Human resource management (HRM) involves planning, organizing, and managing an organization's human resources. The key functions of HRM include staffing through recruitment and selection, human resource development through training, compensation and benefits, ensuring employee safety and health, managing employee and labor relations, and conducting HR research. Workforce planning is also an important part of HRM, as it aims to ensure the organization has the right number and skills of employees needed now and in the future to achieve organizational goals.
Human resource management (HRM) involves planning, organizing, and managing an organization's human resources. The key functions of HRM include staffing through recruitment and selection, human resource development through training, compensation and benefits, ensuring employee safety and health, managing employee and labor relations, and conducting HR research. Workforce planning is also an important part of HRM, as it aims to ensure the organization has the right number and skills of employees needed now and in the future to achieve organizational goals.
Human resource management (HRM) involves planning, organizing, and managing an organization's human resources. The key functions of HRM include staffing through recruitment and selection, human resource development through training, compensation and benefits, ensuring employee safety and health, managing employee and labor relations, and conducting HR research. Workforce planning is also an important part of HRM, as it aims to ensure the organization has the right number and skills of employees needed now and in the future to achieve organizational goals.
Human resource management (HRM) involves planning, organizing, and managing an organization's human resources. The key functions of HRM include staffing through recruitment and selection, human resource development through training, compensation and benefits, ensuring employee safety and health, managing employee and labor relations, and conducting HR research. Workforce planning is also an important part of HRM, as it aims to ensure the organization has the right number and skills of employees needed now and in the future to achieve organizational goals.
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Higher National Diploma in Business Management ESOFT METRO CAMPUS
H.A.D.R.Chathurika Seneviratne 9 | Page
TASK 1 Task 1.1 explain the purpose and functions of HRM, applicable to work force and resourcing and organization. 1.1.1. Human Resource Management First and Foremost, according to Flippo (2018) elaborates Human Resource Management as “planning, organizing, directing, controlling of procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are achieved.” Furthermore, according to Decenzo and Robbins (2005) “HRM is concerned with the people dimension” in management. Since every organization is made up of people, acquiring their services, developing their skills, motivating them to higher levels of performance and ensuring that they continue to maintain their commitment to the organization is essential to achieve organizational objectives. This is true, regardless of the type of organization – government, business, education, health or social action”. It could be critically demonstrated from the literature that Human resource management is the most vital and unique assets of an organization. In the same line, Human resource is one of the vital parts of today’s corporate environment. It is vital to hire the best pool of employees at the stage of recruitment and selection to get the best contribution from them towards the company objectives. It should be noticed that the duty of the HR department is to serve the company and it should focus primarily on the benefits of the organization rather than the individuals. Higher National Diploma in Business Management ESOFT METRO CAMPUS H.A.D.R.Chathurika Seneviratne 10 | Page 1.1.1 Purpose of Human Resource Management 1 Figure ‐ HRM Function Source: google.lk Strategic human resources management process built a link between line management and the organizational employees. Furthermore, small scale organizations with limited employees eventually accomplish collaboration among senior management and junior employees. Consequently, Multinational Companies have various management and employees. The human resource planning process identifies organizational goals and matches them with the competencies employees need to achieve those goals. Human resource planning serves as a link between human resource management and the overall strategic plan of an organization. A plan is made to either develop necessary competencies from within the organization or hire new people who already have them. The plans and strategies for fulfilling human resource needs are continually evaluated and improved, and the acquired resources are continuously developed. Higher National Diploma in Business Management ESOFT METRO CAMPUS H.A.D.R.Chathurika Seneviratne 11 | Page 1.1.2 Functions of Human Resource Management First and foremost, the author would like to state the criticalness of human resource management as it impacts on the performance of the organization. Furthermore, this constricts of the following key areas: 1. Staffing 2. Human Resource Development 3. Compensation & Benefits 4. Safety & Health 5. Employee & Labor Relations 6. Human Resource Research 1. Staffing. An organization select effective and qualified employees, who are designated for specific position along with the proper place & timing. That make an organization to achieve its organizational objectives. There are fore important activities of the staffing function of human resources. I. Job Analysis – A process of studying and collecting information related to operations and responsibilities of a specific job in the organization. II. Human Resource Planning (HRP) – In order to confirm that the required number of workers with the require skills & knowledge are made available when they are demanded. III. Recruitment – Attracting & encouraging relatively large number of applicants to apply for the required jobs. IV. Selection – The best persons from a pool of applicants for the job that can effectively fulfill the position. Higher National Diploma in Business Management ESOFT METRO CAMPUS H.A.D.R.Chathurika Seneviratne 12 | Page 2. Human Resource Development In an organization important role of the Human Resource department is the training & development of the employees. The training is proved to the employees with the required skills & knowledge for their current positions of the jobs. For employees human resource development can be given by individual as well as teams ultimately benefits the organization by improving its entire performance. 3. Compensation & Benefits The compensation is elucidating as all the rewards that are makes clear by the employee as a result of the employment. There are three rewards as below. Pay ‐ The money received by an employee for performing his job. Benefits ‐ Benefits are those extra financial rewards that are received other than pay. Benefits include sick leaves, paid leaves, holiday and medical insurance. Non‐financial Rewards ‐ That are availed by the employees and which are non‐ monetary in nature like pleasant working environment and delightedness of work performed etc. 4. Safety & Health In the working environment safety of the employees is most important and the health is different it is related to the physical and mentally wellbeing of employees. In an organization employees are asset of the organization & their good health in a safe working environment ensures the increased productivity & effectiveness of the organization in the long run the safety and health issue of the employees is very crucial for the HR department. 5. Employee & Labor Relations The law for the organizations to declare a union of its employees & bargain with the union on certain matters. If employees need to join the union the organization do not put pressure on them for prevention. Unionism is an earlier concept in the private industry, Higher National Diploma in Business Management ESOFT METRO CAMPUS H.A.D.R.Chathurika Seneviratne 13 | Page many organizations try to keep union free environment because union can become harmful for the organizations. 6. Human Resource Research Functions of human resource management because it does not require cost for separate laboratory and provide effective solutions for many issues of the human resource department. 1.1.2 Workforce planning and human resource management 2 Figure – Strategy workforce planning Source: Google.lk Workforce planning refers to the process of ensuring an organization has current and future access to the human capital it needs to perform effectively. Workplace planning involves identifying current and future personnel needs and exploring the most appropriate and cost‐
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