Unit 03 Human Resource Management (GC0587)
Table of Contents
Introduction.
Task 1.
P1. Explain the purpose and the functions of HRM, applicable to workforce planning and resourcing an organization
P2. Explain the strengths and weaknesses of different approaches to recruitment and selection.
P3. Explain the benefits of different HRM practices within an organization for both the employer and employee
P4. Evaluate the effectiveness of different HRM practices in terms of raising companies profit and productivity
Task 2 (Report).
Executive Summary.
2.0 Introduction.
2.1 Analyze the importance of employee relations with respect to influencing HRM decision-making (P5)
2.2 Identify the key elements of employment legislation and the impact it has upon HRM decision-making (P6)
2.3 Illustrate the application of HRM practices in a work-related context using specific examples (P7).
Recommendation and conclusion.
Conclusion.
References.
Introduction
According to Armstrong and Taylor (2014), Human Resource Management (HRM) is a kind of strategic approach of an organization’s effective management system for the workers that support that organization to gain a competitive advantage in the marketplace. Fletcher (2016) said that HRM is a practice of hiring, recruiting as well as managing the workers of an organization. The selected organization for this assignment is Kingfisher Plc. Kingfisher plc is the organization for home improvement which has about 1,300 stores in different countries including Russia, Turkey, and Europe (Kingfisher Plc, 2019). This company operates mainly under the four retail brands such as Castorama, B&Q, Screwfix, and Brico Dépôt. In addition, this company services about six million customers per week through its stores and digital channels.
This assignment includes different sections. The first section of this assignment explains the purpose and functions of HRM which are applicable to workforce planning and for resourcing an organization. The second section of this assignment explains the strengths and weaknesses of different approaches to recruitment and selection. The third section of this assignment explains the benefits of the HRM practices within an organization for both employer and the employees. Finally, the fourth section evaluates the effectiveness of different HRM practices in terms of raising the profit and productivity of a company.
Task 1
P1. Explain the purpose and the functions of HRM, applicable to workforce planning and resourcing an organization
Beardwell (2014) said that HRM (Human Resource Management) is a method that helps to make plans, develop different policies and programs for the human resources of a business organization. In addition, HRM is concerned with the proper exploitation of an organization’s human resources that helps to bring better outcomes for both organizations and their employees. According to Armstrong and Taylor (2014), it also helps to maintain a good relationship between the employer and the employees.
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Purpose of HRM
The key purposes of Human Resource Management (HRM) are:
- HRM helps an organization to improve the effectiveness and efficiency of human resources
- HRM ensures a positive and good relationship between the employer and the employees.
- HRM provides individual development of human resources (Armstrong and Taylor, 2014)
According to Kingfisher, it is the leading retailer and it ensures effective HRM in its organization (Kingfisher Plc, 2019). In addition, effective HRM helps Kingfisher to develop the employees’ effectiveness at the workplace. That supports Kingfisher to gain its competitive advantage in the market.
Functions of HRM
Kingfisher Plc’s HRM must focus on the following functions to gain the goals and objectives properly:
HR Planning
Effective HR planning is the effective function of HRM of an organization to manage human resources properly. Proper HR planning supports a business organization to utilize the skills and knowledge of its human resources to operate a business successfully (Beardwell, 2014). According to Kingfisher, proper HR planning helps this retailer to improve its human resources’ performance for a better outcome……………..
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