Friday, December 27, 2013

Article by Sasidharan


Human resource management is the management process of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture and ensuring compliance with employment and labor laws.

In the current global work environment, all global companies are focused on retaining the talent and knowledge held by the workforce. All companies are focused on lowering the employee turnover and preserving knowledge. New hiring not only entails a high cost but also increases the risk of the newcomer not being able to replace the person who was working in that position before. HR departments also strive to offer benefits that will appeal to workers, thus reducing the risk of losing knowledge.

HRD activities in a company
· Recruitment Management
· Workforce Planning
· Induction Management
· Training Management
· Performance Management
· Compensation & Benefits
· Attendance Management
· Leave Management
· Benefits Management
· Overtime Management
· Pay slip Distribution
· Time sheet Management
· Employee Information/ Skill Management
· Grievance Redressal
· Employee Survey
· Exit Interviews & Process
Health & Safety

Skills to develop throughout your career for HR
· Learn how to clearly define a problem and probe at the root causes.
· Learn how to use technology to your advantage.
· Continually develop your listening and communication skills.
· Learn how to effectively communicate and navigate the virtual world, including the use of social media.
· Research best practices, both internal and external to the Federal Government, and gain a broad theoretical and practical background in HR.
· Learn how to serve as a business partner and advisor. For example:
o Develop effective consulting skills.
o Learn the process of data collection and analysis.
o Learn how to produce well-written and effective reports that communicate useful information.

Seek opportunities to prove your value to customers.

Writer : Sasidharan. S
HR Student at IFIM BSchool


Unknown said...

Hi Sasi,
Its really a good revision to read the initial basics of HRM. But dont you think the word HRM in todays organizations have been replaced by SHRM? As it would be a good understanding on how to align your Vision and Mission through HR policies, processes and planning. I request you to add a note on SHRM in the next issue. Wishing many more interesting articles from you.