Human Resource Management

Human Resource Management (HRM, HR) is the management of an organization’s employees. While human resource management is sometimes referred to as a “soft” management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of organizational goals. Effective human resource management also contains an element of risk management for an organization which, as a minimum, ensures legislative compliance.

The Human Resource Department manages the employees within the organization. There are a number of responsibilities involved with this title. First of all, the HR Department is responsible for hiring employees; this will involve selecting employees, keeping them in their positions and ensuring that they perform to expectation. Besides, the Human Resource Department also clarifies and sets day to day goals for the organization. It is responsible for organization of people in the entire company and plans for future ventures and objectives involving people in the company.

Employees are an organization’s biggest asset and it is the responsibility of the HR department to manage the employees to its best, and help employees to deliver the best for personal as well as for organizational growth.  The role of HR policy is very crucial. An organization with a good HR policy will never find it hard to select a reliable employee. Some companies know how to take good care of their employees and provide a working environment that helps them retain their identity, while proving themselves and growing along with the company.

Though organizations follow different HR policies, but there are few practices that are commonly followed by all the organizations.

Healthy and congenial work environment:

It is the duty of the HR department to create friendly, safe and healthy environment so that employees can give their best. Create healthy competition instead of jealousy and motivate the employee to show their best.

Liberal management:

Keep your people informed about the latest changes and updates. Employees don’t like to be kept in dark regarding a company’s status and details. It involves making people an interested party to your strategic decisions, thus aligning them to your business objectives. Be as open as you can. It helps in building trust & motivates employees. Involve employees in policy making and learn what they exactly expect from the management. It will help the organization in knowing their employee.

Performance incentive:

Incentives and bonus are a good way to keep employees motivated. It inspires them to perform well. Any kind of incentive and bonus works well, but sharing company’s profit with the employees is more appealing. Bonus should be given for appropriate reasons or else it would loss its value.

Performance feedback:

This is one of the most vital and important tasks performed by almost all the organizations. Get feedbacks from seniors, juniors and colleagues. Every person in the team is responsible for giving relevant, positive and constructive feedback. Performance feedback helps in identifying leaders for higher level positions in the organization. Senior managers could use this feedback for self-development. The opinion of everyone matters. Each person in the team is responsible for giving constructive feedback.

Employee evaluation:

Employees are the real asset of an organization. It is essential for the growth of a company to evaluate the employee’s performance and his dedication and credibility for the job. Get fair and accurate rating of each employee and know their role in the growth of the organization. For fair evaluation gets more than one evaluation.  In most of the companies evaluation is done by higher authorities including the boss and by another person at a senior level.

Sharing of knowledge:

Knowledge is the doorway to success. A good HR knows the value and role of knowledge for the advancement of employees as well as the company. Knowledge sharing is a wonderful strategy that helps in the advancement of the employees. Keep all the knowledgeable information easily accessible for the employees so that they can utilize it in a better way.

Discussion & reward:

Nurture ideas and promote discussions among employees. Ask employees to come forward with their views and ideas. The employee’s view is important for the growth and future of an organization and one should not underestimate it.

Recognize the talent within your organization. Holding a ceremony and giving public recognition makes an employee proud of his job. Such kind of activities is very effective in motivating employee behavior.

The Surprise Factor

Surprise the employees with small gifts or certificates. Everybody love surprises and such a pleasant professional surprise will surely impress the employee. Anyone can be given this surprise reward. Making an employee feel like a million dollars pays in the form of the success of an organization. Follow right HR practices and help the organization as well as the employees to grow.

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