Importance of HRM in Organizations
Importance of HRM in Organizations
Employees are nurturers of the organization, running every aspect of the business. So,
human resource (HR) management is important as it manages human capital, aligning
individual goals with organizational objectives.
1. Strategic Planning
Effective HRM begins with aligning the human capital strategy with the organization's
overall business goals. HR professionals collaborate with senior management to understand the
organization's vision, mission, and objectives. By analyzing the current workforce, identifying
skills gaps, and forecasting future talent needs, HR ensures that the company has the right
people in the right roles at the right time.
3. Employee Development
Investing in employee development leads to increased job satisfaction and better
performance. HRM designs training programs, workshops, and skill-building initiatives that
empower employees to reach their full potential. By nurturing a culture of continuous learning,
HR professionals foster innovation and adaptability within the workforce.
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4. Performance Management
Performance management involves setting clear performance expectations, providing
regular feedback, and conducting performance appraisals. HRM plays a crucial role in
designing performance appraisal systems that accurately evaluate employees' contributions.
Constructive feedback and goal-setting aid in employee growth, while addressing
underperformance ensures that the organization maintains high standards.
5. Employee Relations
A harmonious work environment is vital for productivity and employee well-being.
HRM acts as a mediator between management and employees, handling conflicts, grievances,
and disciplinary actions. By promoting open communication and fair treatment, HR
professionals cultivate a positive workplace culture where employees feel valued and respected.
7. Legal Compliance
Navigating complex labor laws and regulations is a critical aspect of HRM.
Professionals in this role ensure that the organization operates within legal boundaries
concerning employment practices, health and safety regulations, and equal opportunity policies.
This proactive approach protects the company from potential legal issues and maintains ethical
standards.
Human Resource Management plays a multifaceted role in modern organizations,
transcending administrative tasks to become a strategic partner in achieving business success.
From recruiting the right talent to fostering a positive work environment and ensuring legal
compliance, HRM influences every aspect of an organization's journey. By embracing these
seven roles, companies can unleash the full potential of their human capital and create a thriving,
competitive, and innovative workforce.
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Importance of Human Resource Management
Human resources are important to organizations in myriad areas, ranging from strategic
planning to company image. HR practitioners in a small business who have well-rounded
expertise provide a number of services to employees. The areas in which HR maintains control
can enhance an employees’ experience throughout the workforce while strengthening business
operations.
1. Strategic Management
HR improves the company's bottom line with its knowledge of how human capital
affects organizational success. Leaders with expertise in HR strategic management participate
in corporate decision-making that underlies current staffing assessments and projections for
future workforce needs based on business demand.
3. Analyzing Benefits
Benefits specialists can reduce the company’s costs associated with turnover, attrition
and hiring replacement workers. They are important to the organization because they have the
skills and expertise necessary to negotiate group benefit packages for employees, within the
organization's budget and consistent with economic conditions. They also are 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.
7. 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.
9. Hiring Processes
HR professionals work closely with hiring managers to effect good hiring decisions,
according to the organization's workforce needs. They provide guidance to managers who aren't
familiar with HR or standard hiring processes to ensure that the company extends offers to
suitable candidates.
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10. Maintaining Compliance
HR workers ensure that the organization complies with federal state employment laws.
They complete paperwork necessary for documenting that the company's employees are
eligible to work in the U.S. They also monitor compliance with applicable laws for
organizations that receive federal or state government contracts, through maintaining applicant
flow logs, written affirmative action plans and disparate impact analyses.
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Assignment II
Most Valuable Assets for Every Organization as Human Resources
Human resources are the most valuable assets of any organization, with the machines,
materials and even the money; nothing gets done without man-power. In today’s business
climate, businesses are faced with stiff internal and external competition. There are various
human resource functions that give an organization a competitive edge, but most scholars argue
that human resource functions become only operational when training has run through them
all.
Schwetje, G., Vaseghi, S. (2007). The Business Plan: How to Win Your Investors'
Confidence. Germany: Springer Berlin Heidelberg.
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5. They are the nurturers of the organization.
Employees are the ones who give their heart and soul to an organization. Similar to how
parents raise their children, employees nurture their organization with their values and
endlessefforts to take it to the top. Employees don’t just nurture the organization; they
also make it a fun place to work. It is much more fun to work with other people than by
self in a vacuum. employees make business more fun for you and for their fellow
employees, motivating each other to do their best.
