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Importance of Executive Human Resource Management for an Organization
Importance of HR in the organization.
Strategy
Strategies for hiring the right kind of people.
Corporate decision-making.
Underlies current staffing
assessments and projections
for future workforce.
Compensation
Develop realistic compensation
structures.
HR conducts immense wage and salary
surveys to maintain compensation costs.
Benefits
Associated with turnover, attrition
and hiring replacement workers.
HR also familiar with employee benefits
most likely to attract and keep back
workers.
Safety
HR have an responsibility to
provide safe working conditions.
Safety and Health Administration
regulations through maintaining precise work
logs and records, and developing programs.
Liability
Identify, investigate and resolve workplace
issues.
Training and Development
HR training and
development specialists coordinate
new employee
orientation
The training and
development area of HR
also provides
They also provide
training to the employees
according to the
requirements of the
organization.
Employee Satisfaction
Employee relations specialists in HR help the organization achieve top performance,
morale and satisfaction levels throughout the workforce, by creating ways to strengthen the employer-employee
relationship.
Workforce Capability and Planning Circle
HRM helps in Hiring and Training the Workforce.
HRM takes care of performance management system.Mission
Vision
Strategy
Processes
Systems
Performance Management
Behaviors & Action
Result