19 Pages
4846 Words
Introduction: Human Resource Management
Human resource management (HRM) is arranging, coordinating, as well as handling workers inside a company to achieve its objectives, vision, as well as mission. This entails recruiting, employing, training, paying, retaining, and encouraging workers. The procedure of HRM is hiring, deploying as well as maintaining company workers. HRM is frequently indicated to just as human resources. A business HR department is typically liable for making, putting into impact and supervision policies leading workers as well as the connection of the company with its workers. HRM relationship with other business functions is recruiting, benefits of employees, company performance management, compliance, strategic HRM, employee relation and engagement, retaining, training and development, career management and many more. HR also manages the worker relations, resource planning as well as administrative individual functions. They handle hiring, training, firing and individual issues in the business. They handle safety, worker motivation, interaction as well as administrative stuff. This manages workers relation and decreasing turnover that could assist to control costs as well as keep the fiscal stability of the companies. The essay will covered HRM function in companies and its role significant for 21st century companies. The essay will explain the HRM different approaches and the relation among HRM and organization performance. It will also discuss the way HR function handle worker recruitment. The way HRM function handles worker selection and induction. It will discuss HR planning, performance, talent, career management. It also explores employment relations, employee engagement and employment law, rights properly handled by companies. The essay wills analysis the concept of learning and e-learning and its impact on organizational performance.
MAIN BODY
The Role and Functions of Human Resource Management in Enhancing Organizational Success
The HRM functions are to better the worth of leadership potential, best talent, worker retention rate, organization goals as well as the organizations long-term docility at a superior maturity stage than the single presently in place. The organization and workers achievement depends a lot on HRM, in spite of the industry or size of the company.
There are many functions of HRM in any company. First is human resource planning involving line up the company employees with its goals as well as vision. Globalization, shifts in the policies, technological advancements, unpaid job resignations, variegation of the company goods/service collection, work-life harmony and volume hiring could the entire be managed tactically with a well-designed approach. The second is to recruit and select the best persons for the organizations. Attracting novel workers often starts with increasing a worker brand (Bratton, et al, 2021). The selection process is utilized by HR to recognize the mainly qualified as well as promising persons. The third is Performance management is to assure that workers are both active as well as motivated at workplace. Supervision, clear objectives as well as open feedback are all essential elements of successful performance management. The fourth is Employee participation and communication is to provide as a reliable forward looking on behalf of the employees. A multiplicity of problems that are important to workers must be interacted and information that is vital to employees is conveyed via communication. The fifth is Personal wellbeing and rewards are to financial reward, workers are pleased with chances for promotion, appreciation, an optimistic work atmosphere, as well as fit work-life equilibrium. Workers profit from a range of further factors too, involving great co-workers as well as momentous work.
They are important for the 21st century companies because there is much professionalism within the modern application of HRM in terms of handling worker welfare and appealing them in organizational procedures. HRM in the 21st involves workers working in teams as well as involving themselves within the decision making procedure. This century welcome a novel era that values workers as well as recognizes them for their input to organizational accomplishment. This century is worker driven because companies have understood the worth of having a pleased and satisfied staff. The primary difficulties appeared by organizational leaders in the modern business atmosphere in require remaining extremely competitive as well as victorious for if possible (Pattanayak, 2020). HRM in this century concentrates many on enhancing with the excellent working situations. Great workplace atmosphere allows workers to give their highest productivity.
The Evolving Role of HRM in Change Management and Organizational Performance
The way HR role evolving in contemporary companies is by change management in which companies’ experience numerous modifications in today quick paced business atmosphere involving mergers, restructuring, acquisitions as well as technological developments. HRM is vital in handling these shifts and assuring workers are successfully prepared as well as sustained through the evolution (Armstrong, 2020). This involves communication, change management and training tactics to enhance resistance as well as assure a smooth evolution. In contemporary changing situation the HR sits at the administrative table as well as crafts suggestions towards procedures, company solutions as well as strategies that are probable to better the skill of the workers to perform well as well as contribute successfully.
