What are the most significant role and contributions of human resource management in a company?

Human resources management is a very important function in every organization. Without human resources management, companies would not be able to effectively recruit and retain employees, improve and enhance the organization, and they wouldn’t be able to maintain a healthy, accepting workplace culture and environment. Human resources management is so important to organizations that many call this department the heart and soul of a business.

Human Resource Management Definitions

There are many definitions of human resources management that authors have come up with to try and show the massive importance of human resource management to an organization. Here are some human resource management definitions by authors to iterate the importance of this department.

Ricky W. Griffin: “Human Resource Management is the set of organizational activities directed at attracting, developing and maintaining an effective workforce.”

Mathis and Jackson: “HRM is the effective use of Human resources and organization through the management of people related activities.”

Dale Yoder: “HRM is the provision of leadership and direction of people in their working or employment relationship.”

J. Jucious: “The field of HRM involves planning, organization, directing and controlling functions of procuring, developing, maintaining and utilizing a labor force.”

Functions of Human Resource Management

There are many functions of human resource management that help an organization stay successful. From recruitment and training to managing disputes, maintaining a healthy work-life balance, and all payroll responsibilities, the importance of human resource management in an organization is immense. Human resources management not only helps to keep employees happy and well trained, but it also ensures that the company is working within the guidelines of regulations and solves any liability issues that may arise.

Without a proper human resources management department in an organization, that company is almost guaranteed to fail. More important functions of human resources management include recruitment, training and development, appraisals, job reviews, career planning and development, employee benefits, employee safety, and employee motivation, just to name a few.

Objectives of Human Resources Management

Human resources management is so important to organizations because there are many objectives of this department that can drastically improve or negatively affect the organization. One major objective of human resources management is to drive productivity by ensuring competent employees are hired and remain up to date with training initiatives. Another major objective of human resources management and why it’s so important to an organization is that it builds coordination between organizational departments.

Without proper human resources management at your organization, your departments will have a hard time working together which will cause your business to suffer. More important objectives of human resources management are ensuring employee satisfaction, staying up to date with societal and ethical models, and maintaining a healthy work culture, as well as a healthy work-life balance for employees.

Types of Human Resources

Human resources management is so important to an organization because this department has many responsibilities and keeps the organization operating smoothly. As our society continues to change, the role of human resource managers is changing as well. From compensation and benefits managers to training and development specialists, there are many growing human resources specialties that organizations will continue to incorporate.

While the concept of human resource management encompasses many attributes, they’re all essential to the success of any business. If your organization lacks proper human resource management, now is the time to introduce this department before your business fails permanently.

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Employees are the foundation of every successful business. This is why human resource (HR) management is so important.

The HR department performs a wide variety of duties and is responsible for helping employees feel safe, valued and properly supported. Exceptional human resource management ensures that the HR department runs smoothly and continues to evolve over time.

If this sounds interesting to you and you’re curious about  a career inhuman resource management, read on to learn why it’s so valuable in the professional world.

What is Human Resource Management?

The simplest human resource description would be to say it’s the department of a company or organization that handles the relationship between employees and leadership.

Human resource management (HRM) is the sector of HR that oversees these departments.

HR covers a number of positions, responsibilities, and aspects of company efficiency and staff well-being—and each area of human resources requires strong leadership from an experienced manager.

Some of the most important responsibilities within the HRM department include:

Hiring and Training New Employees

An HR professional holding a management position is often in charge of recruiting, hiring, and training new employees. This means the HR team is responsible for finding candidates who meet the necessary qualifications for specified positions and fully vetting a company’s hires.

Human resource managers are also expected to embrace and promote diversity among staff, orient team members to their new work environment, and ensure healthy interactions between employees and organizational leadership.

But what does a human resource manager do exactly when it comes to hiring and training? Some of the most common tasks for this type of HR manager may include:

• Conducting interviews and reading resumes
• Performing background checks on applicants
• Overseeing or leading training procedures
• Implementing new training techniques
• Writing job descriptions, posting job listings, and recruiting potential candidates
• Making a good impression on behalf of the company (HR is usually the first department candidates will meet)

The bottom line –An HR professional is often the face of the company for potential new employees. Recruitment, hiring, and training policies are supervised and improved upon with the help of HR managers.

Keeping Employees Safe and Happy

A human resource department is also in charge of keeping employees safe, healthy, and satisfied. With proper HR management, workplace policies keep up with  necessary protective measures and implementation and provide solutions to  issues between team members, avoiding risk for the company and its employees.

Daily duties for an HR manager who specializes in employee relations may include:

• Creating workplace safety policies
• Ensuring the organization follows federal and state occupational laws
• Addressing employee concerns and complaints
• Preventing and dismantling harassment or discrimination in the workplace
• Managing employee relationships
• Facilitating communication between leadership and employees

The bottom line – HR managers are in charge of many duties, but employee well-being should always remain a top priority. As a human resource manager, you’ll spend a lot of time speaking to employees, listening to concerns, and managing workplace relationships. The main goal of a successful, strategic HRM should be to ensure the staff feels safe, respected, and heard at all times.

Managing Company Risk

The HR department works with organizational leadership to help manage risk and compliance. Human resource managers should be well-versed in business law, ethics, statistics, and problem-solving in order to help manage their company’s risk.

As an HR manager, you may be put in charge of the following risk management responsibilities:

• Analyzing statistical risk using company data
• Addressing and preventing potential lawsuits
• Supervising firing practices
• Properly training other managers
• Implementing diversity and Title IX training
• Protecting the organization's data and upholding privacy for sensitive information
• Vetting new hires and improving hiring procedures

The bottom line – Human resource management is intended to protect the company and its employees. As a risk management specialist, you’ll help manage your company’s risk  in a manner that involves statistical analysis, knowledge of business law, and overall improvement of company policies and practices.