An essay on the importance of human resources in a company

Short essay on human resources

For a person, who has a soul, ability to reason and act in response, it is hard to alter the person's working speed as well as the duration. The two, it is hope, will come together. The report shows how HRM contributes in any organisational achievements. It includes all forms of planned learning experiences and activities designed to make a positive change to the performance of a company. Search our content:. Imparting knowledge can improve the productivity of workers and therefore, can raise the per capita income. At the beginning of every year, HRM office communicates the objectives of the company and reviews their achievement at the end of the same period.

Development Personal development is where an individual takes responsibility for a skillful or academic learning in achieving his or her own personal goals and career aspirations, which also enhance the effectiveness of the organisation.

In this report HR planning and development methods are examined in detail and the way to improve HR performance are suggested. In other words, there is more to the workday than the work that is being done, and people who work closely with one another can and should get along.

Importance of Human Resources 3. You will be encouraged to draw on your own experience as this will help you to develop a clearer understanding of HRM. In order to effectively invest on the human resources modern firms ought to institute humane employee relations policies, reviews on package offered, appraise performance regularly, build motivation-oriented culture and possibly institute open channels to assist in participative management practices where employees are deliberately engaged during decision procedures.

Essay on human resources development

Though it is ethical to hire from the contextual economy, political pressure should not compromise the quality and quantity of organization's production and a resulting failure in achieving the organization objectives. Thus in view of its importance, it is quite essential to know both in quantitative and qualitative terms, the size, rate of growth, the composition, distribution and all other demographic features of population of India. These objectives are always evaluated and monitored as it shows how successful the organisation is and how employees are meeting their personal objectives. Motivation Motivation is a concept used to describe the factors within an individual which arouse, maintain and channel behaviour towards achieving a goal. First, there is non monetary compensation. Indeed, it is people and not organizations that constitute an organization. The organization has a responsibility not only to invest heavily in technology and detailed professional processes but also on its workforce and strategic management policies. This theory suggests that unsatisfied needs can lead to dissatisfaction. If an organisation should focus on developing its people, it will increase loyalty and motivation amongst workforce. Finally, compensation can be indirect. Accordingly Prof.

Essay 3. From recruitment to employee retention, HRM has always committed to assist company to search and retain talents that have values toward the sustainable development.

need of human resource management

This strategic human resource planning has focused upon the Michigan and the Harvard human resource models which we need to understand and analyze. It is cost effective and time saving. As such, the budgetary constraints associated with right hiring are cheked. Exit may result from retrenchment, obsolescence, retiring, resignation or termination of employment.

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Essay on Human Resources