There are different approaches to understanding HRM in which involving human capital management, strategic HRM, and transactional human resources. All approach plays a different role in sustaining workers and employers. In human capital management is an approach for magnetizing as well as keeping top people as well as sustaining and motivating persons to attain their maximum potential particularly when joined with HR software (Mahapatro, 2021). However, capital management includes important costs involving hiring, training, benefits as well as compensation. Through harmonizing these costs while enhancing the ROI in human capital is a constant issue for companies. In strategic HRM entails better organizational performance, further effectual utilize of HR as well as enhanced worker satisfaction. Nevertheless, absence of cooperation is also a bid drawback for SHRM groups; resistance may come in the kind of workers, interdepartmental issues or resistance from superior management.
The link between HRM and organizational performance were the goal of HRM is the way companies may utilize their human resources to better their competitive performance. Human resources tactics are the decision making model of HR system guidelines in the field of company tactic as well as competitive perspective. The various models are resource-based view model in HRM states that the companies must look within the organization to get the sources of competitive edge through utilize of their resources. For example, British tours offer strategic resources and its quality which define its performance and competitive edge over its rivals (Vrontis, et al, 2022). According to the Harvard model in HRM draws that the HRM regulations regions of work structures, rewards as well as HR flow are interrelated as well as all affected by worker influence. For instance, Horizon travel developed own HRM tools to direct strategy as well as improve serve the requirements of the organization. Its talent cloud is necessary an inner customer relationship management which provides clearness into the competencies and encounters of the organizations workers.
Theories, Approaches, Frameworks, and Recruitment in Human Resource Management
The theories of HRM are contingency theory in which human resources refers to the employees inside the companies and this theory is worried with the entire workforce. HR may indicate a particular department inside the company that supervises the relationships as well as communications of everyone. For example, Jet2holidays utilizes the contingency theory to manage the demand as well as requirements of the service based on the conditions. The system theory offers for a company which will grow as well as shift as it gets feedback from both external and internal the company. Human resource systems also take inputs involving data, manpower from the outside environment as well as these facts create this system as open system. For instance, HR department is a subsystem of TUI and probably communicate with every further subsystem.
The approaches of HRM are proactive approach in which the HR managers must recognize the challenges as well as conflicts before they establish. As stated by this approach, it is improved to do avoidance than heal the issue. It assisted organizations to save a lot of important time as well as money without a lot effort (Stone, et al, 2023). The commodity approach is which the HR department utilizes, where workers efforts are sustained. It requires to be understood that employees are the actual commodity of a company. There is requiring that they work on the word of the needed parameters without making any problems. For example, Hays travel in a traditional HRM approach after that HR will hire workers just the once a department manager notifies them of an unclose position.
The frameworks of HRM could be explained as staff-centered, strategic as well as result based. It offers the conceptual center for the connection between organization outcomes and HRM function which is staff centered. Moreover, it emphasizes the strategic part of HRM, those functions which assist to enhance existing as well as future HR capacity to gather organizational goals. This framework recommends that HRM functions top able to affect staff performance as well as organizational outcomes must be personally allied under the form of talent management as well as must emphasis on developing individual employees competencies, conveying, mounting as well as keeping talent to attain elevated performance levels (Dessler, 2020). According to the link among HRM and organization performance in 21st century is HR practices and organizational leadership directly impact worker knowledge, abilities as well as motivation, as a result of impacting worker behavior concerning modernization, creativity as well as promise and finally leading to an increased organizational performance. HRM practices may play major parts like developing organizational capabilities, increasing worker fulfillment as well as bettering client and stakeholder fulfillment. Proper these practices do create a distinction in the working effectiveness of the company.
The procedure of recruitment is to actively looking for, finding as well as hiring applicants for a particular place or job. This also involves the whole hiring procedure from initiation to the person recruits’ incorporation into the organization (Chowdhury, et al, 2023). It also refers to the procedure of recognizing, attracting, interviewing, choosing, and hiring as well as on boarding workers. It includes everything from the recognition of a staffing require to filling it. The recruitment procedure is a tactical sequence of steps from work explanation to offer letter, planned to attract, evaluate as well as hire appropriate applicants.
