Why Human Resource Management Is Important
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.
Ten reasons why the human resources department is important
A human resources department is an essential part of any company, as it plays an active role in almost every area of the business. HR practitioners who have well-rounded expertise provide a number of services to employees. The areas in which HR maintains control can enhance an employees’ experience throughout the workforce while strengthening business operations.
The main focus of the department is to keep the company strong, successful, functional, and free of costly litigation from lawsuits through sound policies and actions for handling personnel matters.
Below are ten reasons why the human resources department is important in any company:
Recruitment
Employee recruitment, including interviewing and selecting new hires, is a responsibility of the human resources department. This also includes monitoring personnel resources to determine when recruitment is necessary to benefit the company.
Establishing relationships with employees
The HR department is responsible for maintaining relationships with employees in an unionised work environment. It also focuses on strengthening the relationships among employees. As a result, the HR department is in a position to resolve all sorts of conflicts that arise within the organisation.
Budget control
HR is able to clarify the sources of personnel expense, to interpret numeric data and to optimize operations where required. HR has the resources to facilitate administration and by better administration HR enables smaller sick leave expenses and more effective know-how utilization.
Training and Development
Human resources conducts needs assessments for the organization's current workforce to determine the type of skills training and employee development necessary for improving skills and qualifications. Companies in the beginning or growth phases can benefit from identifying training needs for existing staff. It's much less expensive than the cost to hire additional staff or more qualified candidates. In addition, it's a strategy that also can reduce turnover and improve employee retention.
Struggle Resolution
Working environment struggle is inescapable, given the assorted variety of identities, work styles, foundations and levels of understanding among representatives. A HR supervisor or a staff individual extraordinarily prepared to deal with representative relations matters can recognise and resolve struggle between two representatives or an administrator and worker and reestablish positive working connections.
Legal Compliance
Legal compliance refers to the various labour laws, which is the responsibility of the human resource department. This comprises of informing (or reminding!) all employees about the union and state laws on information like break time, lunches, overtime, minimum wage and even all sorts of discrimination.
The human resource department keeps the company in tune with any changes to the business and government legislative and ruling if necessary.
Ensuring the safety of employees
It is extremely important for all the organisations to pay special attention towards workplace safety. The HR department takes necessary measures in order to create a safe working environment for the employees. It is also responsible for reporting injuries that take place within the organisation to higher management.
Performance improvement
HR enhances employees’ work time usage. HR is capable of measuring work performance and facilitating at places where work performance is for some reason just ineffective. Simultaneously, HR clarifies the reason, solves the problem and never leaves the inefficiency a mystery.
Corporate Image
Businesses want to be known as the "employer of choice". Employers of choice are the companies that receive recognition for the way they treat employees; they are the companies for whom people want to work. Becoming an employer of choice means human resources balances recruiting the most qualified applicants, selecting the most suitable candidates and retaining the most talented employees.
Undaunted Principles
Human Resource guarantees the workforce grasps the organisation’s theory and business standards. From the point of view of a private company, making a strong workplace is basic. The principal opportunity HR needs to achieve this is through astute enlisting choices that distinguish attractive expert qualities, and introduction and on-boarding programs.
Looking for HR courses? Why not read about our HR management courses and contact us to find out more about the human resources courses available at London TFE.
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