Wednesday 27 May 2015

THE IMPACT OF HUMAN RESOURCES MANAGEMENT AND ITS IMPLICATION ON PRODUCTIVITY IN AN ORGANIZATION


CHAPTER ONE
INTRODUCTION
1.1            BACKGROUND          OF THE STUDY
Human resource management (HRM) is concerned with the personnel policies and managerial practices and systems that influence the workforce William et al, (1996). Human resource management specialists in the HRM department help organizations with all activities related to staffing and maintaining an effective workforce. According to Collins (2005), major HRM responsibilities include work design and job analysis, training and development, recruiting, compensation, team-building, performance management and appraisal, worker health and safety issues, as well as identifying or developing valid methods for selecting staff. HRM department provides the tools, data and processes that are used by line managers in their human resource management component of their job. “The HRM focus should always be maintaining and, ideally, expanding the customer base while maintaining, and ideally, maximizing profit. HRM has a whole lot to do with this focus regardless of the size of the business, or the products or services you are trying to sell.” HRM is involved in managing the human resources with a focus on expanding customer base that gives profit to the company Sels, (2006).
           "Human resources" (HR) is a term that is used in business to refer to the people who work for a company or organization. This term was coined in the United States during the 1960s, when labor relations became a greater concern for U.S. businesses, and has since spread around the world. The people who make up a company's workforce, its human resources are considered to be an asset to the company, just like its financial resources and material resources, such as buildings, machinery and other equipment. A company is more likely to be successful if it manages its entire resources well, including its people Singh (2004). This is why many companies have human resources departments, even though those departments do not directly contribute to the company's production, services, sales or profits. Rather, effective HR departments allow and encourage the companies' employees to do their best, which in turn contributes to the success of those companies.
       One of the main roles of an HR department is managing current employees. Unlike managers who directly oversee the employees' day-to-day work, the HR department deals with concerns such as benefits, pay, company policies and training. Among the benefits that might be handled by the HR department are insurance plans, paid vacations, paid leave for illnesses and other health matters, pension plans and employee investments Cooke (2000). The HR department also might settle conflicts between employees or between employees and their managers as well as grievances filed against the company by employees.
          Human resources also involve the acquisition of new employees. HR workers might be involved in recruiting potential employees through advertisements or at job fairs Wood (1999). In some cases, the HR department will try to hire certain types of people or at least ensure that certain types of people are employ to improve the diversity of the company's workforce. For example, a company might look for candidates who belong to a certain minority demographic. The HR department often collects and reviews job applications before forwarding those of the best applicants to the appropriate managers in the organization. The hiring process might also include background checks, credit checks and drug testing. After a new employee is hired, the HR department typically provides orientation, including instruction in company policies, and ensures that the employee is properly trained for his or her job.
        A company's HR department also plays a role when an employee leaves the company for any reason. If an employee is fired or otherwise let go against his or her wishes, certain tasks must be performed by the HR department to ensure that the process was done legally. In some cases, severance pay must be offered or negotiated, and outstanding balances of paid vacation time and other benefits must be settled. The HR department might also need to collect all keys or other equipment from the employee and make sure that he or she no longer has access to the company's resources, including computer networks.
      Employee morale is another concern for many human resources departments. An HR department might be responsible for choosing an employee of the month, arranging holiday parties and other get-togethers for employees or otherwise rewarding employees for good performance. The HR department often is concerned with creating a positive, enjoyable work environment. This can improve employees' production and contribute to the rate of turnover among the company's workforce. Human resource management (HRM) is based in the efficient utilization of employees to achieve two main goals within a company or other organization. The first is to effectively make use of the talents and abilities of each employee to meet the operational objectives that are the ultimate aim of the organization. Along with this, the practice also seeks to ensure that individual employees are satisfied with both their working environment and the compensation and benefits that they receive. At times, the two main HRM functions seem to be at odds with one another Huselid (1995). There are certainly instances where it is impossible to arrive at solutions that are in line with both the aims of the company and the desires of the employee. When this happens, effective managers are faced with the task of finding a resolution that protects the interests of the company, but at the same time provides and acceptable level of satisfaction to the employee. This process can sometimes take a great deal of expertise on the part of the human resource personnel, but ultimately can help establish the best solution for all concerned parties.
       Among the human resources issues that are generally handled by HR management personnel are the drafting of position descriptions for all levels of employment within the company, setting the standards and procedures that are used for hiring new employees, and determining benefits that are extended to existing employees. Disciplinary procedures, as well as procedures for recognizing employees for exemplary work, also fall under the province of human resource management. The HR department often seeks to provide the highest quality benefit packages possible, given the current financial position of the company. To this end, personnel will typically seek the best in group health insurance, retirement programs, profit sharing, and vacation and personal days. Preparing and maintaining a company employee handbook is often the province of human resource management. As part of that process, the management team will ensure that all guidelines and regulations contained within the text comply with local, regional, and national laws that affect the status of employees. Managers will also provide all employees the opportunity to understand the provisions within the handbook, both as part of new employee orientation and as an ongoing employee education process. Often, human resource management and personnel are called on to mediate disagreements between employees and immediate supervisors Patterson et al (1997). In these situations, the mediator will seek to represent the best interests of the company, ensure that the dialogue and process is in compliance with laws governing employment within the country of residence, and seek to profile solution and reconcile the parties.

THE COMPLETE PROJECT IS CHAPTER 1-5 #4000 ONLY
PAYMENT PROCEDURE;
BANK: FIRST BANK
ACCOUNT NAME:
EGBE JOHN EDOGI
ACT NO: 3034851408
GTBANK
ACCOUNT NAME:
EGBE JOHN EDOGI
ACT NO: 0122005571
Please after payment send the teller number and your name the way it appear in the teller to any of the following phone number:
08037940241
08183133884
egbe4u@gmail.com

You will receive your material in your email box within 24 hours after payment. Thanks for doing business with us.

No comments:

Post a Comment