Human Resource Management Report: Performance, Motivation and Planning

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Added on  2023/03/29

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This report provides an overview of Human Resource Management (HRM), specifically addressing performance measurement and employee motivation within a business context. The report explores how employee performance is measured, referencing examples like performance indicators and goal setting. It also touches on the importance of HRM, outlining the factors influencing human resource planning and methods to motivate employees. The report concludes by summarizing the key concepts discussed, highlighting the significance of HRM practices for organizational success. The assignment is based on the BTEC Level 3 Diploma in Business curriculum.
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Human resource
management
P5
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Covered content
Introduction
Employees performance can be measured
Conclusion
References
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Introduction
Human resource plays essential part in organisation, without
them firm could not exist and to operate day to day operations
HR is required, without them it is impossible. It is important to
perform well in market which will help them in staying for
long period of time.
Human resource plays essential part in organisation, without
them firm could not exist and to operate day to day operations
HR is required, without them it is impossible. It is important to
perform well in market which will help them in staying for
long period of time.
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Employees performance can be measured
There are many ways at which Morrison measures the
performance of employees, such as performance indicators.
This type of measurement is specifically dedicated to how an
employee is working and their current accomplishment. For
example the sales team within Morrison will have
performance indicators with regards to their sales.
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Continued..
Goal theory is another performance measurement that Morrison
uses. This method is used between managers and employees and
is the process of setting achievable goals. These goals may be felt
to be important for progression by both manager and employee.
Bench marking is a final performance indicator that will be
discussed within this assignment. This method is used to measure
the overall performance of a business by comparing it to their
rivals.
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Conclusion
From the above presentation, it can be concluded that there are various
factors which influence human resource planning like budget,
organisation structure, political etc. There are various ways by which
employees can be motivates such as by giving them performance
related pay, pension scheme etc.
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References
CHUANG, C.H. and Liao, H.U.I., 2010. Strategic human
resource management in service context: Taking care of business
by taking care of employees and customers.Personnel
psychology. 63(1). pp.153-196.
Crook, T.R and et. al., 2011. Does human capital matter? A meta-
analysis of the relationship between human capital and firm
performance.
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Thank you
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