Overview of Recruitment Stages and Methods
There are the stages of the recruitment procedure discussed. Identifying the organization requirements, in this Recruiters must make a record of the requirements of the organization or individual department earlier than making job postings. Job description, making a good job description is an important aspect in increasing an effectual hiring tactic. Once the HR understand the requirements of the company as well as the department must recognize or reassign the duties as well as tasks of the role. Talent search, in this recognizing the correct talent, appealing and motivating them to apply is the most significant factors of the recruitment procedure (Yusoff, et al, 2020). Screening and shortlisting, in this to move ahead with this procedure HR need to screen as well shortlist candidates efficiently as well as correctly. Interview, in this the shortlisted candidates will now go through the procedure of interview prior to getting an offer letter or a refusal note. Interview is conducted through video calling or face to face. Job offer, the most important thing is to assure that everyone on the recruiting team is in agreement regarding the best applicant and the salary as well as remuneration on offer. On-boarding, in this on the first date ensure that HR are there to welcome the novel worker and introduce to other people of the team.
There are different types of recruitment methods and its advantages as well as disadvantages are. The first is internal recruitment; the advantages are when HR source particular job role within the company. A few examples of internal recruitment are promotion, worker referral. So, workers are already well-known with the working surrounding and business culture. This is a good way to demonstrate the workforces that are valued. Nevertheless, disadvantages are that sourcing inside its actual staff can delay the company from obtaining new and creative ideas involving diversity. Internal applicants might not possess the particular abilities needed for certain responsibilities. For example, ABTA utilizes internal recruitment like promotions, re-organizations, role changes, transfers and co-workers becoming workers (Farooq, et al, 2022). The second is external recruitment; the advantages are when HR source applicants outside the company. Instances of external recruitment are social networking, career events as well as job posting. Brining novel hires may give the in-house groups brand novel ideas as well as approaches that could assist the organization (Yong, et al, 2020). However, disadvantages are it could take longer as well as cost extra than recruiting from inside the company. It could also damage worker confidence because recent workers might feel this decreases their probability for promotion. For instance, Bellingham travel might hire workers from outer of the company like social media, advertising. The third is recruitment agencies; the advantages are it manages the whole procedure save much time as well as effort along with speed up recruiting an applicant. Difficulty to find skillful, experienced as well as high-quality applicants, this could assist to find better applicants. The disadvantages are employing this agency may be costly and no cultural agreement.
The procedure of employee selection is putting right person to the appropriate job. This is a procedure of corresponding organizational needs with the abilities as well as education of people. Once there is effectual matching successful selection could be done. It is the procedure of selecting workers to fill particular jobs inside a company. This procedure involves reviewing resumes, interviewing applicants as well as making a last decision. The selection processes are discussed below: Beginning interview, in this crucial or normal interview which focused so as to remove the applicants who are fully weak to work in the company. This keeps the business with collection of probably suitable workers to fill vacancies. Getting applications of potential applicants seek for a job post by sending requests to the corporation. The application offers interviewers’ data regarding applicants such as experiences, interests as well as hobbies (Sadikova, 2020). Screening, previously the applications are got they are monitored through unique screening team who choose candidates from their resumes to confirm for interrogate. Employment tests in this prior to a company decides the correct job for some person, they must test their talent as well as abilities. Interview, this is made to recognize applicants’ skill set as well as work capabilities in corporations. In references check, individual that give the suggestion of a worker who is potential is also an extremely considerable source of details. Final selection in this after the applicant has successfully passed every written examination as well as interview, and then the worker is sent an offer letter to confirming selection to the job.
