Human Resource Management Report: TK-MAXX HRM Strategies and Analysis

This report provides an in-depth analysis of Human Resource Management (HRM) practices at TK-MAXX, a subsidiary of an American apparel and house goods firm. The report begins with an introduction to HRM, emphasizing its role in achieving company objectives through effective workforce management. It explores the purpose and functions of HRM, highlighting its significance in recruitment, selection, training, and employee relations. The report then delves into the strengths and weaknesses of internal and external recruitment approaches and different selection methods. Furthermore, it examines the benefits of various HRM practices for both employers and employees, including their impact on organizational profit and productivity. Finally, the report underscores the importance of employee relations in influencing HRM decision-making, emphasizing the need for effective communication and a positive work environment to enhance overall performance and achieve business goals.

Human Resource Management

INTRODUCTION
Workers are main assets for every company as they contribute in attaining company goals
and objectives. In this manager play crucial role in managing employees responsibilities at
workplace. In addition of this, human resource management refer to the managing workforce for
attaining predetermined goals and objectives. In this context, there are main areas here manager
perform their duties like staffing, compensation, training and development and many more
(Human Resource Management, 2018). In addition of this, the primary aim of HRM is to
enhance the productivity level by utilising available resources at workplace. For attaining
success, manager have to focus on developing, retaining and aligning workers at workplace
through which company attaining entire task in most effectual manner. This will contribute in
establishing positive brand image at market place. Present report is based on TK-MAXX, is a
subsidiary of the American apparel and house good firm. This report will discussed the purpose
and function of HRM as it helps in attaining positive outcomes. Strength and weakness of
various methods of recruitment and selection. Along with this, employment relation elements
and its importance is also also mentioned in this report. At the last, application of HRM practice
will discussed here to improve performance of the company.
TASK 1
P1 Purpose and the functions of HRM
HRM is an crucial activity through which manager recruit and manage entire activities of
the business and workforce as well. In this manager hire and select right person on the right job
as it helps in improving the performance level at workplace. Mainly, the major purpose of HR
manager is to fill the vacant place by recruiting skilled and capable workers so that they
effectively perform their duties for attaining set goals and objectives. As human resource
department also play vital role in managing workers activities in systematic manner. In this they
recruit, select, develop, training all the employees to enhance their skills and knowledge towards
company goals and target. With the help of this company easily attain predetermined result. One
of the main aim and purpose of HRM is to enhance workers productivity level so that they easily
adopt any kind of situation and also find better solution to accomplish company target
(Arrowsmith and Parker, 2013). In context of TK-MAXX, it is also vital for company director to
include capable workforce as they can easily achieve competitive edge and growth level as well.
Purpose of Human Resource Management
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As per current scenario, an effective and successful HRM develop a strong relation
between line manager and workforce. In this the main aim of HRM is to enhance productivity
and profitability level of the company by selecting, recruiting and staffing talented people within
the company (Baluch, Salge and Piening, 2013). Along with this, HR management also create
policies and procedures which shape a company. It contribute in accomplishing positive brand
image of the company at market place. As there are some main purpose of HRM in TK-MAXX
may contribute in getting set goals and objectives. Management of people: Mainly, HRM is refer to managing workers in systematic
manner for establishing better coordination among all the employees. This will leads in
enhancing the profitability and productivity level as well. As TK-MAXX having positive
image in market place so that they have to manage their people at workplace effectively
so that they can attain better results in appropriate manner. Employee relation: HR management is responsible for building good relation with
employer and employee so that both are easily improve overall performance level and
also maintain better coordination among them. This will reduce the chances of arising
any issues and obstacle at workplace.
 Laws: Under this, for establishing positive work environment at workplace, it is
important for HR management is responsible for following legal structure as it includes
union, employment legislation, labour relations and many more. All these are directly
affect the decision making process of the company. Along with this, TK-MAXX, is also
consider entire laws at the time of recruiting selecting and managing people at workplace.
With the help of this they easily maintain better work environment within organization.
Functions of HRM
Human resource management is totally based on increasing workers performance by
developing their skills and knowledge at workplace. In this HRM is concerned with workers
management through recruitment to retirement (Caligiuri, 2014). In this context, there are some
main function of HRM which contribute in developing positive performance of the company are
as follows: Recruitment and selection: One of the main purpose of HRM is to recruit and select
capable candidate for fill vacant place within the organization. This will contribute in
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reducing the cost of unnecessary mistakes (Collins, Zhu and Warner, 2012). By
recruiting talented workers TK-MAXX easily attain set target in appropriate time frame. Orientation: For enhancing productivity level of new workers, it is important for
manager to orient new workers as they easily understand about company goals and
objectives. By this this they put best efforts to attain long term and short term goals in
appropriate time frame. Managing employee relations: Worker are main pillar of each and every company as it is
important for manager to make good relation with them. In this, management of company
have to organize activities to understand employees needs at workplace which may helps
in maintaining balance between employee and employer relation.
