One of the vital concept that is utilized by every business firm is Human Resource Management. It is the department on which functioning of entire firm rely. This is the function on which growth and success of a company largely depend (Armstrong and Taylor., 2014). Various functions are associated with it but the major function of this department is to recruit and select best suitable candidate for firm who have ability to meet organizational goals. This assignment is based on Waitrose which is a British supermarket food retail chain. This report includes various purpose & functions of HRM as well as strengths & weaknesses of recruiting and hiring method. Besides this, advantages to human resource practices and its effectiveness in in terms of raising profit and productivity are include. Importance of good employee relation and key elements of employment legislation are also included. At last, application of Human resource management practices are defined in this project.
P1 Functions and purpose behind HRM
Human Resource management refers to the activity that is connected with managing and controlling workers in a workplace. Different exercises are incorporated into HRM work that help in expanding inspiration level of staff. The principle duty of manager is to anticipate future manpower needs of firm and find best possible solution that meets set criteria in an effective manner. One of the key part of human resource management is to direct preparing and advancement to their labor with the goal that they can improve their abilities and learning and apply it when they are playing out their obligations (Berman and et. al., 2012). This assist in expanding capability of workforce and additionally empowers firm to accomplish its objectives and goals. In Waitrose, employees needs are discovered and satisfy that by enlisting right number of applicant at right position. Abilities and capabilities of an individual is the primary premise of determination. They additionally figure preparing system and direct different exercises with a specific end goal to inspire their workforce.
Functions of HRM:
In Waitrose, different functions are performed by manager of human resource department from which some are appropriate to labor arranging which are discussed below:
Recruitment and selection: For each association, this is the fundamental duty which is performed by administrator of HRM division is recruiting and selecting most talented and competent candidate for company. It incorporates anticipating of labor needs and definition of proper arrangement with a specific end goal to enlist and select potential hopeful (Functions of HRM. 2017). A particular criteria is set for a specific occupation which turns into the primary premise of an individual determination. Application is welcomed by director of Waitrose for different positions with the goal that people who are intrigued for particular post can apply for that. From this, firm has a substantial pool of capable hopeful from which they select best one and contract them. Fruitful achievement of targets and destinations is guaranteed by choice of gifted and skillful hopefuls.
Training and development: This is additionally a basic movement of workforce arranging in which administrator learn expertise needs of human resource and casing a viable preparing program appropriately. It gives a chance to work force to building up their aptitudes and capabilities and upgrading their insight. In Waitrose, a successful preparing program is given by director to their staff individuals with the goal that their aptitudes are getting enhanced and they empower to play out their obligations and duties in appropriate way. It brings about expanded efficiency and productivity proportion of firm.
Above mentioned are the fundamental exercises that are incorporated by supervisor of Waitrose when they do labor anticipating firm. This helps them in choosing proper number of hopeful at right position and time.
P2 Strengths and weaknesses of recruitment and selection approach
Recruitment & selection are system which helps in choosing a proper and suitable applicant. Through this tool, the company can choose qualified and capable candidate (Boella and Goss-Turner, 2013). So organization applies both internal and external sources to recruit and select right candidate appropriately. Thus, they can choose qualified and skilled representatives. Through applying this methodology they can choose qualified representatives. As a result, it become able to yield higher profitability ratios and high competitive edge in the marketplace. Following are the merits & demerits of approaches of recruitment and selection process:
Internal source: These are the sources through which organization chooses suitable individuals from the firm only and they don't choose individuals from outside the firm. Through this source, they can motivate existing workers and encourage them to perform better. Following are the strength and weakness of internal source of recruitment:
- Internal sources will be sources through which firm can chooses workers from firm and they can spare the time and expenses.
- It increase the inspiration and energy level of all workers. Through this they can give better outcomes.
- Through inward sources organization can choose skilled laborers. Along these lines it helps the firm in accomplishing the destinations.
- Firm can perform and can give great outcomes as all staff individuals can give great outcomes (Boselie, 2010).
- Internal sources can't choose new representatives therefore they can't have new ability in the firm.
- As existing laborers are chosen they don't know about changes in the earth.
- Some workers are advanced and friends don't advance others. So hence makes conflicts and debate among workers as they imagine that there is preference in the firm.
- There is specific farthest point that organization chooses a few representatives.