Functions of Human Resource Management

Functions Of Human Resource Management Student’s Name Institutional Affiliation Course Instructor Due Date Functions Of Human Resource Management The functioning of every organization is dependent on employees’ dedication to its course. However, the employees’ contribution to the stipulated goals and objectives is defined by how well an organization treats its workers. According to DeCenzo et al. (2016), this is where human resource management comes in since it is responsible for increasing their contribution and effectiveness towards the set organizational goals and objectives. The assertion is supported by various scholars, most of whom suppose that employees are the most important and valuable assets in a company and organization, and it is the human resource management’s responsibility to ensure they are treated well. For example, Liao (2005) notes that human resource management is responsible for handling employees’ relationships amongst themselves as well as bridging the gap that may exist between them and leadership. Nonetheless, for human resource management to achieve this level of effectiveness, it needs to create a culture that reflects the organization's core values and focuses on empowering workers’ productivity. Summary Of HRM Areas Performance Management Performance management is a core function of human resource management as it is crucial in maintaining an organization’s success. Pavlov et al. (2017) define this function by noting that performance management is a continuous process of communication and interaction between supervisors and workers. Enhanced interaction between supervisors and workers is paramount because it supports their ability to accomplish strategic objectives. Further examination of the basics of performance management shows that it is associated with monitoring and evaluating employees’ actions and if they align with the company’s goal. The process of employee monitoring and evaluation is quite elaborate since it gives human resource management the platform to clarify expectations, set objectives, lay out goals, and provide appropriate feedback. Human Resources Planning, Recruitment, and Selection Human resources planning, recruitment, and selection are also vital in the overall functioning of human resource management as it determines the quality of employees who work in an organization. For example, resource planning is associated with making appropriate decisions concerning which positions in an organization must be filled and who is best suited to fill them (Klepić, 2019). Planning also involves determining the number of resources needed in relation to the stipulated strategic plan of an organization. On the other hand, recruitment is crucial since it involves attracting and encouraging potentially eligible individuals to apply for various positions. The process is far more extensive since it entails pooling appropriate and qualified candidates, while unsuitable candidates are discouraged from applying by providing specific requirement information. Lastly, the selection process is about matching the potential candidates with the specific positions in an organization. In doing so, the selection process ensures that the right candidates are hired and deployed to appropriate sections based on their qualifications and experience. Human Resources Development The human resource development function is characterized by a process in which human resource management develops training programs to mentor and coach workers. The essence of such a program is to foster employee growth, adjustment, and refining skill sets to prepare them for career development. Such an approach benefits the workers and the organization since improved personal performance is crucial to enhanced effectiveness. Okoye and Ezejiofor (2013) elaborate on the idea by theorizing that human resource development is about helping workers develop their personal and organizational knowledge, skills, and abilities. The specific training programs resulted in career development, performance management, and succession planning. The bigger picture about these aspects is that they are about developing a superior workforce that guarantees workers can accomplish the set goals and objectives. Compensation and Benefits Compensation and benefits are a branch of human resource management that deals with employees’ payments and the provision of benefits. Specifically, this function of human resource management is vital since it deals with the tangible and intangible benefits that a company can offer its employees in exchange for their labor (Singhvi et al., 2018). Specifically, compensation refers to the wages and salaries paid to workers, while benefits are the additional paybacks, such as health insurance, pension plans, and vacation time. As of this understanding, researchers argue that every organization should strive to have the best compensation and benefit plans. The need for such plans is attributed to lucrative compensation and benefits that help attract, motivate, and retain high-skilled workers. The plans also help increase an organization's productivity since whenever the workers are motivated, they are more willing to see that the set goals and objectives are achieved. Employment and Labor Laws and Regulations Employment and labor laws and regulations are essential tools in human resource management since they help pertinent managers to manage employees. Specifically, labor laws and regulations help protect employees since they govern workers’ rights and employers’ obligations. Thus, employment and labor laws and regulations are the basis for enhanced accountability for both parties. As Deakin (2010) puts it, labor laws and regulations compel organizations to act right since they need to defend their every decision and action toward an individual or a group of workers. What is conceived from this is that employment laws and regulations help mitigate possible discrimination in an organization by ensuring that laws, such as equal employment opportunities, are observed. HR Functions Within a Performance Management System That Contribute to Effective Training and Development According to Pavlov et al. (2017), employee performance management is a crucial technique utilized by human resource management to impact the development of employees and the organization. Various human resource functions related to performance management can be utilized to help with effective training and development. These functions may include goal-setting, performance review, and feedback. The functions ma...