Subject: HUMAN RESOURCE MANAGEMENT Professor: MICHELLE M. PROBADORA
7 MAJOR FUNCTIONS OF HUMAN RESOURCE MANAGEMENT
1. STRATEGIC MANAGEMENT
Strategic Management is the process of formulating,
implementing and evaluating business strategies to achieve future objectives. This includes all activities leading to the organization achievement of objectives.
Human Resource professionals are proactive in planning for
the future by meeting the continuous short-term and long-term strategic objectives of the organization. Strategic Management enables the organization to focus on long-term directions and interface with the internal and external environment and stakeholders.
In the descriptive and prescriptive management text,
strategic management appears as a cycle in which several activities follow and feed upon one another. The strategic management process is typically broken down into five steps: mission and goals, environmental analysis, strategic formulation, strategic implementation, and strategy evaluation. At the corporate level, the strategic management process includes activities that range from appraising the organizations current mission and goals to strategic evaluation. 2. WORKFORCE PLANNING AND EMPLOYMENT
It is clear that Human Resource Management is a very crucial
function in an organization. The processes of human resources planning, recruitment, and selection and retention are very important as they determine the performance of an organization to a very large extent; they should for this reason be handled carefully to allow for their success and hence that of the organization as a whole. The processes are dependent on each other and success in one lead to success of the other and the reverse is also true.
The changes in the practices involved in these practices
plus others in Human Resources Management docket has been fuelled by the understanding of the importance that is associated with the human resources and hence the need for proper selection, hiring and retention. The recognition that employees are driving force towards success of an organization has also contributed positively in the process of Human Resource Management.
Workforce planning can equip to meet the challenges faces by
the organization. Effective workforce planning requires strong executive leadership; clearly articulated vision, mission, and strategic objectives; and cooperative, supportive efforts by staff in several functional areas.
Department managers collaborate with Human Resources to
determine staffing needs and to fill job vacancies in a timely manner whenever the needs arise. The HR recruitment team strategically recruits and selects only the best applicants for the company and ensures workforce efficiency thereafter in an effort to help the organization accomplish it goals and objectives. 3. HUMAN RESOURCES DEVELOPMENT (Training and Development)
In the age of international competition in today’s
generation, organization or companies must train their employees and prepare them for jobs in the future. Human Resources is responsible for insuring that employees receive the appropriate training to adequately perform their jobs. The ability, and encourage, to continue to develop their skills help and motivate employees. Thus, employees will be equipped to help achieve desired departmental and company goals and objectives.
Human Resource Development is the framework for helping
employees develop their personal and organizational skills, knowledge, and abilities. HRD includes training an individual, providing opportunities to learn new skills, distributing resources that are beneficial for the employee’s tasks, and any other developmental activities. It is important to make employees more competent. This set of processes within the HR department is critical to employee on boarding and retention. HRD is integrated use of training, organization and career development efforts to improve employees and organizational effectiveness. Training and development is at the heart of an organization that seek continual growth and improvement. It is a process of learning provided to new and existing employees acquiring knowledge and technical skills and developing attitudes of behaviour in order to be more effective in their jobs. It focus on developing the most superior workforce so that the organization and individual employees can their work goals in service. Without learning and development of personal and professional skills, employees grow stale and stagnant. Human Resources develops the key competencies that enable individuals in organization to perform current and future jobs through planned learning activities. HRD program, employees become more committed to their jobs.
As every training program has to respond to a variety of
needs and accomplish specific goals, it should take into consideration all the factors applied in planning the training program. It is also significant for the training program to satisfy the employee’s needs and to be evaluated for the quality of perceived training as it is considered a valuable investment for the organization.
4. TOTAL REWARDS (Compensation and Benefits)
The phrase “compensation and benefits” has given way to
“total rewards”—which encompasses not only compensation and benefits but also personal and professional growth opportunities and a motivating work environment. The Human Resources benefits team is responsible for acquiring and administering an attractive compensation and benefits package for all the employees. This might include: a competitive salary range, medical, work-life flexibility, performance, recognition, and growth and development.
Total Rewards is a concept that describes all the tools
available to an employer that may be used to motivate and retain employees. In general, most employees regardless of title or role within the organization have an expectation regarding their salary. The right total rewards system—a blend of monetary and nonmonetary rewards offered to employees can generate valuable results in the organization. These results range from enhanced individual and organizational performance to improved job satisfaction, employee loyalty, and workforce morale.
