The effectiveness of different HRM practices in terms of raising organizational profit and productivity.

HRM is a planned approach to manage people effectively. HRM practices are how the HR manager manage their employee within an organization to rise organizational profit and productivity. There are different HRM practices and they are:

§ Healthcare benefits

§ Talent acquisition

§ Recruitment and applicant tracking

§ Retirement benefits

§ Health and wellness

§ Background checks

§ Employee testing

§ Recognition, rewards, and incentives

§ Performance appraisal.

From the above practices some are described below which are most related to Think Right Ltd.

Talent acquisition

Talent acquisition is query for the employee who are most talented. It is the part of searching knowledge workers. Any organization needs some talent employee to help them and drive them in the way to success. Think Right Ltd. also need some knowledge workers to make them more profitable and productive.

Recruitment and applicant tracking

Before recruiting any employee track his past and back grounds in order to know and collect information about him. This information will help to find out what actually he is. If his background is good then Think Right Ltd. should recruit him to make more profit.

Health and wellness

An adage has about the health and that is health is wealth. This wealth is more valuable than any other wealth in the world. If HR recruit an employee who is healthy and seldom get sick he will be able to work daily and more than other which will led the Think Right Ltd. more productive.

Retirement benefits

While an employee get old, he should be retire from work. Because after a certain age a person lose his stamina for working long hours. Instead of this old one Think Right Ltd. should recruit a young one to get more productivity. During the retirement the company should offer a certain amount of money to the retired person.

Performance appraisal

It is use to find out performance by the individual employee and for this they are rewarded to keep or grow their performance. This appraisal allow a company to produce more and make them to earn more profit.

Think Right Ltd. follows these and some other practices of HRM while managing their employee to make more profit and make their employee more productive.

The importance of employee relations in respect to influencing HRM decision-making.

Employee relation develops by the interaction of people in the work place. People of any organization interact with each other during their work periods. This interaction may be formal or informal, official or unofficial. This relationship which is build up within a work place may be positive such as friendly, wanting to be closed. This may also be negative relation such as unfriendly, wanting to be distant.

An effective and successful employee relation involves creating a motivated and productive workplace. It can help foster the environment in which they are working and influence HRM decision making process. From below it has been described about the importance of employee relation which is influence HRM decision making for the Think Right Ltd. company.

Stress management and recreation facilities

In an effective employee relation, employees are able to discuss their problems, their lacking and so on with their employer. They together creates a sharing environment for both of them. This environment provide a facility to HR managers to make their decision effectively. They have enough knowledge about their employee and while they make any decision they consider that information.

Collective problem solving

In an effective employee relation environment, the employee are close enough to discuss their problems group wise. So collective problems are solved by them. If they are not able to solve that problem they will then discuss with upper level manager. There have 45 employees in Think Right Ltd. and they maintain this strategy to solve their problem and help the HR management to make their decision effectively.

Involvement and engagement

In an effective employee relation environment employee are able to help and engage with making any decision and they provide necessary information to the top level management. Having only 45 employee Think Right Ltd. they are more successful in customer capture by make their manager more sharing.

Performance appraisal

Rewarding for success is a general term in most of the organization. It is easier when the employee and employer have a good relation. Employer will understand their employee and employee will do their best to completing their task. It will help the HR to make their decision more easily.

By maintaining these strategy Think Right Ltd. have more customers than Save To Build.

The key elements of employment legislation and the impact it has upon HRM decision-making.

Employment legislations are the standards to protect employee rights. These legislation protect an employee to be deceived by their employer. There have several legislation to protect employee rights and some of them are as follows:

§ Minimum wage

§ Minimum daily pay

§ Meal breaks

§ Hours of work

§ Over time

§ Statutory holydays

§ Annual vacation

§ Vacation pay

§ Employment of people under 18

§ Leave from work

§ Sexual harassment

Beside these there have also some other employment legislations. Now the laws which are influence think Right Ltd.’s. HRM decision making are described below.