 Controlling: For having an effective growth it is essential that they have a proper control
over resources this will enable them in manufacturing excellent products with limited
sources. This will help company in taking right actions as needed according to the current
market situations.
P2 Strength and weaknesses of different approaches to recruitment and selection
Recruitment is important process through which manager attract, select and short-listing
the right person for right place to fill vacant place at workplace. With the help of this company
includes skilled and talented workforce so that they effectively execute their activities for
attaining competitive advantage at market place. In this context, there are two type of approaches
which used by TK-MAXX to hire capable candidates:
Internal approach of recruitment: This approach used by company when internal workers are
getting chance to attain higher position at workplace which known as internal approach of
recruitment. Under this, manager should analyse workers abilities and skills of workers to take
right decision of recruitment (Conesa-Zamora, and et. al., 2011). Along with this, the main
feature of this approach is fast decision which may helps in filling the higher position from
current workers. Strength: The main strength of this approach is that it save time and cost. Along with
this, existing employees are motivate by getting promotion which may helps in
improving their performance level (Pereira and Anderson, 2012). Mainly, it create
positive work environment within the organization which boost up workers morale. As it
save training cost.
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 Weaknesses: The main drawback of this method is that it fails in bringing innovation
within the workplace. Along with this, workers are also demotivated who fails in getting
promotion. Which negatively hamper on their productivity as well.
External approach of recruitment: In this method, company attract as well as invite new
candidates to fill the vacant place. This method is more effective from internal methods because
it bring innovation within the organization. Strengths: One of the main strength of this method is that it bring innovation within the
organization which helps in increasing the chances of attaining higher success at market
place. It also helps in creativity which may leads in improving performance of level of
the company.
 Weaknesses: As this approach is time and cost consuming because in this workers have
to understand the work and company culture which negatively affect on the productivity
level. Along with this it also reduce the existing workers morale.
Selection
This process is important which start after completing the recruitment procedures. Under
this, manager of the company take final decision for selecting right candidate for their specific
job place. In this context, main approaches of selection are as follows: Systematic: Under this, manager follow step by step to taking final decision for select
right candidates. Along with this, manager also examine candidates skills and abilities to
hire best one. In addition of this, this is popular method of selection which helps in
attaining desirable results.
 Unsystematic: This approach of selection is also effective which is based on random. In
this manager select CV from all and also compare candidates skills and qualities as per
requirements (Vo and Stanton, 2011). If individuals pass this step then they get selected
for specific job place.
TASK 2
P3 Benefits of different HRM practices within an organization for both the employer and
employee
HRM practices are important in developing and enhancing the productivity level of
workers at workplace (Wagner, 2011). As it also helpful for employees and employer at
workplace which directly contribute in attaining desirable results.
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Benefits for employer: Support manager in decision making: HRM practices also provide support to manager
to ensure that what is going on organizational department. As company easily take right
decision and also accomplish positive performance level of the company.
 Help in creating positive work environment: Under this, manager offer various growth
opportunities to workers for creating positive work environment which may helps in
attaining profitability level and also generate market share.
Benefits for employees: Motivate subordinate to perform well: HRM practices create positive work environment
at workplace. Along with this, they also provide fair wages to its customers in order to
encourage them towards the work as they effectively attain set goals and objectives.
 Provide better training: HRM practices helps in conducting training and development to
employees so that workers effectively execute their duties and attain positive outcomes.
Therefore, manager determine the gab between current and actual skills to provide better
training programs.
P4 Effectiveness of different HRM practice in term of raising organizational profit and
productivity
HRM practices are consider as an important policies and procedures which have to
follow by the company to manage their business activities in effective manner. By this company
easily attain set targets (Wheeler, Halbesleben and Harris, 2012). In context of TK-MAXX, they
also consider which may leads in increasing profitability level at market place. Set direction to perform work: Under this, it is main duty of manager to give better
direction and so that they perform their activities accordingly. This will leads in
establishing set targets. In context of TK-MAXX, they easily increase their profitability
level at market place. Innovative staff: As TK-MAXX, include innovative staff as they easily perform task and
activities within given time period. Along with this, leader and manager focus on
evaluating new and innovative ways to set positive work environment at workplace
which may leads in attaining predetermined goals and objectives (Zhao and et. al., 2011).
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 Effective communication: It is also an effective HRM practice which define various
ways to communicate with their workers as they easily pass relevant data to the workers
in order to attain positive outcomes. Update skills of workers: HRM practices are always support workers by providing
training and development programs in which they increase their skills and knowledge. In
this context TK-MAXX, manager focus on workers skills and abilities in which they
provide training and development programs in order to attain competitive edge.
