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The human resource management system is one of the most valuable & essential assets for any organization. Having an effective human resource management system bolsters the corporate bodies. In order to face new challenges, evolving trends & technologies every organization needs a powerful & effective human resource management (HRM).
Objectives of HRM
– HRM makes sure that the human resources are utilized effectively. It helps to utilize the human & other resources to ensure success. Companies who are focusing on utilizing their resources initiates the chief of human resources to execute objectives & policies.
– Maintaining the organizational structure accurately is one of the essential tasks of the HRM. The system provides necessary information timely so that the each employee is assigned the appropriate responsibilities & duties. This helps in keeping the work culture harmonious.
– HRM is responsible for providing a respectful environment for all the employees. Developing a harmonious & better working relations between employees & the managers is the motto of HRM.
– The chief of human resource helps in maintaining a good harmony by bridging the gap between an individual goal & organizational goal. This enhances the performance of the employee & utilizes the human resources effectively.
– Providing job satisfaction is one of the essential needs of any employee. The chief of human resources takes good care of this by providing a series of facilities & opportunities to employees to enhance job satisfaction.
– HRM promotes employee discipline & morale by providing performance-based incentives. Creating a friendly work environment is one of the basic agenda of any organizational objective.
– Enhancing the organizational goals & objectives is one of the important focuses of the HRM. As a result, higher production & effective utilization is achieved.
Salient Features of HRM
1. In order to survive in today’s cut-throat competition & ever-evolving environment, HRM offers practical approaches & solutions. It helps in managing various types of workforce, thus it is defined as the management of human resource.
2. HRM is an innovative function which offers the employees updated knowledge to work in a fast pace environment.
3. As a strategic approach, HRM helps in organizational development, as well as in managing human resources in the organization.
4. HRM is futuristic because it helps in planning future goals & vision for the organization.
Although the concept of HRM has been debated but it certainly plays a vital role in creating organization. At the present time, HRM is considered to be the backbone of the organization. As a very fast growing concept, HRM has numerous benefits to ensure productivity in the organization. A great human resource management system is very much essential if the organization want to persuade & retain the best employees.
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