Human Resource Management Report: Tesco's HRM Strategies

This report delves into the Human Resource Management (HRM) practices of Tesco, a leading multinational retailer. It begins by examining workforce planning, the functions of HRM, and different recruitment and selection approaches, including competency and contingency-based methods, along with their strengths and weaknesses. The report then explores various HRM practices at Tesco, such as performance management, training and development, and reward systems, highlighting their benefits for both the company and its employees. It further assesses the effectiveness of these practices in increasing Tesco's profits and output. The report also emphasizes the significance of employee relations and employment legislation in HRM decision-making, discussing strategies for enhancing employee engagement and the impact of internal and external factors. Overall, the report provides a comprehensive analysis of Tesco's HRM strategies and their impact on the organization.