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Key functions of Human Resource Management (HRM) - Coggle Diagram
Key functions of Human Resource Management (HRM)
Employee Onboarding
Facilitating the orientation and integration of new employees into the workplace
HR Strategic Planning
Developing HR strategies that align with the organization's overall goals and objectives
Performance Management
Setting performance goals
Conducting appraisals
Providing feedback to enhance employee productivity and development
Recruitment & Selection
Attracting qualified candidates for job openings
Hiring qualified candidates for job openings
Sourcing qualified candidates for job openings
Training and Development
Designing training programs
Ensuring the continuous skill development of employees
Identifying training needs
Employee Benefits Administration
Managing employee benefits programs
Retirement plans
Healthcare
Leave policies
Employee Communication
Facilitating effective communication between management and employees
HR Analytics
Using data analysis to make informed decisions related to workforce planning, performance, and productivity
Employee Records on Documentation
Maintaining accurate and confidential records of employee information
Termination and Separation
Handling employee terminations
Exit interviews
Legal requirements related to separation
Workforce Planning
Aligning staffing levels with organizational needs
Strategizing for future workforce requirements
Compensation and Benefits
Designing and managing salary structures
Manage bonuses, and benefits packages to attract and retain talent.
Employee Engagement
Implementing strategies to enhance employee motivation
Finding ways to improve satisfaction and commitment of employees to the organisation
Talent Management
Identifying high-potential employees
Developing career paths
Succession planning
Employee Relations
Addressing conflicts
Fostering a positive work environment
Managing workplace relationships
Health and Safety
Ensuring a safe and healthy working environment, including compliance with safety regulations
HR Policies and Compliance
Developing and enforcing HR policies
Ensuring legal compliance with labor laws
Diversity and Inclusion
Promoting diversity and inclusivity within the workplace through policies and initiatives
HR Technology
Managing HR information systems and technology to streamline HR processes and data management
Labor Relations
Handling negotiations with labor unions
Ensuring compliance with labor laws and regulations