Workforce Planning in HRM - TK Maxx

TASK 1

P1 Purpose and the functions of HRM

HRM is an crucial activity through which manager recruit and manage entire activities of the business and workforce as well. In this manager hire and select right person on the right job as it helps in improving the performance level at workplace. Mainly, the major purpose of HR manager is to fill the vacant place by recruiting skilled and capable workers so that they effectively perform their duties for attaining set goals and objectives. As human resource department also play vital role in managing workers activities in systematic manner. In this they recruit, select, develop, training all the employees to enhance their skills and knowledge towards company goals and target. With the help of this company easily attain predetermined result. One of the main aim and purpose of HRM is to enhance workers productivity level so that they easily adopt any kind of situation and also find better solution to accomplish company target (Arrowsmith and Parker, 2013). In context of TK-MAXX, it is also vital for company director to include capable workforce as they can easily achieve competitive edge and growth level as well.

Purpose of Human Resource Management

As per current scenario, an effective and successful HRM develop a strong relation between line manager and workforce. In this the main aim of HRM is to enhance productivity and profitability level of the company by selecting, recruiting and staffing talented people within the company (Baluch, Salge and Piening, 2013). Along with this, HR management also create policies and procedures which shape a company. It contribute in accomplishing positive brand image of the company at market place. As there are some main purpose of HRM in TK-MAXX may contribute in getting set goals and objectives.

• Management of people: Mainly, HRM is refer to managing workers in systematic manner for establishing better coordination among all the employees. This will leads in enhancing the profitability and productivity level as well. As TK-MAXX having positive image in market place so that they have to manage their people at workplace effectively so that they can attain better results in appropriate manner.
• Employee relation: HR management is responsible for building good relation with employer and employee so that both are easily improve overall performance level and also maintain better coordination among them. This will reduce the chances of arising any issues and obstacle at workplace.
• Laws: Under this, for establishing positive work environment at workplace, it is important for HR management is responsible for following legal structure as it includes union, employment legislation, labour relations and many more. All these are directly affect the decision making process of the company. Along with this, TK-MAXX, is also consider entire laws at the time of recruiting selecting and managing people at workplace. With the help of this they easily maintain better work environment within organization.

Functions of HRM

Human resource management is totally based on increasing workers performance by developing their skills and knowledge at workplace. In this HRM is concerned with workers management through recruitment to retirement (Caligiuri, 2014). In this context, there are some main function of HRM which contribute in developing positive performance of the company are as follows:

• Recruitment and selection: One of the main purpose of HRM is to recruit and select capable candidate for fill vacant place within the organization. This will contribute in reducing the cost of unnecessary mistakes (Collins, Zhu and Warner, 2012). By recruiting talented workers TK-MAXX easily attain set target in appropriate time frame.
• Orientation: For enhancing productivity level of new workers, it is important for manager to orient new workers as they easily understand about company goals and objectives. By this this they put best efforts to attain long term and short term goals in appropriate time frame.
• Managing employee relations: Worker are main pillar of each and every company as it is important for manager to make good relation with them. In this, management of company have to organize activities to understand employees needs at workplace which may helps in maintaining balance between employee and employer relation.
• Controlling: For having an effective growth it is essential that they have a proper control over resources this will enable them in manufacturing excellent products with limited sources. This will help company in taking right actions as needed according to the current market situations.

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P2 Strength and weaknesses of different approaches to recruitment and selection

Recruitment is important process through which manager attract, select and short-listing the right person for right place to fill vacant place at workplace. With the help of this company includes skilled and talented workforce so that they effectively execute their activities for attaining competitive advantage at market place. In this context, there are two type of approaches which used by TK-MAXX to hire capable candidates:

Internal approach of recruitment: This approach used by company when internal workers are getting chance to attain higher position at workplace which known as internal approach of recruitment. Under this, manager should analyse workers abilities and skills of workers to take right decision of recruitment (Conesa-Zamora, and et. al., 2011).