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What is Human Resource Management Why is it Important? The human
resource management is a common term which is heard amongst
professionals. This term takes on a key part in the success of any
system. This function present in any management helps in maximizing
employee performance. Valuable employees are held in an
organization and also certain aspects such as organizational
culture, policies, benefits, compensation, and employee relation
are maintained with the aid of human resource management. HR sets
up strategies, produces policies, systems, standards and
procedures. There are some tasks which are taken care of human
resource management. They are chiefly responsible for training
employees, rewarding, performance appraisal and recruitment and
more . There are ample reasons to point out the importance of human
resource management in an organization. Lets run through a few
points which present us why human resource management is important.
1. Helps you achieve your objectives: The chief ground for human
resource management to be important is that they help the company
to achieve their objective on a regular basis by means of
developing a positive attitude amongst the employees. They assist
in diminishing wastages and make usage of maximum net income from
the resources. 2. Design recruitment and training: They are
significant because they cull the right kind of people during
recruitment. They call for initiatives and design criteria which
are best suited for a specific task. When required they also supply
preparation for employees, which helps in evolving the presentation
skills of the employees and then they take up new posts. 3.
Professional development is attained: The policies adopted by human
resource management helps in providing excellent training for the
employees. When such training is offered, they are developed
professionally. Their talent can be used inside the system and also
in other companies which one may intend to join in the future. 4.
Performance appraisals are a good thing: The HRM motivates the
employees by their performance assessment procedure. They help
people to act according to their efficacy and also offer estimates
to gain advances. The employees performances according to their
roles are monitored on a regular base. With this concept the
employees are able to make an outline of their ends and go towards
it. By this way the employees are boosted and perform good.
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Smooth relationship is preserved: The co-ordinal relationship
between union and management is maintained with HRM. The joins in
the troupe comes to a determination that the troupe is also
interested in their increment and the prospects for performing
strikes are greatly brought down . 6. The work atmosphere is
maintained: Another important aspect to be glanced is that the
workplace atmosphere and work culture are significant aspects which
plays a central part in the operation of an employee. The human
resource team offers a good working condition for the employees. A
dependable, tidy and clean employee can take out the best
performance from an employee. Apart from this job satisfaction is
also obtained with a good work environment. 7. Enhances team work:
The HRM helps individuals and trains them to play in a team; this
perfect training makes employees better to exploit in a team. By
this way team work is enhanced and employees learn to adjust and
coordinate with their squad. 8. Handles disputes: There are a
number of hassles and issues that may rise up during the track
amongst the employer and employee in an organization. In such
scenarios, the human resource department acts as a consultant as
well as intercessor to set right those sorts of events. They first
hear the grievances of the employees and sort them out by providing
proper solution. Whenever mandatory, they also require immediate
action. 9. They prepare talents for the hereafter: To integrate the
occupation demands and produce perfect results, the employees are
often trained. During the training period the potential employees
of the team are distinguished to be advanced to the next higher
grade. So HRM takes responsibility for preparing people for the
future by picking talents. 10. Public relations are raised: The
human resource management is responsible for rising public
relations during the class of work. They are responsible for
organizing seminars, business meetings, and other official get
together on behalf of the fellowship so that public relationship
with other systems is developed. Commercial enterprise and
marketing plans are likewise planned by human resource management
in some shells. Hence they help in preparing and maintaining public
relationships.
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11. They select the right employee: The human resource management
follows a certain set of protocols to pick the correct candidate
for a fixed task. Such sort of selection offers job satisfaction
for the employee as they act in the proper class of occupation. The
routine of employees who leave their occupation is also reduced,
which decreases labor turnover. 12. For handling payrolls: Either
small business or large systems, human resource managements help in
maintaining payrolls or handling open enrollment season each year.
The employees complete details regarding payments are taken charge
by this squad. They too hire up the obligation to set the pay range
within the establishment. 13. They maintain management cost: The
HRM trims down the management cost with various methods and brings
about best methods for benefits where few of them include health
care coverage. The human resource management also makes a detailed
study on the current status regarding wage setting, by running
through the labor market, employee trends and salary analysis with
the equivalent job functions. For budget constrained organizations
human resource management can be a perfect solution. 14. Minimizing
employee recruitment cost: The cost of recruitment, replacement,
training and ramp up time can be outrageous for organization
especially for small businesses. But the HRM would design a
well-structured recruitment and selection process which helps in
minimizing the key expenses regarding job advertisements, training
and enrolling new employees. 15. Helps you get latest salary:
Another important reason for human resource management to play a
key role is that they recommend in gaining market based salaries,
they determine salary ranges for their organization with the latest
updates and knowledge. 16. They take in a great deal of benefits:
The HR team researches bring in latest updates and recommends for
more of employee welfare programs so that employees are benefited.
