The Importance of Human Resource Management

Human resource management is embedded with the responsibility of hiring, recruiting, managing and deploying employees in an organization. It is a strategic approach of managing people in an organization effectively and efficiently.

Human resource management is also known as HR. The goal of an HR is to make use of its employees effectively and efficiently and to reduce the risk of employee turnover by focusing on their interests, policies and systems. The functions of HRM are : training and development, hiring and recruiting, creating a safe work environment, managing employee benefits, creating a relation between employer and employee etc. If you are looking for a ctc calculator, you can find one here.

Role of HR Managers

The role of HR managers are –

• Recruitment

The important role of an HR manager is to recruit the right employee for the right job. The organization depends upon its employees for their success. Hiring an efficient employee is entrusted to the HR manager.

• Learning and Development

The HR manager is responsible for giving the right training programs to its employees based on their experience. HR managers should develop and upskill its employees’ performance to achieve the organization’s goal.

• Building employee relations

Developing and maintaining a good employee relations boosts the overall productivity of employees towards its organisation. Organization success can be achieved through effective employee relations. 

• Compensation and Benefits

Compensation and benefits are planned by the HR manager in such a way to motivate the employees to perform effectively.

Importance of HR in an Organisation

The importance of HR in an organisation –

• Strategy Management

HR managers with their knowledge manage strategies to ensure the organization reaches its goal by effectively making use of its human capital. HR managers participate in the corporate decision making by assessing the current employees and by making predictions for future employees based on the business demands.

• Benefit Analysis

HR managers help the organization in reducing the cost of recruiting and retention by conducting negotiations with the potential and existing employees. They attract and retain the employees with the employee benefits.

• Training and Development

HR managers contribute to training and development programmes. They strengthen employee-employer relations which leads to the growth of the employees by enhancing productivity and satisfaction.

• Interactivity within employees

The interactivity between the employees is developed by conducting events, functions etc by the HR manager.

• Conflict Management

It is the responsibility of the HR to resolve the conflicts of employees as well as that of different departments. HR managers encourage effective communication as well as not letting the personal judgements affect their behaviour.

• Establishing a healthy work culture

Developing a healthy work culture for the employees to perform effectively and efficiently is the responsibility of the HR manager. This helps to bring the best out of the employees.

• Compliance

HR managers should ensure that the organization complies with the government laws. And they should maintain the records of the hiring process and log of the employees.

Conclusion

The most important role in every organization is performed by the HRM. The overall purpose of the HR is to achieve the organizational goal with its efficient employees.