What is the Value that Human Resource Management Adds to an Organization

926 Words2 Pages
bulb-icon

Recommended: HR practices and their effect on organizational performance

To make employees more valuable for the organization we need to go through some process for hiring and employee development. Human Resource Management (HRM) contains job analyses, planning personnel needs, recruiting the right people for the right place, orientation and training, handling wages and salaries, benefits and incentives, evaluating performance, managing disputes, and proper communicating with all employees. The HR management must have extensive knowledge about the industry, leadership, negotiation skills etc. The 10 popular HRM practices by the author to enhance performance are: 1. Selection: The very first thing is to select appropriate employee for proper place which is the most critical step. By selecting appropriate employee we can build a productive workforce. So we need to implement right process systematically to find people with right set of knowledge, abilities and skills. It is more important because of proper job fit between organization and that person. So selection is the process through which employers identify knowledgeable, skilled and perfect employees who can be the best fit for organizational values. 2. Compensation: Compensation is related with employee’s financial need and demand. High compensation means high-KSA employees. Higher compensation helps retain talent. Now it is competitive world, if skilled employee quit his /her job then he can get a good job within short time. Before joining any organization every employee think about their compensation to choose the job. Compensation level is thus among the most important dynamics affecting job choice. Finally as a good employees they have to think about compensation to retain higher quality employees. 3. Training: To improve capacity of indivi... ... middle of paper ... ... outline the various methods available. It is more authenticated and helps to take decision. In short, meta-analysis study permits researchers to draw conclusions in which there is much better confidence than what can be drawn from any single study. Answer: C From this article I have found human resource management adds significant values for organizations. For this, I do agree with the author’s perspective about the implications for managers. At the first step author discussed about KSA enhancing practice, then empower enhancement practice and finally motivational enhancing practice. Here HRM are the main assets of the organizations. Not only that, in HRM practice employees are given change to get involve in decision making process. Through this employees are influenced towards their best productivity. So we can say HRM have great influence in every industry.

Show More
Related

  • Human Resource Management

    1115 Words  | 3 Pages

    Human Resource Management is the management process of an organization's workforce, or human resources. It is responsible for the assessment, attraction, rewarding, selection, and training of employees, while also overseeing organizational culture and leadership and ensuring compliance with employment and labor laws ("Human resource management," 2014). Human Resources is the set of individuals who make up the workforce of a business sector, economy or an organization. There are five items on the strategic plan that are the responsibility of Human Resource Management:

    Read More

  • The Importance Of Human Resources

    774 Words  | 2 Pages

    Whether an organization consists of five or 25,000 employees, human resources management is vital to the success of the organization. HR is important to all managers because it provides managers with the resources – the employees – necessary to produce the work for the managers and the organization. Beyond this role, HR is capable of becoming a strong strategic partner when it comes to “establishing the overall direction and objectives of key areas of human resource management in order to ensure that they not only are consistent with but also support the achievement of business goals.” (Massey, 1994, p. 27)

    Read More

  • Human Resources at Proctor and Gamble

    1821 Words  | 4 Pages

    Human resource management (HRM) encompasses the activities of acquiring, maintaining, and developing the organization's employees (human resources). "The traditional view of these activities focuses on planning for staffing needs, recruiting and selecting of employees, orienting and training staff, appraising their performance, providing compensations and benefits, and making their career movement and development." HRM involves two aspects:...

    Read More

  • Recruitment and Hiring Process

    581 Words  | 2 Pages

    According to Noe (2012), most experts believe that the most important human resource decision makes by a leader is deciding who to hire. Manager manages the recruitment and selection process. Selection for the best candidates for the job is very important in an organization because the performance always depends on employees, the recruiting and hiring is costly and the legal obligations like mismanaging hiring has legal consequence. The main aim of employee selection is to achieve person-job fit which is identifying the knowledge, skills, abilities (KSAs), and competencies that are central to performing the job. The objective of effective selection is to decide who the right people are, by matching individual characteristics (ability, experience, and training) with the requirements of the job (DeRue & Morgeson, 2007; Kristof -Brown, Zimmermam, & Johnson, 2005). The manager will do checking for reliability and validity of the interviewer. In PPNJ Poultry & Meat Sdn Bhd, the people who manage the recruitment and selection process is the Human Resource department or staffs.

    Read More

  • Recruitment Analysis

    944 Words  | 2 Pages

    ...ding task of interviewing, selecting and hiring employees. On the other hand, the standardization of each candidate and his skills for company's human resources department, in the end to select the best candidate for the job is very challenging. Making the wrong choice choosing the non capable candidate will be also costly. The employee selection procedure are many notification or advertising, reviewing, screening, interviewing, testing so we can select the best candidate who applied for that job.

    Read More

  • The Importance Of HRM

    1484 Words  | 3 Pages

    It seems that HRM is so crucial to the organization, for what it does has nearly covered all aspects of the business – from strategic planning to the training and development, but unfortunately, its importance has not been accepted by everyone. As proposed by Morton, C, Newall, A. & Sparkes, J. (2001) there are three different views of HR function within the...

