HRM Report: Effectiveness of Practices in an Organization

Verified

Added on  2022/02/04

|14
|3658
|24
Report
AI Summary
This report provides a comprehensive overview of Human Resource Management (HRM) practices, with a specific focus on Wilko Retail Limited. It begins by defining the purpose and scope of HRM, including its role in resourcing an organization with talent and skills, as well as its functions in workforce planning and resourcing. The report then explores various recruitment and selection approaches, analyzing their strengths and weaknesses. It evaluates the effectiveness of key HRM elements within an organization, emphasizing the benefits of different HRM practices for both employers and employees. The report further examines the impact of HRM practices on organizational profit and productivity, including the influence of internal and external factors, such as employment legislation and employee relations, on HRM decision-making. The report concludes by illustrating the application of HRM practices in a work-related context, using specific examples to demonstrate the practical implications of the concepts discussed.
Document Page
Human Resource Management
Name of Student:
Student's ID:
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
Introduction......................................................................................................................................3
Explaination of the purpose and scope of Human Resource Management in terms of resourcing
an organization with talent and skills appropriate to fulfill business functions..............................4
Explanation of the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organization...........................................................................................................4
Explanation of the strengths and weaknesses of different approaches to recruitment and
selection.......................................................................................................................................6
Evaluation of the effectiveness of the key elements of human resource management in an
organization.....................................................................................................................................8
Explanation of the benefits of different HRM practices within an organisation for both the
employer and employee...............................................................................................................8
Effectiveness of Different HRM practices in Terms of Raising Organization Profit and
Productivity................................................................................................................................10
Analysis of internal and external factors that affect human resource management decision-
making, including employment legislation....................................................................................10
The importance of employee relations with respect to influencing HRM decision making...10
The key elements of employment legislation and the impact they have on HRM decision
making.......................................................................................................................................11
Application of Human resource management practices in a work-related context.......................12
Illustration of the application of HRM practices in a work-related context, using specific
examples....................................................................................................................................12
Conclusion.....................................................................................................................................14
Reference list.................................................................................................................................15
Document Page
Introduction
Human resource management is the system of hiring the best employees from thousands of
candidates for an organization. It trains the selected employees, compensates them by developing
policies related to them, and motivates them to gain faith to stay an extended period for the
organization. The principal purpose of HRM is to increase a firm's productivity by impacting the
hired employees' effectiveness. (Juul Andersen and Minbaeva, 2013). However, this prepared
assignment has depicted the practices of human resource management of Wilko Retail Limited.
This company's human resource management supports the employees with training, career
development, and real job satisfaction by facilitating policies for improving their employees'
skills. The ultimate aim of this company's human resource management is to increase the
organization's value by maximizing the importance of shares of the company. The working
employees positively impact the company's performance as human resource management makes
the employees capable of doing so.
Document Page
Explaination of the purpose and scope of Human Resource
Management in terms of resourcing an organization with talent and
skills appropriate to fulfill business functions.
Explanation of the purpose and the functions of HRM, applicable to
workforce planning and resourcing an organization.
Human resource management has the purpose of handling the various need of company
employees. It helps an organization by improving its efficiency. Besides Human resource
management make opportunity in the development of the skill and capacities of the organization
employees. (Felgate, 2020). Human resource management tries to help the employees make them
capable and skillful to contribute value to the organization. Human resource management
functions include recruitment, hiring, selecting training and development campaigns, and
managing the operation. The H.R. team also does other things to finish the mentioned functions
effectively.
Purpose of human resource management
Some specific actions must be followed by a human resource manager of Wilko Retail Limited
to conduct the company's purposes. The related purposes are given below:
The human resource management department is mainly formed for the recruitment of
company employees. This department ensures the best facilities for their employees to do
the given tasks and gain the organizational goals. It provides diversified training facilities
based on demand as the employees have to perform in changing environment. The pieces
of training make them so skillful that they hardly make mistakes in completing their
works. The organization's employees are the most crucial resource, and the H.R. team
should provide utmost care to them for achieving the organization's goals properly.
Otherwise, it may make a barrier to achieving the goals by hampering the company's
maximization of value. (Guest, 2017)
Some specific laws and guidelines should be maintained for the safety and fair treatment
of the employees. These laws exist for protecting the employees in a variety of areas.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Human resource management finds the difference between the laws and regulations and
its behavior toward their employees—for example, the Equal pay act of 1963.
Many employees work in different departments of the organization. Proper
communication between them is essential for completing the given task properly. Human
resource management tries to create an appropriate communication channel so that the
employees' communication barrier can be decreased quickly. Besides, creating an
environment where the employees are free to share their ideas is also very important.
Human resource management provides the utmost care and facility to improve the current
skills of the employees. The management knows if proper communication can be
established among employees, the problems related to them can be easily determined, and
the management can give feedbacks timely. The overall performance of the employees
achieves the acquisition of organizational goals. (Shuck et al., 2014)

The function of human resource management in Wilko Retail Limited
To gain the purposes, the human resource management of Wilko Retail Limited follows these
functions, which are mentioned below:
The management works to achieve the organizational goals, and they recruit the best
employees from thousands of applicants to gain these goals so that the organization can
achieve its ultimate goal.
