Comprehensive Report on Human Resource Management in the Retail Sector
VerifiedAdded on 2020/07/22
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Report
AI Summary
This report provides a detailed analysis of human resource management (HRM) practices at TESCO, a major UK-based retail chain with a global presence. The study begins by exploring the various HRM strategies employed by TESCO, including the utilization of Atkinson's firm model to enhance flexibility. It then delves into the responsibilities and dedication of HRM within the company, highlighting their role in recruitment, training, and employee satisfaction. The report further examines recruitment and selection issues in both Australia and China, comparing cultural and educational differences that impact the hiring process. Employee retention strategies, such as valuing employees, fostering involvement, and promoting challenges, are also discussed. The report includes a sample job description and evaluates performance review methods, such as Management by Objective and 360-degree feedback, justifying their advantages and disadvantages. The conclusion summarizes the key findings, emphasizing the impact of cultural and educational systems on recruitment and the importance of effective HRM policies.