HR Roles Matrix and Data

This presentation discusses the main functions of human resource management in an organization, focusing on selection and recruitment. It also explores the challenges faced by HR and provides solutions for resolving issues related to compensation and benefits.

Main functions of human resource that it performs in an organisation.
Human resource has abundance of main functions in company. These include training and development, selection
and recruitment and performance management etc. that is crucial in any organisation for its functioning and
productivity. Let's discuss more in detail about these functions in detail:
Selection and Recruitment- It is considered an essential function of HRM that every company needed so that it
develops better workforce. In this function, human resource makes attraction of the best candidates so that it works
for company and then select potential candidates (Brewster, 2017). For example, tobacco company find it difficult to
engage and attract more people in an oganisation because of its negative brand image. Selection and recruitment bring
major importance that includes: An organisation is incomplete without its proper workforce; hence this function has
utmost importance.
Human resource try to make selection of those candidates that are crucial for company's productivity.
After, process of recruitment completed then HR select those candidates in an organisation who is a able to qualify all
tests and procedures that HR conduct.
Performance Management-Performance management is crucial to make sure that selected staff members are
thoroughly engaged in company. An organisation who needs to maintain a well-balanced performance management
must consider following points that majorly includes effective leadership, concise goal setting, accurate planning and
open to feedback. It is basically a long process that take place in every industry and consider fruition affair (Onimole,
2017). It involves various other elements from which company reduces group conflicts, develop job satisfaction,
enhance profitability and set clear accountabilities. Performance Management and its importance:
Performance management is very vital for human resource as its main vision is to bring maximum productivity within
an organisation Many companies also reviewed employees where its peers, managers and subordinates provide feed.
back on their performance. As per reinforcement theory, HRM department will be used this theory in order to measure
the performance of staff members. if a higher performance is followed by rewards, it can be achieved desired
behaviour that will likely occurs in future. If high performance is not followed by reward, it is likely consider high
performance that will occurs. This type of theory will be used HRM to fix the wages of each and every staff members
in organisation.
Recognition and Rewards- Every employee need to be recognized for their tasks or job they perform. Rewards or
recognition helps an organisation in which it able to acknowledge employees' effort. This function is also a good
method for motivation as employees fell secure and worthy for their job role and this function can be determined as
non-monetary and monetary. Rewards and recognition bring so many advantages in an organisation for example,
employees performance can be improved, employees will be more engaged, better group work can be best conducted
and maximum standard of loyalty could be achieved.
Compensation and benefits -Benefits and Compensation is all about pay that company offer and basically a form of
expenditure for company. Therefore, it is important for an organisation to make expenses while employees' salary is
also crucial at the same time (Paz-Aparicio, Ricart and Bonache, 2017). Hence, human resource department need to
develop attractive compensation and benefits plans so that an organisation able to lure maximum number of
employees into its management and without disturbing its funds. Human resource will be able to establish many
advantages in an organisation with the help of benefits and compensation like, it able to develop a fair and equal pay
to every employee. Moreover, HR can use this function to boost profitability and increase brand value and reputation
for business. Therefore, human resource has to be very careful while forming policies and frameworks for benefits
and compensation of workers and all other benefits.
CONCLUSION
To conclude, above report elaborated human resource management and its various functions that plays vital role
in every organisation. Various functions that are elaborated in this report are training and development, selection and
recruitment, health and safety etc. that increases firm’s productivity. Additionally, report elaborated about
compensation and benefits and how it causes issue in organisation. As without proper framework of salary and
compensation, company unable to attract skilled and desired candidates. Lastly, report discussed various solutions so
that company can resolve problem related with bonuses and compensation.
HR Roles Matrix and Data
INTRODUCTION
Human resource refers as management of people who is responsible for selecting, recruiting and scanning
desired candidates to an organisation and responsible to make overall workforce. Human resources also plays may
other useful functions that an organisation is needed to efficiently run its operations. This report analyses various main
functions of human resource management in company and mainly focus on one key functions and explain more in
detail. Further, report explain about issues that HR face and lastly how company resolve will be discussed more in
detail.
Challenge that human resource mostly faces in an organisation.
Human resource team has experience drastic change in landscape of industry and that continue to revolve, hence
their challenges also increases. Now, with different business structure, company focuses on more on its Human
resource department (Stachová and et.al, 2019). As employees are considered as essential asset and has more power to
make a huge impact on growth and sustainability of business. From all above functions, human resource faces
problems related with compensation and benefits. Below paragraph provide more detail about this function of HR and
its related issue:
Challenged identified in the Benefits and compensation of HRM Function - HRM department has been provided
the benefits, compensation of staff members on the basis of their performance in organisation. But the challenge can
be identified During COVID-19 Pandemic. It is very difficult to give an option of higher payment, increment.
Companies are already facing an issue of financial crisis which become difficult to provide benefit or advantage by
HR of their staff members. Moreover, financial crisis challenge arise because of covid-19 so that it is directly
affecting on the benefit and compensation of HRM function in the organisation. Overall expenses relate with
recruitment like expenses of training, capital investment and taxes poses an additional issue to company's growth and
progress.
With number of benefits that compensation and benefit bring in organisation, workers have difficulty in navigating
this function on their own (Sahoo, Zhao and Kyprianidis, 2020). HR department is responsible for educating overall
workforce and need to inform about different benefits that are available to them and best options related with
packages are most suitable so that it avails benefits to workers and their families. There are several organisations that
struggle with suitable structure of employees' compensation. Medium and small industries has to face competition of
its same size of industries, but also with industries with its same size. Human resource department of any field of
business must carry frameworks and policies with compensation so that provides to employees. Hence, human
resource must understand similar policies in particular organisation. Further, benchmarking is as important as
compensation and benefits (Mane and Arora, 2018). If HR do not focus more on compensation and benefits, then it
will discourage employees at middle or lower level of management. Many retail industries provide now less amount
of compensation and benefits are also now that attractive for example, average salary for floor operations is around
$20-25. Therefore, after going through with various training processes and obtain many soft skills related with
communication and leadership, employees will find out about other job that provide much better remunerations.
Elaboration to resolve challenge related with benefits and compensation.
Apart from providing compensation, it is also vital for organisations to offer various benefits that includes perks
and incentives, but company make sure that it will not face any trouble with its investment during covid-19. HRM is
able to do maximum investment for purpose of providing benefits and compensation to their employees during
pandemic. also ensure return on investment in which it offers performance based elements to workers (Fauzi,and et.al
2019). It is crucial for HR department make sure that it enhances retention rate and upgrades engagement of
employees through effective usage of compensation and benefits. Better recognition program also serves as an
excellent motivation and attract majority of employees. In smaller industries, they can offer benefits that are related to
strive healthcare issues like provide flexible timings, recreational programs and conveyance benefits etc. could be a
better initiative.
Apart from that companies use technology benefits so that it manages compensation experience. Organisation also
select partner that help them deliver good results not just monthly basis by during whole year (Bajaj and Singh, 2020).
Salary is important factor but it is not always just the only factor that candidates consider. Hence, company can create
system to provide rewards to employees for their task performance and good idea to make up for lower level of salary.