Effective human resource management (HRM) ensures that organizations can work efficiently and that employees are able to work in a safe atmosphere. According to the Human Resource Excellence website, HRM is important because it is used to recruit people, train them, implement performance appraisals, ensure workplace security and encourage employees as well as workplace communication.
HRM decreases the costs connected with employee turnover and hiring innovative workers to fill job positions. The goal of HRM is not only to safeguard that employees receive fair reward for their work, but also to shape a strong employer-employee relationship and increase the level of employee satisfaction within the company.
HRM is also used to protect an organization from any claims or legal act that may be taken against it by an employee. Effective HRM can recognize work issues before they escalate and resolve internal issues related to discrimination or other immoral treatment reported by employees. HRM makes sure that the organization fulfills with local and central laws concerning necessary employee paperwork, affirmative action plans and disparate impact analyses.
HRM may also take steps to manage the public relations of a firm by creating strategic relationships through business meetings, seminars, conferences and several other official get-togethers on behalf of the firm.
March 09, 2018