Human Resource Management
Human Resource Management is critical to the survival and well being of any organization because Human Resource Management maintains a delicate balance between an organization’s objectives and its workers satisfaction and contentment. Human Resource Management formulates strategies according to the design of the company to accomplish set forth goals with things in mind as employee morale, human nature, emotional intelligence and observation. These strategies are the following: Recruitment and hiring, orientation compensation and benefits, training, performance evaluation, motivation, health and safety.
Human Resource Management performs the most important task ...view middle of the document...
Human Resource Management armed me with the necessary knowledge to start my job and continue to carry out my job successfully.
The talents and capabilities of any employee need training over and again. Human Resource Management realizes that training employees makes them better more efficient workers, which in turn benefit the organization as a whole. As the organization benefits it rewards its employees and boosts morale, and that boosts production and profit. An example is training an employee on a new piece of equipment to increase production, and profit. The company will then reward the employee by either monetary means such as pay increase or a cash bonus, or non-monetary means (Fringe Benefits), such as extra vacation time, shares in the company stock, continuing education reimbursement or possibly an increase in the company contribution for the 401K plan. These are all designed by Human Resource Management to increase worker contentment and morale and upsurge company production and profits.
Part of Human Resource Management’s job is to set in place a system to evaluate each employee’s performance throughout his or her duration on the job. This system measure the employee’s effectiveness at his or her set tasks. By evaluating an employee’s skills Human Resource Management can dictate whether this specific employee needs retraining or they are no longer effective in their chosen job and might need relocation to a different job or let go from the company.
Human Resource Management utilizes other motivational techniques to retain well seasoned loyal employees, such as, peer coaching, mentoring, internships and skill assessment programs. Peer coaching helps the employee to attain new set of skills he or she might not have, or enhance a skill already present. Those new or enhanced set of skills provide the company with a more efficient...