Benefits of HRM Practices for Employees and Employers at Tesco

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Added on  2021/02/22

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This report examines Human Resource Management (HRM) practices at Tesco, focusing on the benefits for both employees and the employer. It explores key HRM practices such as training and development, and recruitment and selection, and analyzes their impact on organizational productivity and profit. The report highlights the advantages of these practices for employees, including improved skills and knowledge, as well as for employers, such as a more effective workforce. Furthermore, it discusses how these practices contribute to increased organizational profits and productivity by fostering a skilled and confident workforce. The analysis includes a review of relevant literature and demonstrates the importance of effective HRM strategies in the competitive business environment, using Tesco as a case study.
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Human Resource
Management
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Contents
P3 Benefits of several HRM practices for
employee and employer within the organization.
.......................................................................................................3
P4 Measure the effectiveness of various HRM
practices in terms of increasing organizational
productivity and profit...................................................................5
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P3 Benefits of several HRM practices for
employee and employer within the
organization.
There are different kind of HRM practices
which are practiced to make effective organization
within the working place. These practices mainly
involved in training and development, recruiting
and selection, fair evaluation as well as work life
balance. In reference to Tesco they are generally
focused on training and development or recruitment
and selection process for making their process
effective in front of others. Few practices are
briefly discussed below:
Training and Development: Training is the
process of every organization which improves the
effectiveness of company, team and individuals as
well. Wherein, development is related with the
activity of long term goals of employees.
According to Tesco it is much effective process
who build the employee's confidence in an
attractive way. Benefits of employee and employers
are listed below:
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Employee Employer
With the help of this they
can improves their
knowledge and skills to
face any issues in the
company that can
beneficial for
employee's.
On the basis of this they
get effective ideas,
information and
strategies from their
higher authorities to
handle tough situation
within the company.
Recruitment and Selection: These are similar
terms which always refers to the process of
selecting, recruiting and hiring people for the
specific job role that's why HR manager of Tesco
recruit and select people with effective and hire
skills.
Employee Employer
According to this benefit,
they can get effective
salary package by having
good knowledge skills.
They can play effective
role by having good team
members and achieve
their goals using latest
techniques within the
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company.
P4 Measure the effectiveness of various
HRM practices in terms of increasing
organizational productivity and profit.
The effectiveness of different HRM
practices in order to enhance the profit and
productivity of Tesco, mentioned below:
Increasing organizational profits:
As Tesco applied several kinds of HRM
practices in order to select skilled and
knowledgeable applicants for their organization so
that they can easily increase their profits of an
organization. Employees of his organization always
works hard to gain better image within the
competitive business world. On the behalf of this,
HR manager can take proper decision for making
this organization attractive in front of others. In
order to improve more situation of this company
manager conduct several type of programs so that
employees can maximize their confidence towards
the work. Therefore, it is successful in order to
enhance the profits of this selected organization.
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Increasing organizational productivity:
Training and development or recruiting and
selection process are very good aspects for Tesco,
by using these approaches or practices company is
able to achieve their goals and objectives in a
proper way. With the help of both terms applicant
can increase their skills and hired for high payment
so that it increases their confidence and they work
accordingly. Along with this, it helps a lot to
companies to enhance their brand image within the
marketplace of UK. This concept always maintains
the firm's operation and functions in order to run
business smoothly.
Therefore, this can be said that both HRM
practices are very useful for Tesco in order to
enhance their productivity and profits within the
marketplace. That's why it helps to solve the issues
and conflicts within the company which develop
good culture in the working environment.
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REFERENCES
Books and Journal
ALDamoe, F. M. A., Yazam, M. and Ahmid, K. B.,
2012. The mediating effect of HRM
outcomes (employee retention) on the
relationship between HRM practices and
organizational performance. International
Journal of Human Resource Studies. 2(1).
p. 75.
Bučiūnienė, I. and Kazlauskaitė, R., 2012. The
linkage between HRM, CSR and
performance outcomes. Baltic Journal of
Management. 7(1). pp. 5-24.
Chelladurai, P. and Kerwin, S., 2017. Human
resource management in sport and
recreation. Human Kinetics.
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