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IMPORTANCE OF CAREERS IN HUMAN RESOURCE MANAGEMENT - Coggle Diagram
IMPORTANCE OF CAREERS IN HUMAN RESOURCE MANAGEMENT
HRM can be defined as the effective management of people in an organisation.
HR management helps bridge the gap between employees' performance and the organisation's strategic objectives.
An efficient HR management team can give firms an edge over their competition.
Roles of HR managers
Recruitment
The success of an organisation largely depends on the workforce employed, it is essential that the right employe are hired for the right role
Learning and development
Learning is a continuous process and essential to enhance employees' productivity. HR managers are responsible for the orientation and induction of new employees, as well as the professional development of existing employees
Building employee relations
Effective employee relations fo a long way in boosting productivity and contributes significantly to an organisation's success.
Compensation and benefits
A major component of HR manager's job is role is handling compensation and benefits. They are responsible for devising compensation strategies, performance management systems and compensation structures.
Importance of HR managers in organisations
Strategy management
HR managers manage strategies to ensure the organisation reaches its business goals as well as contributing significantly to corporate decision-making process, which includes assessments for current employees and predictions for future ones based on business demands.
Benefits analysis
HR managers work toward reducing costs: recruitment and retention. HR professionals are trained to conduct efficient negotiations with potential and existing employees as well as being well-versed with employee benefits that are likely to attract quality candidates and retaining the existing workforce
Training and development
Strengthening employer-employee relationships. contributes to the growth of employees within the company enhancing employee satisfaction and productivity.
Interactivity within employees
HR managers are responsible for conducting activities, events and celebrations in the organisation which gives way to team building opportunities. Enhances interactivity within employees and instils a sense of trust and respect among peers.
Conflict management
The department to go to when any kind of professional conflict arises between employees is HR. They ensure that issues and conflicts are resolved effectively, approaching the problem with an unbiased attitude and encouraging effective communication to reach a solution, help employees understand various ways of developing effective work relationships and the importance of not letting personal judgement affect their behaviour.
Establishing a healthy work culture
A healthy work culture helps in bringing out the best in employees. HR managers contribute significantly in setting up a healthy and friendly work culture, which further translates into better productivity among employees.
Compliance
HR professionals work towards making the organisation compliant with employment laws, as well as maintaining records of hiring processes and applicants’ log.