The term human resource management is something you may have heard in the past but not quite sure what it means. Human resource management, which is simply called HRM by most people now defines a wider area in business than it used to, human resource management
has been used to control all the functions related to workers, which includes their welfare and job responsibilities. HRM has now become a very integral part of a business organization, which has to interface with all the departments of an organization, in order to get the maximum productivity from all employees. The general idea behind HRM process is so businesses can get a good return on investment by properly handling the management of their workforce.
In order for any business to achieve reasonable success, there has to be the HRM process in place which can be aided by software
, and some of the human resource management functions that can be implemented by HR managers to get better results are explained below.
Performance monitoring and management
One of the responsibilities of the HRM is to monitor and manage the performance of employees in an organization. This is achieved by identifying the strengths and weaknesses of each employee in the organization, which can in turn help the HR manager to properly assign tasks to them or provide training as needed. Constantly evaluating the performance of employees in an organization is important especially when it comes to increasing productivity and return on investment.
Choosing the right employees
Recruiting and retaining the right employees for the organization is also one of the major functions of the HRM. It is important to understand that highly qualified people can take your business to the next level, when you have them working for you, and this becomes necessary to hire and retain only qualified individuals to work for your company. Being thorough at the initial stage of recruitment by the HR manager is a must, because this will help in rooting out applicants with outstanding criminal records or medical conditions that can make them unproductive when hired.
Human resource control
It is the function of the HR to create and maintain rules and regulations, policies to control the staff of the organization. There has to be rules in place to handle things such as leave policies, behaviors and other procedures in the organization. Having such policies in place is important for the success of every organization. It is also the responsibility of the HRM to keep the records of employee expectations; hence it is very important to balance employee and the organization’s expectations.
HRM has the job of motivating employees through the introduction of incentives and rewards, which should be provided for each level and for every employee in the organization. They need to be varied based on the levels, department, responsibilities, performances and goals. For example, you can make the salary of a sales executive to be basic, but commissions given to their performances can motivate the person to work more effectively and achieve sales targets. The goal of HR is to develop a successful business with employees that are satisfied at all times and hence always highly productive.