When such employee benefit programs are brought to light, the
employees are impressed and stay in the system. 17. Human resource
brings in joy within the employees: The human resource team is the
one who takes up responsibility for events, activities,
celebrations, theater trips, ceremonies and other team development
opportunities. The HR manager is the one who manages the budget and
organizes the event. This brings in joy and relaxation amongst
employees apart from work schedule. 18. They take hands and lead
you in a new way: When your organization has declared for
introducing new products, deviating towards new goals, changing
directions, the human resource team is the one who precedes them
with the new process and plans. They are considered important as
they are responsible for advocating and carrying out strategies for
the fellowship as well as the society. With the new mission the
human resource also helps in achieving strategic goals. 19. Human
resource management recommends using the resources: The human
resource management makes certain that they make proper use of all
the available human and non-human resources. When such available
resources are utilized properly, goals of an organization is
accomplished. Societies who are developed to make proper
utilization of their resources invite the human resource management
to plan for objectives and policies. 20. Organizational
structuring: The relationship carried on between the employees and
management is fixed with the help of organizational structure. It
is the one which assigns tasks for each employee within the
establishment. The projects to be delegated should be within the
stipulated constraint which also packs into account location,
responsibilities, accountability and other relationships within the
system
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The human resource management plays a key role here by supplying
exact and timely data. In this manner human resource management
maintains organizational structure. 21. Humans are respected: The
human resource management is considered significant as they provide
a respectful environment for the employees. The human resource
management makes sure that each employee is provided with respect
and facilities which avoids dominating tendency which in turn
avoids organizational crisis. In this aspect proper respect is
gained at work station. With respect amongst employees, a safe
working environment is upheld. 22. Setting goals is important: On
that point is an individual goal as well as organizational goal
within the employers judgment. When employees have such a goal
conflict, they are not able to perform well, hence human resource
management helps in bridging the gap amongst the employees and
brings in goal harmony. When there is a match between the goals,
resources are used perfectly which concludes in better results. 23.
They bring in discipline and morality: The human resource
management team makes sure that that discipline and moral is
maintained inside the organization through performance based
incentives. By offering such rewards a friendly working environment
through the proper workplace design and assignment of tasks is
obtained. 24. HR contributes to the growth of the country: Growth
of a state is also achieved by means of human resource management.
When an efficacious and dedicated HRM is available, they lead to
effective development and progress to use of natural, financial as
well as physical resources in a proper manner. The experienced and
well-trained human resource makes sure for the maturation of the
country. Effective HRM makes sure the economic process of the
country is maintained and leads to enhanced growth in standard of
living and maximum usage. 25. Friendly, professional level:
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Since the HRM improves quality of life and work, they sustain a
friendly environment in the formation. This passes to professional
development in the system. The healthy relationship amongst team
leads to proper allocation of work amongst employees and enhanced
effects. 26. Creates awareness for employees: The Human resource
department is important because they develop awareness regarding
the workplace and its regarded details. They provide complete
information to employees of their functioning and governance. 27.
Covers many roles: They are significant as they are able to cover
up many functions in an establishment. They take on the executive
role where the HR is considered as a specialist. They meet the
audit function as they monitor and check out other departments to
see if health and safety, staff appraisal, training, are being
preceded with the company HRs policy. Playing the facilitator role,
they serve other departments to accomplish their goals as per the
HR policies. Training is likewise furnished for people management
issues. In the consultancy role, the HR advises the managers on
certain aspects as how to manage issues. In the service role the HR
acts as an information provider where they extend information and
boost awareness about changes in the policy to functional area and
departments. 28. Employee satisfaction survey: The HRM takes
responsibility to achieve employee satisfaction within the
surroundings. They define the point of employee satisfaction. The
employee survey, focus groups and exit interview strategy are a few
aspects where HRM finds out employee dissatisfaction and addresses
those subjects to motivate employees. 29. They focus on performance
management: The human resource management focuses on the employees
performance and scores them in that way. They provide the right job
as per the employees accomplishments and expertise. They compensate
for the ones who are superior in their chores; the HRM does not
blow the organization money on low performing candidates. 30.
Succession planning processes: The human resource management
carries on succession planning which leads the organization to
success in the future. Employees who go with promises and
exceptional capabilities in an organization are committed to
leadership roles which is an important
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function carried on by the HRM. With such important and valuable
pointers, human resource management is considered compulsory. Any
system without them is required to suffer serious issues during
their day to day actions. For the same reason many companies are
taking efforts and setting up strong and effective HRM. Source from
http://content.wisestep.com/human-resource-management-important/ I
hope this post was useful. The above article explains you why human
resource managemnet is important. If you would like to see more
posts like this please click on the link below
http://content.wisestep.com
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function carried on by the HRM. With such important and valuable
pointers, human resource management is considered compulsory. Any
system without them is required to suffer serious issues during
their day to day actions. For the same reason many companies are
taking efforts and setting up strong and effective HRM. Source from
http://content.wisestep.com/human-resource-management-important/ I
hope this post was useful. The above article explains you why human
resource managemnet is important. If you would like to see more
posts like this please click on the link below
http://content.wisestep.com
