This report delves into the Human Resource Management (HRM) practices of HSBC, a global financial institution. It explores the core purpose and responsibilities of the HR department, including recruitment and selection, training and development, compensation management, employee relations, and performance appraisal. The report assesses various workforce planning approaches, such as workforce, workload, and competency approaches, and evaluates different methods used in recruitment, selection, training, performance management, and reward systems. Furthermore, it examines the role of technology, digital platforms, and social networking in improving recruitment and selection processes. The report also covers key aspects of employment legislation and its impact on decision-making, emphasizing the significance of HR in achieving business objectives and fostering positive employee relations within HSBC.
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