Different types of selection methods are assignment test in this method entails managing a test punctual that look like a related work task which candidate can get in an organization. Recruiters repeatedly give the time via email to the applicants from a shortlist. It could offer more data regarding applicants’ practical abilities for a work position involving the way they handle their time to meet a deadline professionally (Chowdhury, et al, 2023). For instance, TUI recruiting manager could need a writer to give in a writing test utilizing an organization interior style guide. Resume sorting procedure, in this a recruiter selects best applicants form CVs as well as extra application resources sent by digital job boards as well as portals. They usually utilize a set of rules that demonstrate qualities an organization prefers best applicants to have, involving related work experiences, abilities set as well as past training. To rationalize the procedure while maintaining superior principles, a recruiter may seek for keywords which go with the matching job description, while this illustrates an applicant commitment to the procedure. Interview, a record of applications to regarding top applicants, recruiting managers frequently brings each person to the workplace for an official interview. Some recruiting managers plan an organized interview procedure meaning they may plan questions as well as scoring metrics earlier; while additional prefer to inquire questions in reaction to information an applicant share.
Induction is the procedure through those workers adjusts or get used to their novel jobs as well as working surroundings. As element of this, orientation could be utilized for particular event that novel starters attend, as well as socialization could describe how novel workers develop working connections inside their novel teams. The importance of staff induction plan is to assist workers assure into their place at a novel business. To make sure the induction is effectual; make a checklist which indicates every document as well as information novel workforce will get on their initial day of the work.
Overview of Human Resource Management and Employment Law Principles
Human resource planning assures the top fit among workers as well as jobs while avoiding work force scarcities or excesses. There are main phases to the HRP procedures. These involve actions like training, hiring, development to line up the employees and supporting with the organizational objectives. This also assures that the corporation has right staff with suitable capabilities and abilities to develop a robust staff (Agarwal, 2021). The importance of HRP is that permits a company to well maintain as well as target the correct form of talent to use like having the correct technical as well as soft abilities to enhance their function inside the organization. It also permits managers to well train the employees as well as assist them build the needed abilities. Performance management is an interaction-based procedure between a manager as well as a worker happening during the year, to design, track as well as review the worker's performance, aims, goals, and total input to the company. Basically, this is what companies start to enhance their triumph and sustain a competitive advantage. Its components involve for a successful performance management are performance preparation, performance-based appraisal, continual performance feedback, performance improvement strategies, potential assessment and timings.
The procedure of talent management is an organized as well as arranged approach to recognizing, developing as well as recollecting talent. It naturally includes stages such as sourcing as well as appealing talent, involvement, culture, promotion as well as succession preparation. Its different approaches are employee development, in this boost staff to take part in constant training and growth programs to aid them grow novel abilities and development in their professions. Succession planning, in this to identifying the key positions inside the company as well as rising action tactics for persons to undertake those positions (Agyabeng-Mensah, et al, 2020). Career management is a continuing, aware and stepwise procedure of an individual to handle their profession to meet their private goals, objectives and ambitions. It is when a specific plans in development the way they need their profession to form up in upcoming. This involves career preparation as well as development as vital fundamentals, where a specific tactics temporary, medium-term as well as continuing career objectives and grow abilities consequently at all stage. Its importance to organizational performance to enhancing performance, increases worker engagement, goal setting, succession planning, enhance worker motivation to support organizational continuousness.
Employee relations specify a company hard works to preserve optimistic connections with workers. The aims of superior worker relations involve stimulating worker loyalty, enhancing engagement, decreasing turnover, as well as making an optimistic organizational culture. Employee involvement is the expressive and professional relation workers sense toward their company, co-workers and work. Elevated engagement begins enhanced job fulfillment, performance, worker retention as well as is a mirror image of an optimistic entire worker experience.
The basic principles of employment law are termination, in this initially the worker statement should be taken earlier the employee could be terminated for explanations related to behavior or performance. The company will give a termination letter in writing as well as representing the purpose for the termination. Discrimination, this law states that not discriminate against any employee in the workplace for religion, caste, race. It also involves any distinction, preference or exclusion which has the impact of in validating or damaging equality of chance or action in employment or job (Khassawneh, 2022). Pay, in this equivalent pay for equal work has also been counted. The reward system is wanted to be relational to the payment system that the person has imagined to obtain instead of their hard works. Employment agreements, usually, responsibilities of good trust as well as equitable dealing is disguised in every contract of employment.