Among all kinds of budgets in an organization, remuneration
cost remains a part of great importance. We believe organizations should be intentional in offering a total reward program to their valued employees. When employees feel supported by their organization, it becomes a win relationship. The investment translates into a more loyal, productive and engaged employee. The monetary, as well as the non-monetary benefits, are designed to encourage growth in both personal and professional endeavours. Additionally, total rewards programs can incorporate company policies. Ultimately, total rewards systems create a comprehensive valuation of all employee benefits and perks.
Successfully implementing a total rewards program will
always be challenging. To boost the chances of success, the company must carefully shepherd the project, it requires careful thought, patience, and a willingness to solicit input from a wide range of individuals in the organization. But the effort is worthwhile. A well-thought-out and skillfully implemented rewards program can give the organization a competitive edge. In particular, it can help to generate the company outcomes that matter most to the strategy—whether those outcomes take the form of employee retention, productivity, job satisfaction, or service quality. In an age of stiffening competition and increasing pressure to do more with less, no organization can afford to ignore the strategic value that a well-designed total rewards system can provide. 5. POLICY FORMULATION
Policy Formulation is the development of effective and
acceptable courses of action for addressing what has been placed on the policy agenda. It is an important phase devoted to “generating options about what to do about a problem” and is inherent to most, if not all, forms of policy making.
Human Resources keeps new hires and current employees
abreast of the policies and procedures of the organization. This might include the distribution of employee handbook, code of conduct manual and performance appraisals guidelines. It consists of deliberate organizational activities designed to improve employee productivity and administration through such means as recruitment, compensation, performance, evaluation, training, record keeping and compliance.
Human Resources Management Policies are the formal rules and
guidelines that the organizations put in place to hire, train, assess and reward the member of the workforce. These policies can serve to prevent many misunderstanding between employees and employers about their rights and obligations in the workplace.
It is a continuing guidelines on the approach of which an
organization intends to adopt in managing its people. They represent specific guidelines to HR manager on various matters concerning employment and state the intent of the organization on different aspects of Human Resource management such recruitment, promotion, compensation, training, selections and other. They therefore serve as a reference point when human resources management practices are being developed or when decisions are being about an organization’s workforce. 6. EMPLOYEE AND LABOR RELATION
Employee and Labor Relations assists with general management
regarding developing, maintaining and improving employee relation- ships through communication, performance management, processing grievances and disputes as well as interpreting and conveying policies. Essentially, Employee and Labor Relations is concerned with preventing and resolving problems involving employees which stem out of or affect wok situations. In addition, Employee Relations recognizes employees for service contributed to the organization and provides assistance with professional growth.
The employee relations team seeks to align the employee’s
needs and rights with the needs of the organization. Things such as: union and non- union issues, discrimination issues and more are matters that should be handled by the labor relations department. Employees must stay compliance with the law in making sure that every employee is treated fairly. Employee are encouraged to contact employee relations should they ever feel that they were treated unfairly or to resolve other workplace problems.
At the heart of labor relations is the desire of both
management and labor to create an efficient and effective organization. When this happens, management is planning, organizing and directing work such that employees understand their roles and responsibilities in a way that they can produce the desired outcomes. There is a healthy work environment and strong working relationships amongst everyone. The employees have an opportunity to contribute and each feels valued as part of the collective effort of the unit. A mutual respect exists between management and employees.
HR manager is basically responsible for the control labor
through human relation approaches. Employees differ in nature and therefore, it is but natural that due to any communication gap, labor relations may spoil within the organization. Therefore, the Human Resource department should know the proper policies, rules and regulations with the regard to labor relations. Harmonial relationships are necessary for both employer and employees. It not only results in industrial peace but also leads to better future.
7. RISK MANAGEMENT
Risk management is the identification, evaluation, and
prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Human resource risk is the probability of unfavourable events’ and threats’ realization occurrences coming from people as a result of decision making. It plays an increasing role in the companies’ activities.
The HR risk management team along with the department
manager should be proactive in detecting risk items that could pose a possible treat to the company. Health care institutions in particular, should take extra precautions in providing a safe work environment for its workers or employees. HR should provide safety training and issue handbooks to its employees to educate them on risk management issues. Employees face a legal obligation to provide a safe and hazard free work environment.
Concluding, understandably, some may use some terms like
personnel and human resources interchangeably. However, keep in mind that the Human Resource professional’s role is not just limited to administrative duties in the company, but instead they provide continuous support in the planning process and the development of an organization.