Fair compensation is important for every employee of the organization. So, the
management provides reasonable compensation to stay a more extended period for the
organization.
Another vital function of the organization is to follow the rules and guidelines for
protecting the employees' rights to minimize any biased decision.
The management gives a chance to the employees so that they can share their opinions
and feedbacks. This makes the human resource motivated and skilled. (AIHR Digital,
2019).
Document Page
Explanation of the strengths and weaknesses of different approaches to
recruitment and selection.
The selection of the best employees from random candidates is not easy. Human resource
management has to follow different types of recruitment approaches to find suitable employees
for the organization. For example, advertisement, employee referrals, promotion of the best
employee, etc. However, these recruitment approaches have both strengths and weaknesses of
the management that are mentioned below:
Strengths and weaknesses of Promotions
Strengths are-
If the management of Wilko Retail Limited gives promotion to the skilled employees,
other employees also get motivated to increase their skills. Because they also want to get
promoted.
As the employees get promoted, they do their best to make the given work done
correctly. As a result, the best output comes from the employees.
Weaknesses are-
The older employees from Wilko do not like this approach because they can not get a
higher promotion.
The biased decision in promoting the employees may create a barrier in getting
promotion from talented employees.
Strengths and Weaknesses of Employee referrals
Strengths are-
The right employee gets the right job by employee referrals because the present employee
knows what skills and experience are needed.
The new employee's entire performance in the organization makes the present employees
liable as they refer them to the job. So the human resource management can ask the
current employees if any problems become visible from the new employees.
Document Page
Weaknesses are-
The unskilled person can get job in the organization as the current employees may refer
their near and known person.
If the management applies this approach, they can not get a diversified workforce in the
organization.
Strengths and Weaknesses of Direct Recruitment
Strengths are-
If the human resource management of Wilko Retail Limited applies the direct
recruitment approach, the diversified workforce can get a chance to enter this
organization.
The right job gets the right person by this approach.
Weaknesses are-
In this approach, the cost of the recruitment process is very high.
The management has to train the hired employees to be familiar with the organization
environment. Thus they waste a lot of time in training.
Strengths and Weaknesses of campus recruitment
Strengths are-
In this approach, a massive number of employees can be gathered in a short period. Thus,
the company has to give a little effort to do so.
This approach is technically advanced because employees don't need training that reduces
the cost of the recruitment.
Weaknesses are-
The hired employees are less experienced because they don't have practical
knowledge. So the management needs to give proper training facilities that increase
the cost.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
The shifting incident of the new employees can becomes visible. For that reason, the
cost of the recruitment process will lose its effectiveness.
Evaluation of the effectiveness of the key elements of human
resource management in an organization
Explanation of the benefits of different HRM practices within an organisation
for both the employer and employee.
There are many benefits to have a human resource department in an organization. Some benefits
are given below:
Development of Employee Performance: The development of employee performance is
essential for Wilko Retail Limited. The company's human resource management provides
adequate facilities and training to their employees to create value for the organization. They also
give updated information related to their works to cope with the changing environment. (Brad
Shuck, Rocco, and Albornoz, 2011)
Reduction of Employee Turnover: The human resource management of Wilko Retail Limited
provides extra care and adequate facilities to reduce employee turnover. The balance of
employee turnover is important because if the employee turnover is high, the recruitment
process's cost becomes high. Eventually, it brings disadvantages to the organization.
Conflict Management: If any conflict arises from the employees, the human resource
management of Wilko Retail Limited can solve the problems. For example, the company's H.R.
management measures compensation on an objective basis to reduce the conflict based on
payment.
Control Budget: The human resource management of the company controls the budget by
applying effective policies. The employees execute the given budget plans, and the company
provides the facilities to do their tasks properly.
Document Page
Building Relationships: Happy workforce can bring productive results to the organization. No
employee likes to work in a monotonous and unhealthy environment. Wilko Retail Limited
operates to create the right atmosphere in the organization to consider the workplace as their
second home. If the company can make this environment in the workplace, the workforce will be
happy, and the relationship between the employees and the organization will develop.
Health and Safety: Wilko Retain Limited plays a prominent role in the workforce's safety and
health. The management takes care of the organization's entire environment, and it tries to
maintain the workplace clean and tidy so that the employees don't suffer from any disease.
Retention: Retention means motivating the hired employees to stay in the organization for a
long time. Compensation plays a vital role in retention. If an organization's compensation
package is adequate for the hired employees, they feel motivated to stay in the organization. For
example, Wilko Retail Limited gives importance to retention. They provide a fair amount of
salary to their employees. Besides, they provide bonuses to the employees at festivals and special
occasions. They do these things because they want to gain their employee's trust and make them
stay in the organization for an extended period. (Wilko.jobs, 2020)
Dealing with laws affecting employment:
The human resource management of an organization must concern the laws and regulations
related to the workforce. These laws are; Discrimination laws, Labour laws, Worker safety laws
and minimum wage, etc. For example, the human resource team of Wilko Retail limited aware of
these rules and laws. They try to protect their employees by applying these rules and regulations
that affect them. They give minimum wage to their employees by the minimum wage regulations
in the U.K. Moreover, they don't provide unequal decisions in any matter of their employee
because they know the discrimination can not bring a good result for the organization.
