HUMAN RESOURCE MANAGEMENT INTRODUCTION
HRM basically concentrates on taking care of workers inside the company. It can be acknowledged that HR is an integral part of every organisation. The achievement of goals and objectives of the organisation relies on upon how well this part is overseen so that the organizations objectives and strategies are accomplished, if the personnel policies and techniques are will connected and mainly contribute in that particular direction. The organization excels other competitors, if the organization climate managerial behaviour and corporate culture have an impact on the organization activities. The culture and organization values have to be reinforced and for that the continuous efforts on the part of human component of the organization
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If it fails to do so its existence will came to an end.
• To help employees for securing the personal goals for individual growth: HRM not only focuses on the organizational goals but it equally tries to explore and develop the capabilities of the employees by training and development so that employees can achieve their personal as well as organizational goals.
• To update the employees regarding managerial policies- one of the most important duties of HRM is t update the employees with the internal policies, feedback of customers, opinions of the management and also to generate creative ideas from the workforce.
• To fulfill social responsibility- The HRM function also ensures fulfillment of the social responsibility of the organization towards the different groups of the society, adhering to the moral and legal norms.
• To increase organizational productivity- HRM tries to enhance the overall productivity of the organization by effective utilization of available
HRM function is primarily concerned with ensuring the fulfilment of management objectives and at the same time ensuring that the needs of the resources are taken care of.
It is important for employees to receive benefits that meet their needs. When employee needs are met they are happy, turnover rates may decrease, and employees complain less. Employees are more likely to do a better job because they feel appreciated and needed at work which boosts the workplace morale. HRM goals will be met in that employees will be doing a great job, which allows them maintain the effectiveness of the company. HRM’s goal is to keep the company running to continue to produce a positive profit and this can be done if employees are taken care of properly.
2. Compensation to those who are injured during a job performance and are paid in settlements until the employee is well enough to return to work. 3. Benefits are offered to employees such as all primary insurance like death, medical and 401k. Not a must with the employees depending on the price of each that is provided. HRM the department of a business organization that looks after the hiring, management and firing of staff. HRM focuses on the function of people within the business, ensuring best work practices are in place at all times. Human resource management also keeps the market a pleasant place in which to work. Making staff and management aware of employment law and ethical behavior at work is part of every HRM department’s remit. The traditional method of human resource management involved planned exploitation of staffs. This new function of human resource management involves HRM Metrics and measurements and strategic direction to display
The key role of human resource manager is to offer assistance in an organization by performing three distinct functions that are discussed as follows:
Today, the human resource has developed more than those functions. HRM needs to launch and maintain cordial relations between management and the employees (Bhatt, 2014, para.1). It needs to design a system that not only protects employees’ benefits but also preserve their legal rights. Also, it needs to help workers in managing their career plans by providing them proper and accurate training and guidance (Bhatt, 2014, Objectives of HRM section, para.1). It needs to construct and endorse ground-breaking cultures and beliefs that help in the growth and success of the
HRM should ensure employees are focused on understanding customer needs and expectations of the organisation, if employees are aware of this, then are all aiming for the same goal and objectives of the business. This can be effective through clear communication. Understanding and communicating well with employees and managers is an important skill for HRM which, can only be leant by spending time and understanding the language of the employees and by using the language
Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will also serve as the company's primary liaison with the employees' representatives (usually a labor union).
Human Resource Management (HRM) is the terminology used to illustrate formal systems devised for the management of people within an organization. It is the method of managing an organization or company that is directly related to the employees of that particular organization. The success of a business often rely heavily on the performance of managing human resource. Maximizing the desires and benefits of an organization and helping a business grow by rewarding employees to help motivate and push them in their performance is one of the main aim of HRM. By doing this, it will have a positive impact on both the company and it’s entire organization.
The role of the HRM department basically three: human relations, organization theory and decision making. Their responsibilities could be either individual, organizational or career development. And it has four basic implementation strategies: Acquisition, Development, Compensation and Maintenance.
HRM is a key issue to be inclined by regulatory framework; an important influence the HR department when company embarks on an international operation for business performances. HRM has been defined to be a function that helps organisations to achieve their goals hiring and obtaining performing workers ((Philpott, 2010).
The HRM department is basically responsible for the process of hiring, training and developing employees with the perception that they will become more valuable to the company. One of the main functions of the HRM is the training and development of employees (HRM, NA).
HR department is responsible for many of the attributions of an organization. HRM is a strategic part in the organizational achievement of the company. HR department major daily tasks are planning and alignment, staffing, preparing compensation offers and to shape, outline and define the culture of the organization. HRM process which purpose is to attract, retain, and motive is made up of eight main practices which include HR planning, job analysis and design, recruitment, selection, performance appraisal, training and development, compensation, and benefits.
The main purpose of HRM is to ensure and maximize productivity of the organization by fully optimize the potential and capabilities of every employees in the organization. As (Edward L Gubman), Observed in the Journal of Business Strategy, “the basic mission of human resources will always be to acquire, develop, and retain talent, align the workforce with the business and be an excellent contributor to
- The role of a human resource manager is to plan, organise, lead and control all matters that relate to the employment of workers.
Today, HRM is a strategic partner within the organization. It is a process in which HRM works with the organization to assess their goals and objectives, hire, and retain the best employees to attain those outlined goals and objectives. HR managers overcome challenges by sustaining a well-balanced workload between management and employees within the organization and overcoming difficult situations pertaining to the workforce as they arise. This change has allowed HRM to enhance its relationship from merely just a staffing entity to an integral partner within the organization ensuring its success.