Unit 3: Human Resource Management Report for FPT Company Analysis

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This report provides a comprehensive analysis of the Human Resource Management (HRM) practices at FPT, a prominent technology company. It begins with an overview of FPT's vision, mission, and objectives, followed by an examination of the function, roles, and responsibilities of the HRM department. The report delves into specific HRM functions such as recruitment and selection, training and development, performance management, and reward systems, detailing FPT's approaches and strategies in each area. It explores both internal and external recruitment methods, evaluating their strengths and weaknesses within the context of FPT. Furthermore, the report discusses the benefits of various HRM practices, their effectiveness in enhancing organizational profit and productivity, and their application within the organizational context. Recommendations are provided for improvements in recruitment and selection, along with suggestions for adapting HRM practices to other companies. The report concludes with a summary of key findings and insights into the overall effectiveness of FPT's HRM strategies.
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ASSIGNMENT 1 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 3: Human resource management
Submission date 10/12/2019 Date Received 1st
submission
Re-submission Date Date Received 2nd
submission
Group number: Student names & codes Final scores Signatures
1. Nguyen Xuan Duc Hieu HIEU
2. Nguyen Tu Trinh TRINH
3. Le Trung Thien THIEN
4. Tran Gia Long LONG
5. Nguyen Trung Kien KIEN
Class Assessor name Mr. Nguyen Minh Hai
Student declaration
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I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that making a false
declaration is a form of malpractice.
P1 P2 P3 P4 M1 M2 M3 D1 D2
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Student 1
Description of activity undertaken
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature:
Date:
Assessor
signature:
Date:
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Assessor
name:
Student 2
Description of activity undertaken
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature:
Date:
Assessor
signature:
Date:
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Assessor
name:
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Student 3
Description of activity undertaken
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature:
Date:
Assessor
signature:
Date:
Assessor
name:
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Student 4
Description of activity undertaken
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature:
Date:
Assessor
signature:
Date:
Assessor
name:
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Summative Feedback: Resubmission Feedback:
Grade: Assessor Signature: Date:
Internal Verifier’s Comments:
Signature & Date:
Table of Contents
Introduction .....................................................................................................................................
1
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I. About FPT ................................................................................................................................
1
1. Vision of FPT: ........................................................................................................................
1
2. Mission: ................................................................................................................................
1
3. Objectives: ............................................................................................................................
2
II. Function and the key roles and responsibilities of the Human Resource function ................
3
1. Function of Human Resource Management ........................................................................
3
2. The role of Human Resource Management in Organizations ..............................................
5
III. Function of FHR (FPT Human Resource) .................................................................................
6
1. Recruitment and selection ...................................................................................................
6
2. Training and development ...................................................................................................
8
3. Performance management ..................................................................................................
9
4. Reward systems of FPT.......................................................................................................
10
5. Regulation and rules of FPT ................................................................................................
11
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IV. Approaches to recruitment and selection ............................................................................
11
1. Explanation of strengths and weaknesses of different approaches to recruitment and
selection ....................................................................................................................................
11 a. Recruitment ....................................................................................................................
11
b. Selection ...................................................................................................................
... 12
2. Evaluate the strengths and weaknesses of different approaches to recruitment and
selection. ...................................................................................................................................
12 a. Internal Recruitment ......................................................................................................
12
b. External
Recruitment .................................................................................................. 13
3. Critically evaluate the strengths and weaknesses of different approaches to recruitment
and selection in HRM of FPT .....................................................................................................
13 4. Recommendation for FPT’s Recruitment and Selection ....................................................
15
V. Functions of HRM ..................................................................................................................
16
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1. HRM functions: ...................................................................................................................
16 a. Operative
functions: ....................................................................................................... 16
b. Managerial
functions: ................................................................................................. 17
c. Advisory
functions: ......................................................................................................... 18 2. In
the case of FPT HRM: .....................................................................................................
19
VI. FPT HRM practices: ...............................................................................................................
20
1. The benefits of different HRM practices within an organization. ......................................
20
2. The effectiveness of different HRM practices in terms of raising organizational profit and
productivity. ..............................................................................................................................
21
3. HRM practices and application within an organizational context: ....................................
23
a. Salary, rewards and
benefits: ......................................................................................... 23
b. Learning and
development: ........................................................................................ 24
c. Working
environment: ................................................................................................... 24 4.
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Recommendation .............................................................................................................
.. 24 a. The change of company when applying HRM
practices. ............................................... 24
b. Recommendation for another
company. ................................................................... 25
Conclusion: ....................................................................................................................................
25
Reference: .....................................................................................................................................
27
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