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Gain competitive advantage (Development (Build personal capability,…
Gain competitive advantage
Compensation
Keep employees motivated through pay
Reward performance with incentives
Differentiate company from others by competitive benefits
Company's commitment to employees will result in employee's commitment to company
favourable pay structure is a good business strategy
Positive work environment
Increases productivity
Development
Build personal capability
Mututally beneficial
Advancement of employment career
Employee retention
Builds competitive employees
Promotes motivation
Makes employees feel like part of a family
Performance Management
Mutually beneficial to employee and employer
Ensure performance is maintained
Praise or correct behaviour
Training
Ensure employees are skilled and knowledgeable
Can perform to their task and obligations
Selection and retention
Competent and competitive employees
Ensure the right people for the right position
Legal
equal employment opportunity
prevents law suits and bad publicity
promotes diversity
improve productivity and efficiency
sexual harassment
promote safety
regards employees as part of family
synonymous with productivity and performance
less long-term costs
attract increased labour
Job analysis and work design
translates strategic and operational goals into jobs and person spec
ensures correct selection of people
ensures job roles are congruent to strategy
improve work-flow of processes
improve organisation structure to be more efficient
links selection process to strategy business objectives
Planning and Recruitment
right number of staff with requisite knowledge and skills at the right time
achieve strategic goals
overcome the sustainability challege in volatile market