................................4
P1. Purpose and the functions of HRM, applicable to workforce planning and resourcing an
organisation..................................................................................................................................4
P2. Approaches to recruitment and selection..............................................................................5
P3. Benefits of various HRM practices.......................................................................................7
P4. Effectiveness of different HRM practices which helps in raising the profit & productivity 9
P5. Importance of Employee Relations.....................................................................................10
P6. Employee legislation...........................................................................................................12
P7. Applications of HRM..........................................................................................................13
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16
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INTRODUCTION
HRM (Human Resource Management) is the process of providing employment to people,
giving them training, paying compensation for their efforts in the organisation, develop policies
related to employees and formulate strategies to retain the talents. HRM today plays a crucial
role in the growth of company as it has undergone many changes from past two decades. Now-a-
days, HRM plays more administrative role in comparison to strategic role because it provides
more success to organisation.
The Wagamama is a British chain of restaurants having its headquarters in London,
United Kingdom and was founded by Alan Yau. The restaurant offers various Asian and
Japanese Cuisine. Wagamama restaurant chains have its operations in different places in the
world.
This report discuss the purpose and scope of HRM in Wagamama Restaurant related to
resource planning and workforce and explains the strengths and weakness of distinct approaches
to recruitment and selection. The report also explains the benefits and effectiveness of HRM
practices and examines the importance of employee relations in the restaurant. Later, it
recognises the key elements of employment legislation and its impact on decision- making and
illustrates the application of HRM practices in a work related context.
P1. Purpose and the functions of HRM, applicable to workforce planning and resourcing an
organisation
Human resource management is a procedure of hiring, recruiting, selecting, educating
employees, providing training and development to the employees to raise their performance as
well as HRM look for salary, compensation, incentives, and benefits of the employees along with
this it makes sure the safety and welfare of the employees. There are some purposes of HRM
such as:
1. The purpose of HRM is to give the job and look forward for the benefits of the existing
employees but before selecting any new employee.
2. Other main reasons of performing several functions by HRM is to fill vacant post of
company by identifying the quality of the candidate. For that HR takes various test of the
candidate to know that the particular candidate is suitable or not for the job.
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3. To increase staff retention rate by providing correct training after selecting the right
candidate it is essential for HRM.
4. Another main important purpose of HRM is to improve work performance of employees
and making sure that employees are performing. They also need to make sure that all
employees are working as per the rules and standards of the company or not according to
that appraisals has been given to the employee (Bhargava, 2020).
Functions of HRM
Recruitment and selection: The first and foremost function of HRM is analysing the job
and as per the requirement HR has to recruit the right candidate. The given organization
Wagamama is a Chinese restaurant so the HR has to look for the candidate who can handle the
front office, because front office has lot of queries and rush and as well as selecting correct
candidate for back office too.
Wages management: HR is responsible for managing wages and maintaining the
attendance records of the employees and have to review the shifts of the employees as well as the
holidays especially on weekends because restaurant make good business on weekends. Many
Restaurant give bar facilities to its customers and serve alcohol to the customers so it is the
responsibility of HR that the employees who are doing duty in the bar area are TIPS certified. It
means that the employees are knowledgeable to check the limit of consumption of alcohol. So
that it doesn't harm the customer.
Managing resources: As Wagamama has a big chain of restaurants in UK so it is the
liability of the HR to plan and manage the resources Hr has to identify how many employees are
required in the company? What should be the pay scale of the new employee? What kind of
employee is needed as it is a Chinese restaurant but it has opened various branches in different
countries so it is important to know the taste of the people of that particular country and as per
that they have to choose the correct candidate as a chef, so it is very important to find the ideal
candidate? To save the money and the resources HR can hire the candidate for that particular
country only. Sourcing of the candidate in an organisation is very crucial for the HR as it is food
industry the candidate should have good command on the language. These are the major role and
functions which have to played by the HRM department (MS, 2020).
Training to employees: After selecting the best candidate within organization HR requires
providing training to all of their employees. |The main reason of providing training and
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