Human Resource Management Essay Example | Topics and Well Written Essays - 750 words - 4

Human Resource Management - Essay ExampleSufficient look studies have been undertaken linking Human Resource Management to the overall growth of a firm or boldness which is essentially its financial performance. It has been observed that there is a strong positive relationship between the two. In order to be successful, organizations want to invest in and build organizational capability which can be provided by focus HRM practices by HR professionals who create protect by increasing organizational competitiveness. This value is created across board, in every division, every team and every individual.The responsibilities of an HR Department ar focused on the Human Capital which has begun to enjoy prestige as the most dynamic factor of production. The tasks are multifaceted and includes some of these, listed in order of priority hereunderPeopleExtends from the day a need is established for taking on people, screening and recruitment, salary negotiation, placement and job profilin g, orientation, training and development, periodic reviews and appraisals, handholding, benefit initiatives, exit, replacement.RegulationsKnowledge and intervention regarding all laws, regulations, facilities whether state run or internal, that directly or indirectly trespass the employees.Various job profiles and content definitions of the Human Resource function have been created and recreated time and again. To have a better view, let us first analyse the challenges that face any organization today.