Human Resource Planning and Contextualizing HRM - Essay Example

The external factor is the demographics in the workforce. The demographics determine the type of compensation (Stewart & Brown, 2008). My organization attempts to manage these contexts by ensuring that employees comply with the law, acquaint themselves with novel technologies, and always ensure that all people get fair remuneration. The organization does it effectively through constant monitoring. The HR function also has different models. Organizations are generally problematic and the need for management is crucial. An understanding of the HRM context helps solve the issues that emanate from organizations. HRM has a long history; thus, the different styles of HR and people management. HRM has major contributions to the attainment of competitive success and business objectives.

Unit 2- Human Resource Planning
There is a need to explore the nature and composition of the UK labor market so as to consider the major social forces that are responsible for shaping the nature and extent of people's engagement with paid employment. The methods and models of Human Resource Planning will be described and investigated in this unit. An analysis of the differences between "hard" and "soft" HRP will also be done.