    Read More

  • Human Resources Management: The Challenges Of Human Resource Management

    777 Words  | 2 Pages

    According to our textbook Human Resource Management (HRM) is the policies, practices, and systems that influence employees’ behavior, attitudes, and performance. “The human resources management process involves planning for, attracting, developing, and retaining employees as the HRM planning provides the rights kinds of people, in the right quantity, with the right skills, at the right time (Lussier, 2012, p. 240).” According to our textbook the typical responsibilities of the Human Resources department fall into three categories, and they are administrative services and transaction, which handle hiring employees. The second involves business partner services that focus on attracting, evolving, retaining employees by having a clear understanding

    Read More

  • Compensation And Benefit System Essay

    962 Words  | 2 Pages

    In large organisation, competition is not only in the market for goods and services but also for the quality of employees. As such, a large organization can only become attractive to the most skilled and high quality workers if it has an effective compensation and benefit plan. The key purpose of an effective compensation and benefit system is to provide employees with the right rewards for their work and right behavior in the workplace. Typically, organizational success is determined by the quality of employees an organization has. In turn, the organization can only attract such quality workers and maintain them through effective compensation and benefit

    Read More

  • Human Resources Management (HRM) and Organisational Performance

    1614 Words  | 4 Pages

    Human Resources Management (HRM) have been increasing aware by Business Studies and Organisation Management approaches because it closely related to organisational daily and organisational performances (Kalleberg & Moody, 1994). Human resources practices are suggested have influences on improving organisational performances in most organisations. Basically, oorganisational performances refer to the outcomes of employees performances and daily working which reflect the ability of one organisation fulfil its objectives and goals, such as employee’s performances, productivities, employee’s job satisfaction, financial outcomes (Huselid, 1995).

    Read More

  • Human Resource Management In The Workplace

    796 Words  | 2 Pages

    Human Resource Management (HRM) can be defined as “the set of programs, functions, and activities designed and performed in order to capitalize on both employee as well as organizational effectiveness. It is a management function that helps organization in recruiting, selecting, and training, developing and managing

    Read More

  • Human Recruitment Process: The Human Resource Management Process

    1011 Words  | 3 Pages

    Selection is a process of choosing the right person for the job from a group of applicants.Choosing the right person for the job is critical to the organization,for appointing the wrong person for the job can be costly for the organization and demotivating for the employee concerned. Selection techniques for assessing job applicants include : 1. Interviews

    Read More

  • History Of Human Resource Management

    1379 Words  | 3 Pages

    Human resource management is the strategic and coherent approach to the management of an organization's most valued assets - the people working there who individually and collectively contribute to the achievement of the objectives of the business. The terms "human resource management" and "human resources" (HR) have largely replaced the term "personnel management" as a description of the processes involved in managing people in organizations. Human Resource management is evolving rapidly. Human resource management is both an academic theory and a business practice that addresses the theoretical and practical techniques of managing a workforce. (1)

    Read More

  • History Of Human Resource Management

    1796 Words  | 4 Pages

    Human Resource Management (HRM) is fundamentally another name for personnel management. It is the process of making sure the employees are as creative as they can be. HRM is a way of grouping the range of activities associated with managing people that are variously categorised under employee relations, industrial/labour relations, personnel management and organisational behaviour. Many academic departments where research and teaching in all these areas take place have adopted the title department of human resources management. HRM is a coordinated approach to managing people that seeks to integrate the various personnel activates so that they are compatible with each other. Therefore the key areas of employee resourcing, employee development, employee reward and employee involvement are considered to be interrelated. Policy-making and procedures in one of these areas will have an impact on other areas, therefore human resources management is an approach that takes a holistic view and considers how various areas can be integrated.

    Read More

  • Recruitment And Selection Process Essay

    1176 Words  | 3 Pages

    ...n process is very important for an organization to hire new members, as employees need to select the right person to do the right job. Therefore, employees need to read through applicant’s document and qualifications, hence organize an interview to be more close with the applicant, to know more about the applicants, see if they are suitable for the job position. Selection process can help the employees not to make wrong decisions, this is a good opportunities to assess skills, aptitude and abilities. (John, 2007)

    Read More

  • Internal And External Factors Affecting Human Resource Management Essay

    2237 Words  | 5 Pages

    HRM comprises a set of policies designed to maximize organizational integration, Employee commitment, flexibility and quality of work. (Guest, 1987) as cited by (Armstrong, 2009) this statement entails that HRM function has policies to guide its activities, if these policies are well integrated with the strategy of the organization, it can enhance employee commitment and result in quality of work, as cited by (Armstrong, 2009) that the overall purpose of human resource management is to ensure that the organization is able to achieve success through people, however the function of HRM is affected by several other factors, this essay will look at three Internal and external environmental factors affecting HR Specialist.

    Read More

More about What is the Value that Human Resource Management Adds to an Organization

Open Document