9. Employees are major contributors to the profits and worth of the organization.
It goes without saying, but employees can’t be given a monetary value for the effort
they put in to help the business earn profits. This results in excellent customer reviews
and creates brand loyalty from customers. Therefore, employees are the most valuable
assets an organization has. It’s their abilities, knowledge, and experience that can’t be
replaced. So, goingforward, organizations need to place emphasis and importance on
the contribution that employees have in order to propel themselves ahead.
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10. Employees help delegating tasks.
Employees have the ability to delegate tasks based on their skill sets. Let each employee
focus on the tasks that are most in line with their skill sets, maximizing their efficiency.
Even more importantly, delegating tasks frees up time to focus on the things that only
can do.
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Assignment III
Human Resource Management Definitions
Bratton and Gold (2007), defined HRM as a strategic approach to manage employment
relations, which emphasizes that leveraging people’s capabilities is critical to achieve
competitive advantages, this is being achieved through a distinctive set of integrated
employment policies, programmes and practices.
Business Studies Class 12 - [Bihar & JAC]. (2022). (n.p.): SBPD Publications .
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an-resource-management%2Fdefinition-of-human-resource-management%2F31830&usg=AOvVaw1L0YKlgz5-
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According to French Wendell- “Personnel management is a major component of the
broader managerial function and has roots and branches extending throughout and beyond each
organization. It is a major sub-system of all organizations.”
Byars and Rue – “Human resource management encompasses those activities designed
to provide for and coordinate the human resources of an organization Human resourcefunctions
refer to those tasks and duties performed in organizations to provide for andcoordinate human
resources”.
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Assignment IV
Functions of Human Resources Management
HR functions can vary depending on industry, businesses size and the types of workers
employed. In most cases, the primary objectives are to acquire and cultivate talent and improve
communication and cooperation among workforce members. Other key human resource
management functions include:
1. Job analysis
Determining the skills and experience necessary to perform a job well may makeit easier
to hire the right people, determine appropriate compensation and create training
programs.
2. Workforce operations
Creating health and safety policies, responding to employee grievances, working with
labor unions, etc., can help support regulatory compliance.
3. Performance measurement
Evaluating performance is important because it not only fosters employeegrowth
through constructive feedback, but also serves as a guide for raises, promotions and
dismissals.
4. Incentive programs
Recognizing achievements and rewarding high performers with bonuses and other
perks is a proven way of motivating employees to take ownership of business
objectives.
5. Professional development
From orientation to advanced educational programs, employee training serves to
improve productivity, reduce turnover and minimize supervisory needs.
International Human Resource Management: A European Perspective. (2008). United Kingdom: Taylor &
Francis.
A Textbook of Human Resource Management. (2009). India: Vikas Publishing House Pvt Limited.
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6. Human resource planning
The HR function is all about knowing the future needs of the organization. Whatkind of
people does the organization need, and how many? Knowing this will shape
recruitment, selection, performance management, learning and development, and all
other Human Resources functions.
9. Career planning
The function of Human Resources Management is career planning, guidance, and
development for employees, together also referred to as career pathing. For the
organization, there are the benefits of better succession planning, higher productivity,
and a stronger employer brand. “Organizations often prefer to source talent internally,
promoting existing employees whenever possible,” said Ben Schwencke, Business
Psychologist at Test Partnership.
Hornsby, J. S., Kuratko, D. F. (2002). The Human Resource Function in Emerging Enterprises. United States:
South-Western/Thomson Learning.
Phillips, J. M., Gully, S. M. (n.d.). Human Resource Management. United States: Chicago Business Press.
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10. Function evaluation
Function evaluation is a technical aspect of HR. It involves comparing various parts of
the overall HR operation. This can include the quality, and availability of workers, job
location, working times, the economic situation, job responsibilities, and how much
value a job adds to your organization. The ideabehind function evaluation is that similar
jobs should be rewarded similarly.
Lovelock, C., Wirtz, J. (2014). Services Marketing: People, Technology, Strategy. United States: Pearson
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Assignment V
Good Job Advertisements
(1) Clear Job Title: The job title should accurately reflect the role and responsibilities to
attract the right candidates.
