Development of A HRM Strategic Plan Assignment Example | Topics and Well Written Essays - 1500 words

Development of A HRM Strategic Plan - Assignment ExampleThe basic functions of HRD are attracting trounce candidates, reducing employee turnover, and to enhance the productivity of the employees (Taylor, 2005, p.1). It is a critical factor that contributes highly towards gaining a competitive advantage in the marketplace.One of the most important aspects of an HRM dodge is to determine the type of candidate required in the organization carry out organizational tasks. Also organizations arrange various kinds of programs for the purpose of satisfying their employees, and the accountability for arranging it also falls in the shoulders of the human resource department. HRM strategy also plays a crucial role in the overall organizational culture. moreover training and development is also one of the most important functions of the Human resource department.In the context of the project a property management keep company has been chosen where the new HR strategy lead be developed. The H R strategy will focus on the different aspects of managing the human resource of the organization. It will also emphasize on the recruitment strategies of some other organizations in order to formulate a competitive strategy.In order formulate a sound HRM strategy of the organization and to add more value to it, the HRM strategy of 3 other companies have been analyzed. However the names of the companies have not been expose due to some privacy policies. In order to get insights about the strategies of the chosen companies an interview session was held. The sample questions that were asked to the HR managers of those companies are follows-Regarding leave constitution there are a small differences among the chosen companies. Company A allows 28 leaves in a calendar year, company B allows 25 leaves plot of land Company C allows 30 leaves in a calendar year. Also these companies allow special leave on