Term Paper

Topics: Human resource management, Human resources, Management Pages: 9 (1555 words) Published: June 12, 2013
Kryssia Laine B. Abulencia
BSBA-HRDM 3 A

Importance and Definition of Human Resources Management

DEFINITION OF HUMAN RESOURCES MANAGEMENT

Human Resource Management refers to the activities of a specialist staff that are responsible for the personnel objectives of the organization. It is the process of managing people in organizations in a structured and thorough manner. This covers the fields of staffing (hiring people), retention of people, pay and perks setting and management, performance management, change management and taking care of exits from the company to round off the activities.

References:

Joshi, Mohaman (2013). Human Resource Management. Ventus Publishing ApS. p. 9. ISBN 978-87-403-0393-3

http://www.managementstudyguide.com/human-resource-management.htm

IMPORTANCE OF HUMAN RESOURCES MANAGEMENT:

It provides assistance in HRM matters to line employees, or those directly involved in producing the organization’s goods and services.

there can be clear vision, and opportunity will not be squandered.

Without it, resources will be wasted, and a workforce's full potential will remain woefully untapped. Acquiring the right talent is the key to building a company's leadership pool.

This puts more rigor and precision in the decision-making process.

Recruitment and Training

This is one of the major responsibilities of the human resource team. The HR managers come up with plans and strategies for hiring the right kind of people. They design the criteria which is best suited for a specific job description. Their other tasks related to recruitment include formulating the obligations of an employee and the scope of tasks assigned to him or her. Based on these two factors, the contract of an employee with the company is prepared. When needed, they also provide training to the employees according to the requirements of the organization. Thus, the staff members get the opportunity to sharpen their existing skills or develop specialized skills which in turn, will help them to take up some new roles.

Performance Appraisals

HRM encourages the people working in an organization, to work according to their potential and gives them suggestions that can help them to bring about improvement in it. The team communicates with the staff individually from time to time and provides all the necessary information regarding their performances and also defines their respective roles. This is beneficial as it enables them to form an outline of their anticipated goals in much clearer terms and thereby, helps them execute the goals with best possible efforts. Performance appraisals, when taken on a regular basis, motivate the employees.

Maintaining Work Atmosphere

This is a vital aspect of HRM because the performance of an individual in an organization is largely driven by the work atmosphere or work culture that prevails at the workplace. A good working condition is one of the benefits that the employees can expect from an efficient human resource team. A safe, clean and healthy environment can bring out the best in an employee. A friendly atmosphere gives the staff members job satisfaction as well.

Managing Disputes

In an organization, there are several issues on which disputes may arise between the employees and the employers. You can say conflicts are almost inevitable. In such a scenario, it is the human resource department which acts as a consultant and mediator to sort out those issues in an effective manner. They first hear the grievances of the employees. Then they come up with suitable solutions to sort them out. In other words, they take timely action and prevent things from going out of hands.

Developing Public Relations

The responsibility of establishing good public relations lies with the HRM to a great extent. They organize business meetings, seminars and various official gatherings on behalf of the company in order to build up...


References: Rashida. STUDY MATERIAL / GUIDELINES For B. Com. 3rd Year Students In the Subject of FUNCTIONAL MANAGEMENT
http://www.slideshare.net/hemanthcrpatna/human-resource-management-e-notes
http://www.websukat.com/pdf-files/Human-resource-management/nature-and-scope-of-HRM.pdf
http://www.st-andrews.ac.uk/careers/wiki/General_Management
Nature an Scope of Management Chapter 1, p.5-6. www.newagepublishers.com
https://www.boundless.com/management/human-resource-management-1/core-functions-human-resource-management/
http://www.citehr.com/94179-functions-personnel-managers-career-planning.html
Brief History of Human Resources Management in the Philippine Setting
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