Legal And Regulatory Framework Impact On Human Resource Management

Decent Essays
1.4 Analyse how legal and regulatory framework impact on human resource management.
In the process of human resource management, the HR managers need to adhere to different laws and standards which are being developed for the welfare of employees and protecting their interests at the workplace. Similarly, a range of employee protection laws are followed in the HR management curriculum of M&S and the different laws are briefly discussed below.
Relations Amendment Act 2000 – This is the act developed for strengthening relations with the employees and not practicing any unlawful discrimination on the basis of race, nationality, and color and this law is the improvisation of the Race Relations Act 1976. The following of same helped the management
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Therefore, new HR planning policy and with changes in R&S process has been provided.
2.1 Analyse the reasons for human resource planning
HR Planning – The aspect of HR planning can be defined as the management process designed to match up with the strategic requirements of the business with sufficient skills and talents. The planning is the strategic approach to the management to figure out the present and future requirements of human resource in the business based on the requirement of functions and activities of the company(Ulrich, 2013).

Analysis of Reasons for planning
The planning process is very essential for the business managers to follow an organized approach for meeting the human resource requirement of the business on the continual basis.By the way of planning the present organization would also be able to reduce its labor management cost as; higher employee turnover is affecting the financial return in the adverse manner and wastage of time due to regular interviews and search of
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Based on the requirement of the company the required profile can be selected.
In the planning process the external factors are also to be accounted are the details of the labor market regarding the supply and demand of labor in the particular sector, government policies and following new technologies in the R&S process.
2.2 Outline the stages involved in planning human resource requirements
HR planning steps –The HR planning process involved a number of activities and steps such as the investigating, planning, forecasting and utilizing as mentioned by Jackson et. al. 2011).
For the considered company the following HR planning steps can be considered as presented in the following diagram and discussed briefly. Analysis of Objectives – This states the analysis of business objectives this is essential to mark on the specific requirement of the business and skills need to meet the business

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