 Manage workers performance: Under this, it is important for manager to set their
workers as they provide extra benefits to their employees so that they effectively perform
their task which purpose of attaining desirable goals and objectives.
TASK 3
P5 Importance of employee relations in respect to influencing HRM decision making
Workers are the important for for business organization as they contribute in attaining set
goals and objectives in most effective manner. In this, manager also play important role in
managing people at workplace this will helps in building positive relation with them. Along with
this, manager also communicate with their workers to take their views and opinion to provide
them better services for improving their performance level at workplace. In addition of this, they
also motivate their workers by focusing on them which may leads in competing the task in
appropriate manner. Sharing work: For managing as well as developing better relation with workers, manager
set task and complete it by sharing among all the employees (Knowles, Holton III and
Swanson, 2014). As they easily improve their bonding and also share ideas to execute
entire task in effective manner. Resolve issues: It also a effective element by which manager reduce the chances of
arising issues among them. In this manager communicate with workers at workplace for
understanding their views and issues. With the help of this, company easily attain set
goals and objectives. Employees loyalty: Manager have to provide better services to workers by using HRM
practices as it helps in increasing loyalty towards the company goals and objectives
(Collins, Zhu and Warner, 2012). For attaining the same, manager should create positive
and healthy work environment.
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 Maintain equality at workplace: It is one of the important elements for TK-MAXX, to
use effective method to communicate with workers as they enhance the chances of
improving the positive work environment. One of the main advantage of maintaining
better relation with workers to reduce the chances of arising any kind of issues which
helps in attaining predetermined targets.
Thus, all these are important which helps in improving the performance level at
workplace which contribute in maintaining positive relation with workers at workplace. This will
enhance profitability level at market place.
P6 Key elements of employment legislation and the impact it has upon HRM decision making
For establishing positive work environment, number of employment legislation which set
by legal authorities. As it is important for TK-MAXX to follow all the legislation which helps in
making better brand image at market place. Along with this, as a famous organization there are
various complexity hat occur at workplace which negatively affect the overall performance level
of the company (Marchington and et. al. 2016). In this, manager have to require to implement
hierarchy system within their business in which they easily pass all the relevant information to
workers. Under this, TK-MAXX use various key legislation which helps in making healthy
environment within the company. All these can be understood by following points: Equal wage act: For reducing the chances of arising any kind, manager provide equal
salary and wages to same working employees. By this company cannot do discriminate
with workers as per caste, colour, gender and many more. This will helps in enhancing
profitability level. Minimum payment act: It is related with minimum wages which is set by the legal
authority. As TK-MAXX, provide equal wages to workers as per their performance level.
With the help of this, company maintain positive work environment at workplace. Employees right act: This act is refer to workers rights at workplace. In context of TK-
MAXX, manager pay attention to employees by protecting their rights at workplace
which may enhance their productivity level.
 Workmen's compensations act: Under this legislation, it is important for company to
provide fair compensation to entire workers by proving them safety related services
(Caligiuri, 2014). By this employees easily perform their task and attain positive
outcomes.
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TASK 4
P7 Application of HRM practices in a work- related context
Every business organization having various function and activities which are set by HR
department as they easily manage entire work at workplace. In context of TK-MAXX, they also
perform business activities for attaining profitability level at market place. Along with this, there
are some HRM practices are as follows:
Job analysis: It is refer to specific job vacancy within the organization which determine by
manager in appropriate way:
Job description
Company name
TK-MAXX
Job profile
HR manager
Location
UK
Roles and Responsibilities
 Set and formulate HR policies and strategies.
 Management of workers.
 Conduct recruitment and selection.
 Provide training and development programs to new workers.
Required Qualification
 Masters in business administration
Experience
 At least 2 to 4 years in management
Salary payment
 9 to 11 lac per annum
Curriculum Vitae (CV)
Name:
Address:
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Contact number:
Qualification:
 Masters in business administration
 Bachelor
Experience:
 2 to 3 years experience in management
Personal skills:
 Good leadership skills
 Problem solving skills
 Communication skills
Recruitment and selection process: Under this manager conduct information and data
towards candidates to select best candidates for fill the vacant place. Along with this, various
techniques also used by manager like interviews, group discussion and examination and many
more.
Documentation: Under this, TK-MAXX, manager collect documents for candidates who
are interesting for applying in company.
CONCLUSION
From the above mentioned report, it has been summarised that human resource
management play vital role in managing workers activities at workplace as they easily attain
specific goals and objectives. Along with this, manager also main part of company in which they
set targets and also set workers accordingly. This will contribute in improving the performance
of the company at market place. In addition of this, HRM practices consider various function
such as planning, staffing, training, recruiting and many more which may leads in attaining set
targets in efficient time frame. In context of TK- MAX, manager use appropriate HRM practices
to established healthy and positive work environment at workplace as workers easily perform
their duties.
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