Thursday 19 July 2018

Role of Human Resource Management: key To a successful Organisation.

It is a common perception that Human Resource Management of an organisation is a non productive seat in terms of financial gains. They argue: organisation gets monetary profit from Engineering, Computer applications, marketing and financial experts.So they under estimate Human Resource Management Experts. Reality is that Human Resource Management is key to success of any organisation

Human Resource Management is key to s success Organisation

Human resources Experts are the most important component of a successful business —The role of human resource management in organizations is to organize people so that they can effectively perform work activities.

Human Resource Managers , professionals are consultants, not workers. They advise managers on many issues related to employees and how they help the organization achieve its goals.
Human Resource Managers oversee people as human assets, not costs to the organization. Looking at people as assets is part of contemporary human resource management and human capital management.

Today, smart companies do have a place at the table for Human Resource Managers.The challenge for Human Resource Management , now is in living up to the high expectations that come with the seat – expectations of high impact. It is not easy…

·       Strategic Management

Human Resource Mangers improve the company's bottom line with its knowledge of how the human capital affects organizational success. Leaders with expertise in Human Resource strategic management participate in corporate decision-making that underlies current staffing assessments and projections for future workforce needs based on business demand.

·       Employee Satisfaction

Employee relations specialists in HR help the organization achieve high performance, morale and satisfaction levels throughout the workforce, by creating ways to strengthen the employer-employee relationship. They administer employee opinion surveys, conduct focus groups and seek employee input regarding job satisfaction and ways the employer can sustain good working relationships.

·       Wages and Salaries

HR specialists develop realistic compensation structures that set company wages competitive with other businesses in the area, in the same industry or companies competing for employees with similar skills. They conduct extensive wage and salary surveys to maintain compensation costs in line with the organization's current financial status and projected revenue.
·                              ·       Analyzing Benefits

HR Experts have the skills and expertise necessary to negotiate group benefit packages for employees, within the organization's budget and consistent with economic conditions. They are also familiar with employee benefits most likely to attract and retain workers. This can reduce the company’s costs associated with turnover, attrition and hiring replacement workers.

·       Liability Issues

HR employee relations specialists minimize the organization's exposure and liability related to allegations of unfair employment practices. They identify, investigate and resolve workplace issues that, left unattended, could spiral out of control and embroil the organization in legal matters pertaining to anti-discrimination and harassment laws.
·       Training and Development

The training and development area of HR provides training that supports the company's fair employment practices and employee development to prepare aspiring leaders for supervisory and management roles.
                          ·       Recruitment and Onboarding
Human Resource recruiters manage the employment process from screening resumes to scheduling interviews to processing new employees. Typically, they determine the most effective methods for recruiting applicants, including assessing which applicant tracking systems are best suited for the organization's needs.

·       Working Together

At all levels of the organization, managers and HR professionals work together in developing employees' skills. HR professionals advise managers and supervisors how to assign employees to different roles in the organization, thereby helping the organization adapt successfully to its environment. In a flexible organization, employees are shifted around to different business functions based on business priorities and employee preferences.

·       Building Capacity

To build effective human resources, private companies compete with each other in a "war for talent." It's not just about hiring talent; this game is about keeping people and helping them grow and stay committed over the long term.

Summerising above write up that Human Resource Management is key to

 a successful organisation

This Blog on "Role of Human Resource Management: key To a successful Organisation”, has been shared by Sheeba Siddiqui an H R Expert,and posted by Engr Maqbool Akram. Photos of this blog are from sources at Net with thanks.


GwayERP software said...

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hihellohr said...

HRMS enables efficient data storage, simplifies workflows, and improves communication between HR departments and employees. It often includes self-service portals for employees to access their information and request leave or update personal details.