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Storeys Ir Practises

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Task 1 1.1 Assume that you have been recently appointed as an Assistant HR manager and have been asked by the MD to prepare a report on the good HRM practices in order to increase employee’s morale and commitment. Your report should address the following issues. a. Different approaches to HRM and the need of Guest’s model of HRM to Excel Accounting
There are a variety of ways to approach the management of HR in a business. The business textbooks like to describe two broad approaches to HRM which are explained further below: * “Hard” HR * “Soft” HR * The key features of the hard and soft approach to HR can be summarised as follows: Hard HR Management | Soft HR Management | Treats employees simply as a resource of the business (like machinery & buildings) Strong link with corporate business planning – what resources do we need, how do we get them and how much will they cost | Treats employees as the most important resource in the business and a source of competitive advantage Employees are treated as individuals and their needs are planned accordingly | Focus of HRM: identify workforce needs of the business and recruit & manage accordingly (hiring, moving and firing) | Focus of HRM: concentrate on the needs of employees – their roles, rewards, motivation etc | Key features | Key features | Short-term changes in employee numbers (recruitment, redundancy) | Strategic focus on longer-term workforce planning | Minimal communication, from the top down | Strong and regular two-way communication | Pay – enough to recruit and retain enough staff (e.g. minimum wage) | Competitive pay structure, with suitable performance-related rewards (e.g. profit share, share options) | Little empowerment or delegation | Employees are empowered and encouraged to seek delegation and take responsibility | Appraisal systems focused on making judgements

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