Human resource management is the process of managing people and their skills to achieve organizational goals. It involves various activities such as recruitment, selection, placement and training of employees in an organization. Thus, due to such important role, its importance is quite high. To make you understand the role of HRM deeply, we have broadly divided the roles of Human Resource Management into different categories.
However, if you are studying HRM and have a dissertation to write on the Roles of HRM, then this article is for you. If still you need more guidance, you can take assistance from British Dissertation Help UK experts. Let’s dig into the details without wasting a minute.
Helps In Proper Utilization Of Resources
The role of HR is to help in proper utilization of resources. This can be done by identifying the right people for the job, using them in the right way and at the right time, as well as providing training for those who will be working with them. This helps not only in maximizing productivity but also reduces costs and increases profits.
HR plays a vital role in organizational development and management. For example, it can help identify trends that may affect the organization’s operations and make recommendations to address any issues. This is important because if the organization does not adapt to the changing environment, it could lead to its failure.
Helps In Controlling Labour Costs
HRM helps in reducing the number of workers, absenteeism and turnover. It also helps in reducing the number of workers on leave and maternity leave.
With the help of time and attendance software, you can easily monitor the attendance of your employees. It also helps in improving productivity and reducing the overall cost of labor. Time management is an important aspect of any business. If a company has a proper time management system in place, then it will be easier for them to accomplish their goals.
Helps In Training And Developing Workers
Human resource management is a process of managing the workforce to achieve organization goals. HRM helps in developing skills and improving performance, productivity, quality of work, attitude towards work and morale among others. It also helps in promoting communication between employees so that they can share knowledge with each other for betterment of the organization as a whole.
HRM also ensures that all employees are paid fairly for their work done within an organization so that it does not deviate from its original purpose or mission statement which will be beneficial in the long run.
Helps In Formulating Policies And Procedures
Policies and procedures help in the smooth functioning of an organization. While policies are framed to ensure that all employees are aware of their duties, responsibilities and rights as well as how they will be rewarded for their achievements, procedures outline the way things should be done in a specific context or situation.
Policies can also be used to define what should happen if there is a problem with one or more employees. For example: if an employee has been fired but still owes money to the company after being terminated; what happens next? The answer will depend on whether this was part of his/her contract (in which case he/she must return everything) or whether it was part of his/her employment agreement (in which case he/she must repay only half).
Procedures help define steps required when dealing with certain situations so that everyone involved knows exactly what needs doing at any given time.
Improves The Morale Of Employees
Employee morale is important to the success of an organization. A happy, satisfied employee will be more productive than a dissatisfied one. The same applies to being able to retain these employees in the long run: if you keep your employees happy and satisfied, they're going to stay with you for a long time—and that means more money for your business!
The same goes for customer satisfaction. If your customers are happy with the service they receive, they'll come back and buy from you again. On the other hand, if they're dissatisfied with their experience, they're not going to return—and that means less money in your pocket!
Develops Healthy Relationship Between Management And Union Workers By Mutual Consultation And Cooperation
- Mutual consultation and cooperation: Management must understand the union's point of view. The same goes for the union, which should not only be able to explain its position on certain issues but also be willing to listen and learn from management.
- Mutual understanding: In order for this relationship to work, it's essential that both sides know what they want out of it—and how they can achieve it together. For example, if a company wants more workers who are bilingual (the second language being Spanish), then it might start hiring people with dual citizenship or taking advantage of special programs available at universities where students learn both English and Spanish as part of their studies (such as those offered by Yale University). If a company wants more productivity out of its employees because he believes that training new employees will help boost profits in the long run then he may consider offering incentives such as higher wages or bonuses based on performance metrics during their first year working there instead just relying solely on salary increases for all existing staff members who already signed up earlier this week through HR software solutions like SAP HCM Administration Services.
Helps In Establishing Proper Industrial Relations Within The Organization.
HRM is a mechanism to resolve disputes between employees and management, between union members, or even between union members and management. It helps in establishing proper industrial relations within the organization.
The first step in resolving a dispute is to identify the issues. You can do this through negotiation, conciliation or fact-finding. The next step is to decide on how to resolve the issues. You can do this by:
Through mediation or arbitration. Finally, the parties must agree on the terms of the settlement.
Mediation is a process in which a neutral third party helps the parties in a dispute to reach an agreement. The mediator does not take sides, but works with both sides to help them reach an agreement. You can use mediation at any stage of labor-management relations. Companies use it as a first step to resolve issues between workers and management, or between union members.
Human Resource Management Is Important To Maximize Workforce Productivity, Which Helps Business Success.
Human resource management is an important part of any business. It helps companies maximize their workforce productivity, which is a key factor in business success. HRM also helps improve the quality of work life for employees and managers, builds a healthy relationship between management and union workers by mutual consultation and cooperation, reduces absenteeism among workers through proper scheduling practices or just providing incentives like compensation packages that motivate them to stay at work longer hours if they want to take advantage of these benefits (if they are eligible).
HRM plays a very important role in the organization. You can easily understand the importance of HRM from the following points:
1) It helps in maximizing the employee productivity by providing proper training and development opportunities.
2) It improves quality of work life for employees and managers through mutual consultation, cooperation, etc.
Conclusion
To sum up, HR is an important part of the management team. It has a direct impact on the achievement of the organization’s goals and objectives. With proper human resource management, your company will be able to achieve more in less time. By focusing on employees who understand their role and responsibilities within your organization. Where else, if you need more assistance in writing your dissertation topic, feel free to contact British Dissertation Help UK today!
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