To run any organization or industry, we need resources. And by resources, I don’t refer to only natural or human-made resources. The third typical resource i.e. Human Resource is an utmost need for any firm. Unless we have the top skill to convert these resources into the final product, we are unable to run a business. It is the human resource that makes the best use of other resources in the most optimum way to get the maximum benefit. That’s why every firm has an HRM (
Human Resource Management Team) and an HR Manager who oversees and handles all the human resources’ activities and procedures. HRM has a plethora of functions to do on which the companies’ growth depends. A few are the followings:
Human Resource Planning
An HR manager needs to look after today’s as well as the future needs of the organization. What and how many people are needed to be recruited for the firm’s development. It is akin to workforce recruitment. It includes recruiting people, selecting perfect job candidates, managing the performance of its employers, looking after the employers' health and needs, and the firm’s development.
Recruitment & Selection
It is the fundamental step that every
Human Resources Management needs to look after. Its main concern is to choose the people who are perfect for the job and contribute to the firm’s growth as well. HR manager identifies the company's needs and equates it with the candidate’s skill-set. Once it selects the candidate, it also decides its salary and other incentives that he/she might need. To attract skilled candidates is not an easy task, one wrong choice and could affect the outcome.
Performance Management
To assess the employers’ performance is a very important task. It ensures to keep the workers engaged and encourages them to stay productive. The management understands that employers are humans and they have a tendency to feel dejected and discouraged many times. That is why Performance management is a crucial step to provide good leadership, discussion of the goals to achieve, and feedback. It includes the performance review of employers(monthly annually). It is a step closer towards abating the gap between firms’ present and future workforce.
Learning & Development
To continuously assess and analyze the skill-set of employers is very important. There are continuous modification and increment in the skill-set that is in demand. With time, people need to develop their skills whatever is in trend. The HR manager is responsible to provide employers, different pieces of training, learnings, and skill-development to attain and give out the best.
Industrial Relations
Maintaining good relations within and outside the company is equally important as any other task. HR should cultivate good relations not only with the top industries but also the workforce and labor union employed on its own. It helps in resolving conflicts that take place from time to time and could affect the company’s reputation and growth.
Administrative responsibilities, Health & safety check-up, Incentives, Function evaluation, etc are a few other key roles of
Human Resource Management.
