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Complete 10 page APA formatted essay: Human Resource Issues for Business.Download file to see previous pages... Within this area of research, an increasing body of literature contains the argument tha
Complete 10 page APA formatted essay: Human Resource Issues for Business.
Download file to see previous pages...Within this area of research, an increasing body of literature contains the argument that, high performance work practices, including comprehensive employee's recruitment, selection procedures, incentives compensation and performance management systems, and extensive employee's involvement and training can improve the knowledge, skills and abilities of firms (Huselid, 1995, Jackson , Schuler., &. Sparrow, 1994).
Today, with the increasing researchers desire to demonstrate the importance of an effective human resource policy on organization performance research has shifted from a micro level that previously dominated research interest to a more general, strategic macro level (Doty &.Delery 1996). The term human resource management is not new. It has been widely used by scholars and managers to refer to the set of policies designed to maximize organizational integration, employee commitment, flexibility and quality of work (Poole 1999).
HRM do not only create competitive advantage f...
The term human resource management is not new. It has been widely used by scholars and managers to refer to the set of policies designed to maximize organizational integration, employee commitment, flexibility and quality of work (Poole 1999).
HRM do not only create competitive advantage for the organisation but is the force underpinning organisation's success (Turner, Keegan &. Hueman 2006:317). No wonder, the way HRM practices and policies take shape also affects the employee's experiences of work and the employment relationship (Turner, Keegan &. Hueman 2006:317). Within the mainstream HRM literature, there is a long tradition of research arguing that in order to make an optimal contribution to firm performance, HRM policies and practices should be integrated both with firm strategy, so-called vertical strategic integration and with each other, so-called horizontal integration. Paul Ilsles best fit model attached in the appendix lay emphasis on this. Against this background, this paper addresses some of the pertinent human resource issues identified in the case Major Bank Plc. The second part of the paper provides an overview of the human resource problems in Major Bank Plc. The third part of the paper uses Paul Iles Best fit model to provide a recommendation.
1.1 Human Resource Issues Facing Major Bank Plc
Major Bank Plc is one of the largest regional Banks in the UK. As one of the market leaders in the Banking industry, the company is highly reputed among customers and has established a high level of credibility and goodwill in the market. The bank is significantly less exposed to internationally banking market place problems than many of its competitors.
