The Five Functions of the Human Resource Management
- Staffing
- Comeensation & Benefits
- Training & Development
- Talent Management
- Safety & Compliance
Staffing
Means ensuring always that the organization has proper number of employees with the appropriate skills in right job at right time to the organization to achieve organizational objectives.
- Job analysis:- this is the process of determining skills, duties and knowledge required to perform the jobs
- Human resource planning:- which means matching
the internal and external supply of people for the job in correct time periods
- Recruitment: - the way of attracting people to
the organization in correct time in sufficient number with the correct
qualification they need.
- Selection:- this is the final step of staffing
process which is choosing the best one who can work smarter to the correct position
in the organization
Compensation & Benifits
This includes all the rewards that the workers
receive as result of the work they have done. This includes the following types
of rewards.
- Direct Financial Compensations: - it includes all the wages, salaries, bonuses etc.
- Indirect Financial Compensations:- all other financial other financial rewards except direct compensations e.g. sick leave, holidays etc.
- Non-Financial Compensations: - the satisfaction that the workers get by doing the job itself.
Training & Development
This involves the following steps,
- Training:- this provides knowledge and skills to do the present job (job Specific)
- Developing:- this is done in the use of future jobs to be given off
- Career planning:- this process helps to individuals get through their own goals
- Organizational development:- planning of improving organization structures system and improving the effectiveness and achieving desired goals
- Performance Management:- this is mainly focused on the maximizing the productivity of employees and then last the organization
- Performance Appraisal:- the way of measuring the efficient of the individual or teams which performing the tasks
Talent Management
Sometims called Employee realations, talent management is ahuman resources function that broadened beyond the tradiitional boundaries of enforcingadgearence to company policiesand procedures. The goal is to improve performence and giving the organization a competitive advantage by creating integrated processes.
Safety & Compliance
If you can provide a safety and healthy environment
for the employees this will help to get a long term benefits from them. Safety professionals
may not be a part of HR, but there will be a practitioner in the department or
more than one working with to provide required safety training or to monitor.
Refferences
Gilley, J., England,S. and Wesley, A.(1998). Principlesof Human Resource Management.
Nicely explained the human resources functions. But I think the most important function is staffing. Hiring the most skilled, knowledgeable and talented candidate will make human resources functions easier.
ReplyDeleteThe whole process of Human Resource Managmenet was nicley explained and the importance of every segments is clearly defined
ReplyDeleteRecruitment and selection plays key role in HRM where is is the first step takend towards the organizations development nad personally employee too
If this can both happens perfectly along with the other factors other organization can sucessful
Talent management and Training and development are the two key factors in my industry , for apparel manufacturing we can apply these theories
ReplyDeleteGood read
HH
You have selected most important part and well explained of each part. In order to achieve the company goals those points are really important. Good article.
ReplyDeleteI think all the all the above functions should be connect one an other to make human resource management a success. This is an very important topic for all of us.
ReplyDeletevery good article and well explain about HR Management major responsibility ,
ReplyDeleteIn this modern age, organizations have become more people-centric than ever before, especially as this approach pays large dividends by improving employee performance and reducing churn rates. Human resource management or HRM plays a key role in enabling employers and organizations to achieve their goals. This is good Article.
ReplyDelete