This report discusses the importance of human resource management in businesses and the best practices for managing people. It covers topics such as employee security, hiring, training, tracking, and more.
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................2 MAIN BODY...................................................................................................................................3 Human resource management:.....................................................................................................3 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................6 INTRODUCTION HRMstandardsforHumanResourceManagement,thisdepartmenthavevarious responsibility in the business organization (Storey, 2016). Human resource management hire
professional and talented people for the betterment of the company, apart from hiring practice this department have various other purposes such as to train, educated and to maintain fair deal with the employees. In this report we will discuss Human Resource Management and its best practice and its importance to businesses. MAIN BODY Human resource management: Human resource is been developing day by day, both business and the employee get benefits from HRM practice.Many business organization focus on their people and try to better theircomfort,thedepartmentofhumanresourcecreatefairdealwithemployees.This department manage people and try to improve the performance of the employees. There are certain best practice in Human Resource Management such as follows: Best Practice of HRM Employee’s security:employee’s security is first and one of the most important practice of human resource,securityof employeesmeansjobsecurityaswellaslifesecurity.HR department try to ensure that employee feel secure while performing their job, they ensure that employee must not feel left out with their security concern. Both the security of employees are important, first the life security and second the job security(Armstrong,2020). HRM ensure employee feel valuable while working with business organization, there are many company who promote employee on the basis of their knowledge and skills and employee often feel trusted with the business organization. It is well seen that some organization are not able to provide better workplace environment, in such case employee do not feel that they are worth to firm, such companies usually faces the high turnover which causes several problems for them. Thus HR team is the key player of company they provide better on boarding experience to candidates and try to indulge them with company’s resources, it will help in increasing their productivity which will also reflects in their better work. Hiring people: Hiring people is the process, it is one of the most important and crucial part of the HRM, this department is the only one who is responsible to hire right people at right job. Hiring and training is best practice of human resource, business organization mainly depend upon this 3
department to ensure the company have right people with right knowledge. The experience of HRM department allow them to recruit highly professional and talented people in the business organization, HRM need to fairly select people according and train them with best of affords. The professionals of human resource management team have ability to examine employees and their capacity, this allow them to stay professional their job in the business organization. For the better recruiting of the candidate it is essential for the firm to have better candidates for their HR management otherwise they will not be able to select talented candidates. Thus for HR team it is important to have specific knowledge and skills which lead them to select the appropriate candidate who compliments their job post. Effective team: Effective team refer as the team which is one of the most powerful thing in the business organization, without a team company cannot achieve the desired goals and objectives.HRM try to create team according to the ability and skills of the people, there are two types of teams in the company, first the team include the employee who work on their part and try to complete all the strategies for the company whereas second team is build by human resource management who appoint important people of the business and create a team, this team is called human resource management team which have responsibility to handle all the people of the business. For this businesses always proceed to find a candidates who have all skills and knowledge which is required for the HR post, as HRM team always plays an essential role in smooth running of business. Fair deal: Fair deal,this is foremost important duty and responsibility of HR department, employee keep full trust on the business organization and desire fair deal from the company. Fair deal is broad term in the company which include the rights and value of the employees(DeCenzo, Robbins and Verhulst, 2016). HRM ensure that employee get full support both from financially and physically, they timely pay the salary and wages to the employee to create a sense of trust and professionalism whereas physically means employee feel insured about their life in the business, HRM try to provide all medical facility to the employee to make sure they perform best in the business organization. Training:
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Training, after recruiting people, the next step fall under training and development of the people. The HRM have the responsibility to train and develop people for the betterment of the business organization. Training part is one of the most difficult and challenging part of the business, people often come talented but they need to trained according to the working of the organization. Training part complete all the requirement of the company from employees, this training and development is not only best for business organization but this training and development is very beneficial for employees as well (Werner,2021). Talent management is the part of HR department who plays an crucial role in employee cycle. It is the need of today, many organisations are proceeding to adopt the talent management to promote the productivity of the employee. Thus with this HR team aim to conduct several activities in order to increase the knowledge and skill in employees as to give them opportunity which lead them to carry out any complex operational task easily. Tracking: Tracking, this is one of the most crucial role of HRM which ensure the tracking of the employee, here tracking means understanding the performance of the employee and try to train them if needed. This tracking help them to maintain effective performance and productivity of an employeetowardsbusinessorganization.Manycompanyseriouslydotrackingoftheir employees because they only focus on the productivity and performance of employee and remove those employees who are not very beneficial for the business (Sparkman, 2019). as monitoring of the performance always keeps the positive workplace environment, and also with this employee’s need can be fulfilled in a manner. For an example if employee feels that they work better but still not getting appreciation from seniors will make them feel to move out from company, but having a tracking of performance will allow the firm to appreciate or praise the employee’s hard work (Garcia-Arroyo and Osca,2021). Thus it is the most important practice which can be carry out by the human resource team. Information: Information,HRM provide all the necessary information to the employee and the business as well, the HRM play a role of a mediator which transfer the relevant information from one part to another, if the employee want something from the company they approach human resource management department for the information which is later carried by the HR team to the company’s managing directors or management team of the business organization(Bratton and 5
Gold, 2017). All the information which is required by the employees will be provided by the HR department, these information include the salary and wages, compensation, medical assistance and policies and procedure of the business organization. Smooth process: Smooth process which means that HRM ensure where thing should be smooth in the company, they have certain important rights which can be used even to change the working of the business organization. Every company want their working to be smooth, this smooth flow of process help them to stay effective in the market. When the company remain stable within the internally then they will be stable in the market as well. This stability is ensured by the human resources department, people of organization are very important but their productivity is more important, this productivity need to be managed by managing the people. This management of people is the best practice of human resource management Stability: Stability refer as tomaintainingthestability within the workplace is most significant responsibility of the human resource management department, stability is only can be maintained by maintaining the fair deal with the employee and making complete utilization of their affords and promoting them according to their performance(Marchington and et.al 2016). Many business organization face serious issues from the employee because employee themselves carry various rights which is provided by the government. CONCLUSION In this report we have discussed Human resource manage which include the best practice in managing people. The Human resource management team try to build betterment in the business organization. For laying out the study we have discussed best practice in the managing people which include best practice in employee’s security, best practice in hiring talent in the business and many other important practices. This report also shows the importance of human resource management in the business organization, how it enables firms to successfully manage their business.
REFERENCES Books and journals Armstrong, M., 2020.Human resource management practice. Kogan page limited. Bratton, J. and Gold, J., 2017.Human resource management: theory and practice. Palgrave. DeCenzo, D.A., Robbins, S.P. and Verhulst, S.L., 2016.Fundamentals of human resource management. John Wiley & Sons. Garcia-Arroyo, J. and Osca, A., 2021. Big data contributions to human resource management: a systematic review.The International Journal of Human Resource Management.32(20). pp.4337-4362. Marchington, M. and et.al 2016.Human resource management at work. Kogan Page Publishers. Sparkman, T.E., 2019. Exploring the boundaries of diversity and inclusion in human resource development.Human Resource Development Review.18(2). pp.173-195. Storey, J., 2016.Human resource management. Edward Elgar Publishing Limited. Werner, J.M., 2021.Human resource development: talent development. Cengage Learning. 7