Minimum wage

There have only 45 employee in the Think Right Ltd and from them most are not full time employee. If Think Right Ltd. do not pay actual wages to their part time employees then they will not pay attention to make developed the company. They will not be cooperative and by this managers will be fail to make their plan successful.

Minimum daily pay

The salary of fixed employees are fixed by the Think Right Ltd. but they have part time employee who are the largest in number then full time. Sometimes they have not to work for a ful day instead they needs to work for certain hours. I n this case Think Right Ltd. should pay them a minimum rate of wage in order to get them more cooperative and informative to help in manager’s decision making process.

Over time

As their have no limited time hour for part time workers they have to pay for their overtime hours. This payment rate should be doubled than general payment rate.

Vacation pay

A vacation pay should be offer by Think Right Ltd. to their both full and part time employee in order to motivate themselves to get them more cooperative. Part time employees are most time workless so they should be given a portion of their actual salary in that time.

Statutory holydays

1/2 days in a week should be kept as statutory holyday for both type of the employee in order make them more productive and more helpful in management decision making period.

These laws should be maintain by Think Right Ltd. to get their employee more cooperative and having benefit while making HR decisions.

The application of HRM practices in a work-related context, using specific examples.

HRM can be practiced in the different context of an origination. It can be used to hire employee for an organization as well as to manage them beside this sector HRM can be also used to satisfy an employee with his job, manage his work place and so on. HRM practices in a work related context is described below:

a) job description and person specification for a line manager

Job description is a list that a person can use for in a general task or function or responsibility of a position which may often include to whom the position report. Specification such as qualification needed for the job. A person’s job description can be presented in a standalone documents, but in practice it is usually included in a job description.

HRM provides several important dimension to different part of the organization as well as employee. From them job description is one of them. The primary goal of job description by the general management is finding out what may occur in the future. They do not do this for current situation rather they do this for the future. Managers describe what type of benefit they will provide to the employee in their job description and employees are apply seeing these benefit offered by the company.

For example, suppose an employee of Think Right Ltd. is Robert is asked to do job in this company. Now the company will describe him what kind of job he should be done in future. He may do customer relation related job, or may home delivery server and other thing. Company make aware the employee about their work so that they can be prepare themselves and company get benefit in future.

Another topic related with job description is job satisfaction which can be defined by many ways and one of them is that how content will be arrange by an individual in his job. In another word job satisfaction refers that weather an employee is loving his job or not. HR manager find out factors which run to make an employee to be satisfied to his job and which are making them satisfied. If they find out any negative factor then they try to reduce that problem.

For example, if the employee of Think Right Ltd are not satisfied with their job for appropriate motivational tools then the HR should provide proper motivational tools to the employee to satisfy them with their job.

b) Benefit of general manager by selection process using in recruitment

While recruiting any employee every company go through in a selection process. Selection process starts with finding the gap where the employee should be recruited. Like other company Think Right Ltd. starts their selection process with finding gap and then they ask for application from interested candidates. In this stage many more application had been submitted by the candidate and company select a specific number of them. Here general manager get some advantage and most them one is they save rejected application for future use to reduce their searching cost. Then Think Right Ltd. go for interview and selected candidates are ask for initial job. But company keep some of them and rest are rejected. Here benefit lies for managers is that they get free work from the rejected candidates. After finishing this stage company go for next step and this is background search for the employee. If the result is positive them they are recruited finally. Think Right Ltd. also search and recruit self-employed sales person in order to reduce their searching and selection related cost and make the company more profitable by recruiting eager employee.

Conclusion

Think Right Ltd. is a UK based customer acquisition company. They have only 45 employee and majority of them are part time employee. This is the major problem for them. Manpower is an important element for any company. They have reputation in the market but they have to recruit more employee to make their reputation higher. Recently they have made a contract with Save to build to make them able to find out more customer. This type of activity needs more employee. Their most employees are part time so they should maintain employee legislations to maintain their right. Their employee are almost satisfied with their jobs but Think Right Ltd. should take further steps to make them keep satisfied. Their most employee are field worker and they are work in a place most of the time. If they want to change their workplace the company should accept in order to give their employee a variation in their work.