The goals of HRM are clear, consistent and achievable in your organization. Discuss and give real examples.
The term “Human Resources” refers to all employees in an organization. They are the key ingredients to achieving organizational goals.HR professional plays a vital role by adopting some of the best practices in the activities handled by them as below:
Manpower Planning, recruitment and selection: HR professionals assist managers in proper recruitment strategies and staffing. They provide their technical assistance in writing job description, placing of right people at right place, sourcing, screening, interviewing applicants. Sourcing of resume is done through multiple channels – employee referral programs, staffing firms, job portals and the upcoming trend of sourcing resumes through social media. Sourcing resumes from various sources increases the talent pool and increases the chances of recruitment of right talent for the available job.
Compensation and Benefits: HR provides their knowledge by fixing the right pay for any particular job based on the availability of the skill in the market, roles and responsibilities. One value addition in this done by HR is mapping of compensation as per the market conditions like skill availability and the compensation paid by other competitors in the same market. HR also suggests on the benefits to be provided by the organization. Benefits may or may not be a part of total compensation but these benefits can increase the employee morale.
Learning & Development: Employees are in need of sharpening their skills in today’s competitive market. HR focuses on developing the skills in employees which are either lacked by them or which are required by organization. It is not just about skill development but HR is focusing on the overall development of the employee.
Performance Management: This helps the employee to understand their level of competencies required for them to perform their job. This would help in...