Human Resource Management Improves Company Performance
- Author George H. Purdy
- Published October 19, 2007
- Word count 371
The pivotal role performed by human resource management (HRM) is important for the success of all businesses, no matter what their size. Hiring, recruitment and training are just some of the many functions involved, as well as the management of performance related matters.
A company is only as good as its employees. A good human resource manager can ensure that a business hires the type of employees who will help the company prosper and grow. They will find the best and brightest employees. They will also be able to find the employees who would best fit into the company culture and get along with the other employees in a company.
Human Resource Management takes care of another important another important service, namely, managing employee benefits. This area deals with quite a bit of paper processing and also callls for an organized work. Added to this., benefits for employees in the form of various insurance covers are done with privatised insurance companies and it is possible to strike deals, which are competitive and also of the best value for money spent ,both for the employee and the employer.
Human resource management plays an crucial role in accessing and controlling employee morale. Morale is one of the most important intangible for an organization. An efficient hrm team can improve employee morale by using creative programming. Employee get together programs like sports, Christmas parties, picnics etc go a long way in improving employee relationships and team building.
As the saying goes: Good and bad go hand in hand. At times a company can have employees who do not work at an acceptable level. The HR has to intervene in such cases. The human resource team also performs the important function of handling performance issues. The HR can either take disciplinary action against the employee, recommend him to a counseling, or take the decision of letting an employee go. Thus a poorly performing employee can have many options and it always helps to have experts to help in the situation.
A good human resource management team provides many valuable services and functions. All business operates as a team. You have you're employees, your clients, your management, your engineers, and then you have your human resources.
Business success is dependent on human resource management. Hiring, recruitment and training are some of the many functions that it handles. An expert Human Resource Manager is essential; as company performance is related to its employees. A good HR recruits people that suit the company.
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