Employee Rights, Workplace Management, and Organizational Learning
Employee rights at work are the right to safe working atmosphere employees believes that without secure, clean atmosphere as well as healthy working situations, social justice as well as economic development cannot be attained as well as that secure and well working atmosphere is identified as an essential right (Greer, 2021). Fair compensation right, assuring the pay for workers is fixed at a level which is both fair as well as live able and offers equal wage for equivalent work. The right to privacy, in this worker have the right to certain grade of own space along with right to retain personal data regarding themselves, covered as well as privacy rights regarding their work-linked actions as well as personal details, but extra often than anticipated, company policies nullification these rights.
They must be properly managed by companies as managers, comprehending worker rights and appropriate laws is vital to keeping a positive workplace, avoiding lawful clashes, and assuring the fair action of workers. It encompasses recognizing the legal contexts that rule worker rights, for example anti-discrimination laws, employees’ compensation laws, as well as lowest wage necessities. This all handled by the company to enhance employee fulfillment, productivity and retention.
In learning the change in the people could occur at the stage of facts, attitude or behavior. Learning is the procedure through which a company betters itself eventually through acquiring encounter and utilizing that encounter to make understanding. The knowledge formed is then sent inside the company (Strohmeier, 2020). However, Training could be expensive and time-consuming, particularly if it entails recruiting exterior trainers or transferring workers to off-site places. Training could also make a space between trained as well as untrained workers, which could impact their confidence as well as teamwork. E-learning, in this job training digitally could save organizations a huge contract of time, particularly when it is done non-simultaneous. This circumstance permits workers to begin training immediately they register as well as to carry on at their personal pace. After that, they could shift at their individual pace. Organizations could rapidly react to inner training requires due to eLearning course, without must organize for the people bodily obtain training. Nevertheless, sometimes, eLearning is too common. Ensuring an eLearning lessons are suitable for requires of the workers needs cautious selection. It is essential to analysis the lesson plan as well as teaching tactics methodically to achieve this.
Knowledge management could have an important optimistic affect on a company. From better choice making to increased innovation as well as improved client service, the profits are clear. By advancing in the administration of knowledge, companies could place themselves for long-standing achievement and expansion (Saks, 2022). However, Knowledge management devices might be too intricate for employees to understand, needing require for expensive training. Utilizing knowledge management devices mistakenly could waste time as well as money, stopping operational effectiveness. Employee retention impacts companies’ performance, efficiency, culture, success, and client satisfaction in optimistic as well as pessimistic ways. As the high rates of turnover create retention necessary for a company future achievement, retaining the incorrect workers could delay success. Nevertheless, elevated employee retention is disconnected workers who stay in their roles, damage efficiency, make noxious work surroundings, and force good workers away. Elevated retention could also produce difficulty executing change, less modernism, as well as an absence of diversity as well as inclusion.
CONCLUSION
The essay concludes that through exploring the HRM functions in companies to better the values of leadership potential, best talent, worker retention rate, organizational goals as well as the organizations long term maintainability. It also discussed about the different approaches of HRM human capital, SHRM to support workers and employers. The essay has argued about the way HR managed worker resourcing through recruitment as well as on-boarding to training and retirement. HR department has to track tourism industry trends as well as policies to remain on top of legal problems. Companies’ network has help to make easy knowledge distributing among workers. HR practices in company with organizational management, straightforwardly impact worker knowledge, abilities, and inspiration, as a result impacting worker behavior about advance, creativity, as well as commitment finally leading to a better organizational performance. The essay has also discussed success HR management is vital for organizational achievement. It plays an important role in appealing as well as keeping best talent, making optimistic as well as encouraging work surroundings as well as offering chances for worker training as well as development. The essay has discussed that the HRM for companies in the 21st century entails workers working in teams and getting included in the decision making procedure. This approach to HRM emphasis further more on contributing the value of workers through promoting capabilities, skills and work experience.
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