Bachelor of Business studies in Logistic & Supply Chain Management
Module: MANAGEMENT OF ORGANISATIONS (MO) Essay Title: MO ASSIGNMENT 1
Submitted by: POH LEONG KIAT
Student Number: 14203900 Lecturer: Dr Evelyn Roche
Submission Date: 09 FEB 2015
According to Byars & Rue (2006), Human Resource Management (HRM) can be defined as a structure or a system of activities which serves to assist the company in the management of their employees at all levels within the organization effectively in order to attain the intended organizational goals.
The Human Resource (HR) Department oversees the management of employees’ welfare and company-related events within the organization. It is also responsible in areas such as handling employee recruitment, training, benefits and welfare based on individual work performances.
In essence, HRM can be identified as the approaches, methods, and processes that influence employees ' etiquette, perspective and achievement (Noe et al., 2014).
Importance of HRM
HRM plays a vital role in handling the relationship between the employer and employees. The common practices are listed below which support various business strategies today to further elaborate the importance of HRM:
i. Selection and Recruitment
Selection and recruitment is essential in providing human capital for the organisation. According to Becker (1964), human capital can be defined as the sum of a person’s knowledge, information, talent and skills which contribute to the achievement of organizational goals.
Recruitment is an initiation by the organization to make themselves noticeable through job vacancies posted on newspaper articles, internet or social media etc. (Noe et al., 2014).
Selection of appropriate candidates for the job through job analysis conducted by the HR department is
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