Human resource management is a management process that involves hiring, recruiting, deploying, training, and managing employees of an organization. Often it is shortly referred to as HR or HRM. Almost all organizations have an HR department. It is responsible for enforcing HR policies or practices. This department governs and oversees the worker’s policies and the relationship between the organization and employees.
Although most people think of Human resource management as just hiring of employees or workers. But HR is far beyond hiring. It involves hiring and recruiting, training and development, performance management, and rewarding and the list goes on.
In every organization HR department or practices exists. However, the number of employees in the department or HR practices may vary from organization to organization. This definitely depends on the size of the organization and the importance that an organization gives to HR. A large organization has a well-dedicated Human resource department whereas, a small organization might have few employees working in it. Although HR practices prevail everywhere.
The importance of Human Resource Management
The role of HRM is to manage people who can effectively work towards the attainment of organizational goals. When HR practices are followed strictly, it helps the professionals to hire people who can achieve organizational objectives.
A company is good if its HR performs well because the company’s productivity totally depends on the human resource of the organization. Poor productivity results in a decline in sales and ultimately results in a loss for the company.
Compensating workers and employees, training and developing employees, and caring for their health and their families boost the morale of workers and employees. They perform better when they believe the organization care for them.
How HR works in an organization
Human resource management work through a team of professional employees, who manage the day-to-day operations of the HR department. Normally HR comprises a dedicated department. The size varies from organization to organization. A large organization has a team of HR specialist, who oversees all the HR operations. The common job titles followed in HR departments are:
- HR assisstant
- HR manager
- Recruiting manager
- Compensation manager
- Talent management specialist
Objectives of Human Resource Management
Key objectives of HR are discussed below:
- Proper and productive use of employees skills to acheive organizational goals.
- Efficient use of skills and abilities of employees.
- Ensure proper training and development of employees.
- Proper and timely communication of company’s rules, policies and procedures to employees.
- Bring a balance between organizational goals and employees satisfaction.
To conclude the discussion, we can say that Human resource management is equally as other department in an organization.