In simple words human resource management is the management of human or people. The needs of organization is tried to match to the abilities and skills of its employees, because HRM is the managerial function.
How people are managed in the organizations, human resource management is responsible for that. It is responsible for delivery of people in the organization assisting them do their work. Pay them for their work and solving issues that come.
Importance of Human Resource Management
The achievement of organizations greatly based on the skill, knowledge and abilities embedded in the members of the organization. The core competencies of organization depend on this knowledge base.
HRM plays significant function in making organizations and assisting them survives. The world around us is the organizational world. We take part in these organizations as employees, members, clients, customers.
We spend most of our life in organization and they provide goods & services on which we rely to live. On the other hand organizations depend on people and without people they become vanish.
Accommodation to Worker’s Needs
Workers are claiming that personal needs of workers are accommodate by the organizations by establishing such programs as parental leave, flexible work schedules, job sharing and child-care & elder-care assistance.
A central function is played by the human resource department in developing and implementing policies design to minimize the friction between the family responsibilities and organizational demands.
Increased Complexity of Manager’s Job
Management has become an enhancing complicated and claiming job for many grounds including new technology, foreign competition, and rapid change and expanding scientific information.
Therefore, human resource managers are asked frequently by the organizations for helping in making strategic business decisions and in matching mission of the organization to the distinctive competencies of the human resource of the organization.
Help is required by the executives from the human resource department in matters of performance evaluation, recruitment, discipline and compensation.
Legislation and Litigation
The proliferation and significance of human resource functions are greatly contributed by the enactment of the state laws. The legislation affected four areas which include compensation, equal employment, labor relations and safety.
The failure of an organization to follow with laws regulating these areas cans consequence in highly costly class action suits, back-pay awards and penalties.
Consistency
The policies of human resource assist to keep equity and consistency within the organization. In the decisions of promotion and compensation, consistency is particularly significant.
The salary structure tends to become unfair and uneven when the managers make compensation decisions without consulting human resource department.
Similarly when HR department is not consulted by individual manager in making promotion decisions, the result is in the form of unfair consequences.
Expertise
Recently, there is a present advance personnel action that needs special expertise. For example, for making employee-selection decision, researchers have established complicated procedures.
The subjective interviews traditionally used in making selection decisions have replaced by the statistical formulas that unite test scores, interviews and application-blank information.
Cost of Human Resource
Because of the high cost of personal problem, human resource activities have become greatly significant.
Labor cost is the biggest single expense in the organization, which is mostly substantially higher than essential because of such issues as discrimination, absenteeism and tardiness.
Challenges of Managing Human Resources in Present Era
Following are the major problems confronted by the managers to manage the workforce of recent organization for accomplishment of goals.
To Attract People
People will like to join any organization that give them attractive benefits, quality working environment and opportunities to excel in future. The first problem will be to appeal good people for your organization, keeping in view opportunities in the market.
To Develop People
Development is associated to give the opportunities for development & training to match the skills to job in certain areas. It needs careful requirement assessment for selecting & training effective tools & training methods.
The development of the organization is leaded by the continuous development of the workforce of the organization, after attracting/selecting. So that significant role in the organization is played by them.
To Motivate
Affecting performance of others is known as motivation, and to redirect the struggle in particular direction by employing various motivational tools that can assist in satisfying the mission of the organization.
Third significant issue will be to maintain your workforce motivated so that they should maintain on providing potentially.
To Keep Talented People
This is associated to keeping of workforce in the organization and to take measures that can avoid unwanted detachments of motivated & talented workers from the organization.
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