HUMAN RESOURCE MANAGEMENT



Why Human resource management is necessary for certain? organisation?

Table of Content

Introduction3

Main function of human resource3

Recruitment and retention4

HR policy of Tesco6

Research Question7

Analysis of HR practices at Tesco8

Data and analysis10

Conclusion and discussion12

References15

Introduction

Human resource management (HRM) plays crucial role in success of any organisation. Human resource or human capital as it is widely called in today's world, is the most important assets of any organisation. The growth and success of any organisation depends upon its human resource. How a company manages it human resource determines its future success. According to (Oysterman 1988, Pp. 12-36) it is next to impossible for any company to achieve its set goals without valuing its quality human resources. A highly motivated workforce can increase the productivity of the business as motivation has direct impact on the performance of employees. (Oysterman 1988, Pp. 12-36) In this paper, the question why human resource is necessary for certain organisation would be answered under the light of previously conducted researches. But before selecting any company for the analysis of its HR policies and practices, it would be worthwhile to briefly discuss the main functions human resource personnel or department plays.

Main function of human resource

Identifying the functions of HR department of an organisation is essential actually, as to understand its role and importance in any organization, whether commercial or non-commercial. The functions HR plays are as follows:

Recruitment and retention

It is the prime responsibility of hr personnel to recruit right person at right position, as hiring inappropriate candidate for the job might result as poor performance and productivity. On the other hand, once the potential staff is hired there is a need to retain it, as the cost recruitment process involves is high as well as if an organisation losses a potential employee, than business might have to suffer from loss. Retention of potential employees is necessary in the current environment as to not only keep organisation on the track for success but to beat the competitors. (Batt & Doellgast 2005, Pp. 138-164)

In this regard, motivation plays an important role. Different organizations adopt various methods to retain its employees, but most effective and practiced method is employee training, which not only provide the chances for employees to grow within the organisation but also this process benefits employees as trained employees can boost the level of productivity. (Becker, Hustled, & Ulrich 2001, Pp. 117-143)

In this study Tesco has been adopted as model organisation, and in this study the HR practices followed by Tesco would be analyzed, as to observe the importance of human capital in the growth of Tesco, as it is the giant of supermarkets.

In this report human resource policies and practices at Tesco would be reviewed and discussed to understand, how much importance has been given to human resource by Tesco. A model of commitment has been introduced by the organisation that offers training and development to all employees. Tesco's model has been proven very effective and successful for the success of the ...