Human Resource Management is a key function within a business, focusing mainly on the recruitment of, management of, and providing guidelines to, the manpower in the company. It is the function of the business that deals with staff related concerns within the company in terms of: hiring, compensation, performance, safety, wellness, benefits, motivation and training. Human Resource Management is also a premeditated approach to manage people and the work culture. An efficient human resource management enables the workforce of any business to contribute efficiently towards the overall achievement of the company’s goals. Therefore, as with most business functions, human resource management is extremely important in the success of your business. That is why it is crucial to ensure that your business’ human resources is properly managed.
We have a process through which our human resource department draw, employ and hold our prospective employees.
This is the most challenging task for any human resource manager. To draw, employ and hold the prospective employees a lot of attention and resources are required. Many elements go into this function of recruitment, such as: developing a job description, publishing the job posting, sourcing the prospective candidates, interviewing, salary negotiations and making the job offer.
2. Training and Development:
The human resource department is responsible for on the job training. This function makes the employees understand the process and makes it easy for them to get on their jobs. The results are monitored and measured during the process of the training and development, to find out if the employees require any new skills in addition to what they have.
3. Professional Development:
This is a very important function of Human Resource Management as it helps the employees with opportunity for growth, education, and management training.
4. Compensation and Benefits:
We can attain our goals and objectives if we can acclimatize to new ways of providing benefits to the employees.
5. Performance Appraisal:
The employees will be evaluated by our human resource department as per the performance. This function helps in finding out if the employee we have hired is moving towards the goals and objectives of the organization. On the other hand, it also helps the company to evaluate whether the employees need improvement in other areas.