(2) Concise Job Summary: A brief overview of the job, including key responsibilities and
qualifications, helps candidates quickly determine if they are a good fit.
(3) Compelling Job Description: Provide a detailed description of the role, including specific
duties, expectations, and any unique aspects of the job. Highlighting opportunities for growth or
advancement can also be appealing.
(4) Requirements and Qualifications: Clearly outline the skills, experience, education, and
any other qualifications necessary for the job. Be realistic about what is required versus what is
preferred.
(5) Company Information: Briefly introduce the company, its mission, culture, and any
notable achievements or benefits of working there. This helps candidates understand the
company's values and whether they align with their own.
(6) Salary and Benefits: While not always included, providing a salary range and details about
benefits can attract candidates who are a good fit both professionally and financially.
(7) Application Process: Clearly explain how candidates should apply for the position,
including any required documents or steps. Providing contact information for inquiries can also
be helpful.
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(8) Inclusive Language: Use language that is inclusive and free of bias to attract candidates
from diverse backgrounds.
(9) Engaging and Professional Tone: The tone of the advertisement should be professional
yet engaging, conveying the company's culture and values.
(10) Call to Action: Encourage qualified candidates to apply by including a clear call to action,
such as "Apply Now" or "Submit Your Resume."
The Ideological Evolution of Human Resource Management: a Critical Look into Hrm Research and Practices
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5. Graphic Designer at Design Dynamics
Are you a talented designer with a keen eye for aesthetics? Join our creative team to
produce visually stunning designs for our clients across various industries. If you're passionate
about design and love turning concepts into captivating visuals, apply now to showcase your
skills!
The Ideological Evolution of Human Resource Management: a Critical Look into Hrm Research and Practices
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10. Restaurant Manager at Culinary Delights
Are you passionate about the culinary industry and experienced in restaurant
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The Ideological Evolution of Human Resource Management: a Critical Look into Hrm Research and Practices
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Assignment VI
Good Job Advertisement
From my perspective, a good job advertisement serves as a gateway to attracting top talent
and shaping the overall perception of a company. It's not just about listing job requirements but
about painting a vivid picture of what it's like to work within the organization. Clear, concise
language outlining the role's responsibilities, qualifications, and expectations is essential to
ensure that potential candidates understand what the position entails. Moreover, an effective job
ad should showcase the company's culture, values, and unique selling points to entice candidates
who align with its ethos. Inclusivity in language and outreach efforts can help broaden the
candidate pool, contributing to a more diverse and equitable hiring process. A compelling job
advertisement not only attracts a high volume of applications but also filters out unqualified
candidates, saving valuable time and resources for hiring teams.
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Assignment VII
Different Positions of HR Department
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7. HR Coordinator/Administrator: Provides administrative support to the HR department,
including maintaining employee records, processing payroll, and assisting with HR-related
inquiries. They may also handle scheduling interviews, organizing training sessions, and
coordinating employee events.
8. HR Analyst: Analyzes HR data and metrics to provide insights into workforce trends,
employee engagement, and performance. They may also develop reports, dashboards, and
forecasts to support strategic decision-making within the organization.
9. HR Business Partner: Works closely with business leaders and managers to align HR
strategies with organizational goals. They provide HR support and guidance on issues such as
workforce planning, talent management, and organizational development.
10. Labor Relations Specialist: Focuses on managing relationships with labor unions and
ensuring compliance with collective bargaining agreements. They may negotiate contracts,
resolve disputes, and represent the organization in labor-related matters.
These positions collectively contribute to the effective management of human capital within an
organization, supporting its overall mission and objectives. While many HR positions are
common across organizations, some unique HR roles have emerged to address specific needs or
trends within the workforce. There are a few examples of unique HR positions:
1. Chief Culture Officer (CCO): This role focuses on shaping and nurturing the
organizational culture. The CCO ensures that company values are integrated into all aspects of
the business, from hiring and onboarding to performance management and employee engagement
initiatives.
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3. Remote Work Coordinator: With the rise of remote work, some companies have
introduced a Remote Work Coordinator position to oversee the needs of remote employees. This
role involves facilitating communication and collaboration among remote teams, managing
virtual resources, and ensuring that remote workers have the necessary support and infrastructure
to be productive.
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