Saturday 31 August 2013

Why Human Resource Management Is Important?

By Vandana Dhawan


Human resource management (HRM) is a very important function in any business firm. It is responsible for many important activities in an organization to drive it to the success. One main responsibility of HRM is recruitment and selection. HR department must identify job vacancies in an organization and fill those vacancies from qualified workers. The human resource department is also responsible to maintain quality employee performance in the organization.

Suitable trainings should be given to newly recruited people and they should also educate with company rules, procedures and functions.

In addition to this, they should always evaluate the employee performances and identify strengths and weaknesses of the workforce. HRM should organize training and development programs to improve skills and knowledge of weak employees or new bloods. It should also attend issues related to employees and maintain their performances at a higher level.

Maintaining good employee relationships is another responsibility of HRM. The main objective of employee relations is increasing productivity by making satisfied employees. It will also help to increase employee retention.

Managing the entire workforce of a particular organization by setting rules, regulations, policies and procedures are the next job of human resource management. The human resource department always works to achieve organizational goals. It controls the entire workforce and encourages them to achieve business goals.

Many firms fail to identify real problems in their processes and the things that generate those issues. Such instances, correct human resource management practices and human resource managers are becoming important. Effective HR policies always set according to the company goals because, the main aim of HRM is improving business operations and maximizing profits. These goals will be achieved by making their employees happy and by improving their efficiency.

With new technological trends and globalized market, driving the workforce for their maximum outputs can be only done by effective HR strategies. Hiring correct employees, improving their skills, monitoring their performances, giving proper trainings and encouraging them with rewards are vital activities that should be done in all business organizations. All these vital activities can only be done through effective human resource management.

Therefore, HRM is very important business function and it is absolutely necessary for the development of any business firm.




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