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

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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.

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