Human Resource Management Report: Tesco and Iceland Comparison

This report delves into the core aspects of Human Resource Management (HRM), analyzing key processes within organizations. Task 1 differentiates between personnel management and HRM. Task 2 focuses on human resource planning, outlining reasons for it and the stages involved. It includes a comparative analysis of recruitment and selection processes between Tesco and Iceland. Task 3 explores motivational theories, particularly Maslow's hierarchy, and assesses the link between motivational theories and reward systems, evaluating job evaluation and the effectiveness of reward systems. It also examines methods for monitoring employee performance. Task 4 addresses the reasons for and procedures related to the cessation of employment, and the impact of legal and regulatory frameworks on this process. The report aims to show the significance of HRM in any organization.

HUMAN RESOURCE
MANAGEMENT
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Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
TASK 1 (COVERED IN PPT)........................................................................................................3
1.1 Difference between personnel management and human resource management...................3
TASK 2..........................................................................................................................................11
2.1 Reasons for Human Resource Planning..............................................................................11
2.2 Stages Involved in Planning Human Resource Requirements............................................12
2.3 Comparison Between two organisations for Recruitment and Selection Process...............13
2.4 Evaluation of recruitment and selection techniques between two organisations:...............15
TASK 3..........................................................................................................................................16
3.1 Assessing the link between motivational theory and reward...............................................16
3.2 Evaluation of the process of job evaluation and other factors determining pay..................17
3.3 Assessing the effectiveness of reward system in different contexts....................................18
3.4 Examination of methods which are used by the organisation to monitor the performance of
employees..................................................................................................................................19
TASK 4..........................................................................................................................................20
4.1 Reasons for Cessation of Employment with the Organisation:...........................................20
4.2 Exit procedures for Employment:........................................................................................20
4.3 Impact on Employment Cessation of Legal and Regulatory Framework:..........................21
CONCLUSION..............................................................................................................................22
REFERENCES..............................................................................................................................23
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INTRODUCTION
In any organisation, its survival & growth or failure is wholly dependent on its human
resource management. Human resource management (HRM) plays a very vital role in an
organisation. It includes management of personnel of an organisation in efficient & effective
manner. It helps companies to allocate right workforce at right position and direction like Tesco
enterprise. Tesco is a British multinational retailer which is dealing in various areas like cloths,
electronics etc. It also covers the functions of human resource management in achieving overall
organisational objectives. This assignment is divided in tasks. The first task is about difference
between personal management and human resource management, second one is about
recruitment of employees. Third one is given information for motivating employees by giving
rewards while the last is related to the cessation of employees. The main objective is to show the
significance of HRM in any organisation (Albrech, 2011).
TASK 1 (COVERED IN PPT)
1.1 Difference between personnel management and human resource management
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TASK 2
2.1 Reasons for Human Resource Planning
In Tesco and other enterprises, for understanding reasons for planning the human
resources, firstly meaning of human resource planning should be understood which is:
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Human Resource is used to describe both the workers who worked for organisation and the
departments which are responsible for managing workers related resources. It includes the
process of hiring employees and developing them so that they become more precise for the
organisation. Reasons for Human Resource Planning: These are as follows: -
 Increased Volume of Business: For increasing or diversification of business, there should
be a proper guide to the employees according to the conditions of the industry and
customer habits. For this, a proper planning should be there for guidance of the
employees. A company can only survive in long run and can only increase its business
volume by planning its human resources in better way.
 Employee Turnover: In all organisations, there is always a labour turnover and this
cannot be eliminated entirely. If organisation is able to forecast the rate of labour
turnover, then accordingly it can recruit new persons and provide training to them so that
work does not suffer (Flamholtz, 2012).
 Labour Cost Control: In an organisation, measuring a labour related cost is necessary to
evaluate the success of business and benefits which are derive from labour workforce. If
human resource (HR) related cost increases as compared to HR effectiveness then, it’s a
time to finding the loophole (weakness) in the workforce and accordingly, plan the work
to increase effectiveness and efficiency of employees.
 Changes to Required Skills Set: for growth of an organisation, there should be a need of
requisite skills in the employees. Planning of HR is to be done to finding the required
skills and capabilities that should be necessary and thereafter, implement training & other
programmes to make employees proficient in these skills.
2.2 Stages Involved in Planning Human Resource Requirements
In Tesco, Human resource planning is a process through which the right candidate is
choose for right job. Stages involved are as follows: -
 Time Horizon: It is the first stage in which, organisation should decide the required time
zone for which HR planning is required such short term, medium term or long term.
Therefore, accordingly, the related aspect can be evaluated for required time zone.
 Organisational Objectives: In planning the HR resource, emphasis should be given to the
objectives of organisation, so that, these can be achieved in desire manner in various
fields such as production, marketing, finance, expansion and sales.
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