Human Resource Management
by V S RAMA RAOHuman 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.
SOURCE