Human resource management (HRM) is the process of developing an efficient and effective talent management system. It is concerned with the acquisition, development and maintenance of human resources that can be utilised to make corporate strategies work. HRM helps bridge the gap between employees’ performance and organizations’ strategic objectives. The human resource management (HRM) department can be seen as the interface between an organisation’s employees and its policies, procedures and practices. Though it may sometimes seem like a clerical or administrative position, it is an important role that supports every aspect of the company’s work life.
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So here is a quick introduction to the different tasks performed by the human resource team of a company:
1. Maintaining staff
This is an extremely important function of hrm. Once an employee has been recruited, the role of an HR manager is not over. An organisation needs to ensure that it keeps its employees happy for them to perform at their best. As well as being responsible for ensuring the workplace is safe and the employees are not discriminated against, HR managers must be able to advise management on issues such as pay. They may also be responsible for managing absenteeism levels and grievances raised by staff members.
2. Hiring
Human Resource Managers are involved with developing the company’s organisation structure, including job descriptions and recruitment plans. They also may be responsible for recruiting staff and interviewing candidates.
Taking part in employee relations – A strategic HR manager might negotiate with trade unions or set up policies to deal with workplace issues such as discipline or grievance procedures. In some organisations, they might take part in disciplinary procedures or deal with grievances between employees and employers.
3. Managing employee records
This could include keeping records of sickness absence, training courses attended, appraisals and disciplinary procedures.
4. Day to day firefighting
Human resources managers may discuss with employees issues ranging from bullying to sexual harassment. They could hold regular meetings with the concerned employees to discuss these issues. The role of Human Resource Management in building employee relations is very important.
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HR managers act as a bridge between the employees and the management. They are also responsible for handling disputes which might arise between the management and the employees like basic salary percentage calculation. Visit this page for more info. Hr managers have to ensure that all employees feel valued, respected and productive at all times.
Several strategies can be implemented by an organisation to build strong employee relations. An important strategy is to give employees opportunities for career development and growth. The organisation should provide the employees with adequate training and development programs so that they can acquire new skills and knowledge.
5. Compensation
HR managers are tasked with handling compensation and benefits.
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The HR team is generally responsible for creating compensation plans and structures and the factors that affect them. HR managers are tasked with handling compensation and benefits. Compensation and benefits, like other HR-related functions, come under the purview of human resource managers. Compensation is defined as a sum of money given to an employee for doing his duties at work. . According to BLS (Bureau of Labor Statistics), in 2010 there were 1.5 million human resource managers employed in the United States. The median salary was $114,290 per annum.*
