Almost all companies have a Human Resource Management or HRM division.
This division has the responsibility and authority to manage various needs related to human resources in the company.
The main goal is that all activities in the company can be carried out properly.
However, what is meant by corporate Human Resource Management?
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Let’s look at the reviews in the article below!
You will be invited to get to know more about the sundries of HR management, starting from the definition, functions, goals, benefits, to responsibilities.
Definition of Human Resource Management
Human resource management (HRM) is the practice of recruiting, hiring, transferring and managing employees in an organization or company.
This department is usually responsible for establishing, implementing, and overseeing policies governing employees and the company’s relationship with its employees. This includes creating an ideal organizational structure to run.
HR Management is a division that plays a role in developing the potential of a company’s employees as business assets.
If these assets are managed properly supported by the use of a good hr application system , then employee productivity will also be more effective and as a result can maximize company profits.
This division will equip its employees with various knowledge about the company, necessary facilities, training, coaching, administrative services, and so on.
All of that is fulfilled by HR management in order to achieve company goals.
The HR management of a company plays a role in ensuring that the relationship between the company and all employees and their team has solidarity.
If there is a solid relationship between the company and employees, then it is certain that the workplace will be conducive and minimize the occurrence of miscommunication.
Of course this will have a positive impact on the development and increase in the productivity of the company.
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The Importance of Human Resource Management
The existence of HR management is very important for managing employees in the workplace to achieve the organizational mission and strengthen the work culture in the company.
When HR is managed effectively, HR managers can more easily recruit new professionals who have the skills the company needs.
The aim is to advance the company’s vision and assist with the procurement of employee training and development in order to achieve the set targets.
HR management is an important part of maintaining or improving business health.
In addition, HR managers also play an important role in monitoring or monitoring the state of the labor market to help a company to remain competitive.
This includes issues such as ensuring fair compensation and benefits, work distribution programs based on areas of expertise, and many more.
From this explanation, the reasons for the importance of the existence of human resource management in companies can be described as follows:
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1. Strategic Management
HR management can increase company profits with its expertise and knowledge of how HR influences the company’s success.
Likewise in making company decisions that underlie staffing assessments and projections of workforce needs based on business demand.
2. Training and Development
The second reason is because HR managers are specialists in providing HR training and development.
Not only that, they are also good at coordinating the orientation of new employees and play an important role in establishing superior-employee relationships.
The field of employee training and development aims to prepare aspiring leaders for the next supervisory and management role.
3. Employee Satisfaction
They are also experts in creating relationships among employees in companies to achieve high levels of performance, morale and job satisfaction.
The trick is to administer employee opinion surveys, and seek employee input on job satisfaction.
Apart from that, it can also collect information related to how the company can maintain a good working relationship.
4. Recruitment and Orientation
The company’s human resource management is also important in managing the employment process.
From screening resumes to scheduling interviews and processing new hires.
Usually, they predetermine the most effective method of recruiting applicants.
This includes assessing which applicant tracking system is most suitable for the company’s needs.
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Benefits of Having Human Resource Management in the Company
Based on the several reasons for the importance of having an HR manager explained above, here are the benefits of HR management that you need to know.
1. Recruitment and Retention
With HR management, companies can obtain benefits related to employee recruitment and retention.
Among them can recruit qualified employees, and retain them in the company.
Not only that, companies can also provide their employees with the right training to increase productivity.
Provision of salaries, compensation and benefits to employees will also be fairer and in accordance with the skills and quality of work.
2. Fostering Good Relations
The second benefit of having an HR department is that the company can ensure the growth of good working relationships between employees.
They have the responsibility to hold seminars, meetings and other official gatherings related to HR development.
This department also helps when developing marketing and business plans.
In addition, HR management implements and develops an appropriate HR system for the company.
You need to remember that every company needs a company human resource management system that varies depending on the needs and type.
3. Conflict Management
There are times when conflicts may arise between employees and superiors in a company.
No one can avoid conflict, especially in the workplace.
However, the HR management team will act as a mediator or counselor to sort out these differences effectively.
They are able to take appropriate action to ensure that no conflict gets out of hand.
4. Productivity and Performance Increase
Proper HR management in managing employees will certainly have a good impact on work performance and productivity.
Employees who are placed in the right position can affect their comfort at work.
Performing HR management or management also affects the balance of the quantity of labor with the company’s workload so that it can remain effective and efficient.
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Duties and Responsibilities of Human Resources Manager
After understanding what HR management is and its functions and benefits, you also need to understand what are the responsibilities of an HR manager.
Here are some of them:
- Recruitment of employees: Procurement of manpower required by the company based on qualitative, quantitative, time and geographical aspects.
- Distribution of employee tasks: Work to be carried out is allocated to employees based on the company’s needs and the employee’s area of expertise.
- Development of employee potential: Supporting employees in their professional and personal development efforts. This is done so that employees are able to make a significant contribution to loyalty to the company in the long term.
- Prepare a budget for manpower requirements: Current employee numbers are matched against estimated workforce. If there is a discrepancy, it is used as a basis for decisions regarding the addition or reduction of employees.
- Employee evaluation: Staff members often require letters of recommendation or evaluation.
- The HR manager compiles all the information needs that have been provided by the executives in the company.
- HR Administration: All management related to personnel and administrative activities, such as payroll management, is one of the responsibilities of human resource management which is carried out continuously.
So, that was an article about human resource management that you need to know. Starting from the definition, functions, benefits, to responsibilities. Hopefully this article can help those of you who are looking for references related to HR management.