Effectiveness of Different HRM practices in Terms of Raising Organization
Profit and Productivity
Some benefits of different human resource management practices in terms of raising
organization profit and productivity are given below-
Document Page
Wilko Retail provides different training facilities to their employees to bring a sound
output to the organization. For example, Wilko presents the current ongoing problems to
their employees in the training sessions to learn to detect the problem and solve it
quickly.
Wilko offers suitable compensation plans to their employees to retain them for a more
extended period. By doing so, the management reduces the recruitment cost also.
In Wilko, the H.R. management designs their communication channel to interact with
each other and share their ideas and solution in case of any problems.
The payment package is updated from time to time by the H.R. management of Wilko.
The employees get motivated to work hard and try to bring benefits to the company.
Analysis of internal and external factors that affect human resource
management decision-making, including employment legislation.
The importance of employee relations with respect to influencing HRM
decision making
The employees of Wilko Retail Limited manage and execute the plans. So the relation between
the employees and the management is crucial for the proper execution of the projects. The
decisions become successful when the human resource management gives an appropriate
interaction with the employees. So a suitable environment and good communication are essential
for the better execution of the decisions. The employees get motivated when they understand that
they are considered in the decision-making process. Eventually, they give their best for the
betterment of the organization. The understanding and trust between the management and the
employees can bring a proper balance in the employee relation. (Sowa, 2020) Thus, the
management should work on building trust and understanding with them. When a good
employee relationship exists in the organization, the human resource management can quickly
implement their policies. Wilko Retail Limited makes effective policies to be in a good position
in the market with the other competitive firms by giving importance to the human resources. The
management of employee relations has a lot of complicated issues. The human resource
management of Wilko works on fixing these problems to create a working environment in the
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
organization. These issues arise because the hired employees come from different places and
cultures, and the communication conflicts create a gap among the employees. If the human
resource management of Wilko can improve the employee relation, the entire performance of the
organization moves in a good position. (Mathis et al., 2017)
The key elements of employment legislation and the impact they have on
HRM decision making
Some laws and regulations exist to help the employees be a segment of any firm where they can
bring advantages by providing their inputs. These laws and regulations support the company to
reduce discrimination in hiring employees for the job. Wilko Retail Limited maintains some of
these laws and rules in creating their H.R. policies. These are mentioned below:
Employment Act 2008
Equal Pay Act 1963
Data Protection Act 1998
Sex Discrimination Act 1995
Employee Relation Act 2004
Privacy Act 1974
Race Relation Act 1992
Disability Discrimination Act 2000
Uniform Guidelines for Employee Selection Procedures 1978 etc.
Wilko follows these mentioned laws and regulations to make organizational decisions belonging
to H.R. Policies. The U.K. government has emphasized taking employees from underdeveloped
areas by making some particular rules and acts. For example, Wilko recruits their employees
from underdeveloped areas by following these specific rules given by the U.K. government.
Document Page
Application of Human resource management practices in a work-
related context
Illustration of the application of HRM practices in a work-related context,
using specific examples.
Human resource management applies its practices in every part of Wilko Retail Limited. Now
the H.R. policies adopt the technologies for the application. These applications are shown below:
Mobile Recruitment: Mobile recruitment is a system of using mobile technology to attract,
engage applicants. Some mobile recruitment tactics are followed, including mobile career sites,
mobile recruiting app, mobile recruiting by text, etc. Under this system, the applicants can easily
attract to the organization. Wilko uses mobile career sites to attract applicants. Besides, they also
use mobile recruitment by text for easy interaction with the desired candidates. Moreover, Wilko
provides a flexible working period for the employees to choose the right working hours and do
their tasks effectively. The employees' loyalty increases because of these HRM practices of
Wilko Retail Limited.
Tracking System of the applicant: The human resource management of Wilko can track the
candidates by using this system. It has the advantage of scanning the desired resumes from
thousands of resumes. It enables the electronic handling of recruitment. Besides, this system is
advantageous in data mining and collection. Wilko has to make a little effort to select the desired
employees from thousands of resumes by practicing this system.
Social Media Recruitment: Nowadays social media recruitment system is widespread in the
recruitment systems, and Wilko Retail Company uses it to select its employees from the
applicants. In this technological era, candidates use a digital device, and they have social media
accounts also. Wilko uses Facebook profiles and Linkedin of the applicants to grab the desired
information regarding their recruitment. Moreover, the H.R. management of Wilko takes
interviews by video call that reduces the cost of the entire recruitment process.
Versatile Recruiting: This system helps the HRM of Wilko Retail Limited to investigate huge
applicants to a large extent more effectively. For example, Wilko uses this system in preparing a
versatile neighborly employment process that improves the company's deposited time.
chevron_up_icon
1 out of 14
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]