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Importance of HRM Practices in Organizational Success

   

Added on  2023-01-18

20 Pages3817 Words88 Views
Human Resource
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
TASK 2..........................................................................................................................................12
P3 Explain the benefits of different HRM practices within an organization for both employer
and employee........................................................................................................................12
P4 Evaluate the effectiveness of different HRM practices in terms of raising organisational
profit and productivity..........................................................................................................13
TASK 3..........................................................................................................................................14
P5 Analyse the importance of employee relations in respect to influencing HRM decision
making..................................................................................................................................14
P6 Identify the key elements of employment legislation and the impact it has upon HRM
decision making....................................................................................................................15
TASK 4..........................................................................................................................................16
P7 Illustrate the application of HRM practices in a work related context, using specific
examples...............................................................................................................................16
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18

INTRODUCTION
Human resource management is regarded as a set of organisational practices which is
directed to attract, develop as well as maintain an efficacious personnel (Cascio, 2015).
Moreover, this is a series of decisions which impact the relation among employer and staff which
effects various constituencies as well as in well-intentioned to influence efficaciousness of
employer and workers. The main intent of this is to assure the availability of willing as well as
competent personnel to firm. The organisation undertaken for this report is Marks & Spencer,
which is a well known retailer in UK. It specialises in selling standard quality products such as
home, food and clothes as well as having headquarters is in London, United Kingdom. This
report covers, overview of organisation, functions and purpose of HRM, Its key roles and
responsibilities, strengths and weaknesses of several approaches to recruitment and selection,
effectualness and advantage of several HRM practices. Moreover, significance of staff relation
and key elements of employment legislation are explained. Apart from this, application of HRM
practices in a work related context with the help of certain example are also discussed in this
report.
TASK 1
(Covered in PPT)
1

2

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