HRM Analysis: Contemporary Issues, Kind Care Business Strategy

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Added on  2023/04/11

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This report analyzes contemporary issues in Human Resource Management (HRM), focusing on their impact on businesses, particularly Kind Care. It explores how technological advancements, such as changes in communication networks and remote work, affect HRM strategies. The report also examines the influence of legislation, including the Workers Safety Act, Minimum Wages Act, and Employees Insurance Act, on business operations and HRM compliance. Furthermore, it addresses the challenges of employee selection, hiring, and retention, highlighting the importance of finding the right candidates, meeting job criteria, and providing competitive wages and opportunities. The report emphasizes the need for HRM to adapt to these challenges by developing effective strategies for employee relations, technological integration, and compliance with legal requirements. The references include insights from Armstrong's handbook and Baumgartner and Ebner's work on corporate sustainability.
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HUMAN RESOURCE MANAGEMENT
ACTIVITY 2
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INTRODUCTION
There are a number of issues that can affect application
of strategy of human resources management. It is
always a challenge to maintain business according to
rapid changes. These changes include labour law,
developing relationships with employees, budgeting
and accessibility.
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4.1 CONTEMPORARY ISSUES
Changes in technology
Legislation
Selection and hiring
Employees retention
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Change in technology
The strategy of HR is highly affected by
technological advancement in business. The
technology changes includes following
points.
Changes in communication network
Changes in telework
Remote reporting relationships.
4.2 Analysis of contemporary issues
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CONTINUED...
These all factors can also affect business of Kind Care. HR strategy
should incudes mutual agreements between employees and
employers and allow advanced technology at there workplace.
Technology brings continuous changes in business world. Rapid
changes in technology in telecommunication and remote reporting
will impact HR as they can now hire employees who can work from
anywhere.
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LEGISLATIONS
The legislation factors includes different laws
and regulations that affects business of
organization.
Workers safety Act, 1974
Minimum wages, Act 1998
Employees insurance Act, 1969
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CONTINUED...
These are major factors that can affect organization. There are several types of laws that
implied on an organization. Company need to consider it carefully. The HR strategy
are highly affected by these factors in business. They need to compliance theses
laws carefully so they can serve their services without any problems. The insurance
Act 1969 is apply on company. Increases in rate of insurance premium can in affect
cost of Kind Consumer. HR need to consider these elements in its business strategy.
The minimum wages Act 1998 , according to it HR has to give minimum wages to
their employees and workers safety Act, 1974 has to follow to provide workplace
safety to employees.
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SELECTION AND HIRING
The main work of HR is selecting and hiring
right persons for the right job.
Find right candidates for job
Meet job criteria
Experience and employees skills
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CONTINUED...
The HR strategy is highly affected by how to find right person for the job. In small
business like Kind Consumer to find the right candidates for job is a challenge for
HR. Evaluation of different candidates for the job and then provide training to them
can add more cost for the company. Provide better wages and perks to employees
can also effects financial positions of company.
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EMPLOYEES RETENTION
It is important for organization to retain their
employees for long term purposes. These are
the issues which need to be considered for
employees retention
Better job opportunities
Pay structures of employees
Less growth for employees.
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CONTINUED....
The HR of kind consumer can be face these issues in their organizations. Retentions of
employees is challenges for management in small business. Workers of organization
left job to attain better job opportunities in other organizations. They face issues to
retain their employees in company for longer period. The strategy of HR should
focus on development of better employment relations with their workers.
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REFERENCES
Armstrong, M. and Taylor, S., 2014.
Armstrong's handbook of human
resource management practice.
Kogan Page Publishers.
Baumgartner, R. J. and Ebner, D.,
2010. Corporate sustainability
strategies: sustainability profiles and
maturity levels. Sustainable
Development. 18(2). pp.76-89.
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THANK YOU
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