Scribd Logo
Upload

Welcome to Scribd!

  • 113 views

    Importance of HRM in Business

    Uploaded by

    Prince Kumar
    Human resource management plays an important role in businesses in three key ways. First, it enhances the dignity of employees by satisfying their social and professional needs, promoting teamwork, and providing opportunities for growth. Second, it helps organizations achieve their goals through effective motivation of employees, making the most of available talent, and securing cooperation. Third, it is important for individual enterprises as it can reduce absenteeism, motivate staff, promote teamwork, and help with recruitment, selection, and training to develop employee skills. Proper management of human resources is integral to business success.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd

    Importance of HRM in Business

    Uploaded by

    Prince Kumar
    113 views9 pages
    Human resource management plays an important role in businesses in three key ways. First, it enhances the dignity of employees by satisfying their social and professional needs, promoting teamwork, and providing opportunities for growth. Second, it helps organizations achieve their goals through effective motivation of employees, making the most of available talent, and securing cooperation. Third, it is important for individual enterprises as it can reduce absenteeism, motivate staff, promote teamwork, and help with recruitment, selection, and training to develop employee skills. Proper management of human resources is integral to business success.

    Original Title

    Importance of Hrm in Business

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Human resource management plays an important role in businesses in three key ways. First, it enhances the dignity of employees by satisfying their social and professional needs, promoting teamwork, and providing opportunities for growth. Second, it helps organizations achieve their goals through effective motivation of employees, making the most of available talent, and securing cooperation. Third, it is important for individual enterprises as it can reduce absenteeism, motivate staff, promote teamwork, and help with recruitment, selection, and training to develop employee skills. Proper management of human resources is integral to business success.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    113 views9 pages

    Importance of HRM in Business

    Uploaded by

    Prince Kumar
    Human resource management plays an important role in businesses in three key ways. First, it enhances the dignity of employees by satisfying their social and professional needs, promoting teamwork, and providing opportunities for growth. Second, it helps organizations achieve their goals through effective motivation of employees, making the most of available talent, and securing cooperation. Third, it is important for individual enterprises as it can reduce absenteeism, motivate staff, promote teamwork, and help with recruitment, selection, and training to develop employee skills. Proper management of human resources is integral to business success.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 9

    IMPORTANCE OF HRM IN BUSINESS ::

    1)SOCIAL SIGNIFICANCE: proper management of personnels enhance their dignity by satisfying their Social needs. a) Maintaining the balance between the jobs available and jobseekers ,accroding to the qualification and the needs. b) Providing suitable and most productive employment. c) Making maximum utilization of the resource in a effective manner and playing the employee a reasonable compensation in

    proportion to the contrribution made by him. d) Eliminating waste or improper use of human resourse,through conversation of their normal energy and health. e) By helping people make their own decission,thet are in their interest 2) PROFESSIONAL SIGNIFICANCE:by providing health working environment,it promotes team work in the employees.. a) Maintaining the dignity of employees as a humanbeing.

    b) Proiding the maximun opportunities for personal development. c) Providing healthy relationship between differeent work groups so that work is effectively performed. d) Improving the employees working still and capacity. e) Correcting the errors of wrong postings and proper reallocation work. 3) SIGNIFANCE FOR INDIVIDUAL ENTERPRISE:it can help the organization in accompishingits goals by:

    a) Creating right attitude among the employees through effective motiation b) Utilizing effectively the available human resources c) Securing wiling co-operation of the employees for achiving goals of the enterprise and fulfilling their own social and other phychological needs of recognition, love, affection, belongingness,esteem and self-motivation.

    Role Of Human Resource Management In Todays Business World

    Human resources are one of the most important features of many businesses, especially in an economy where there is an increasing shift towards service-based industries.Human resources account for a large proportion of many businesses costs and it is the people that invariably drive a business. Management of these resources therefore is an integral part of business success. The main aim of this unit is to develop an understanding business. The of how role management of human functions can affect the performance of measure resource management are as follows :

    1. Reduce absenteeism : if staff are absent from work they are not able to carry out the function for which they have been employed. In many businesses, these functions have to be taken on by someone else- if not, the customer could suffer. Reducing absenteeism is an important feature of human resource management. 2. Motivate the staff : motivation is an important part in reducing staff turnover and minimizing can and be staff done work absenteeism. by work atmosphere. Motivation environment

    Motivation is done by creating interest in the job of the staff by taking suggestion

    schemes, and giving out some gifts for best suggestion will definitely motivate the staff. 3. Team work : many business places gives more importance to team work. A good team consists of people with different skills, abilities and characters. 4. Recruitment and Selection : when

    candidate apply for a job, a business will have to make a shortlist and draw up plans for the interview process. After shortlisting their is psychometric tests conducted. Psychometric tests means 3 types of tests i.e ability test, personality test and interest test. Finally the selection is conducted.

    5. Providing training programmes for the staff : the main role of human resource management is to provide its staff with training programmes on the current topics with which they can develop themselves with the present situation.

    Assignment on Importance of H.R.M in Business

    Submitting to- ms. Roshini james

    Submitted by- kaushik mondal

    The oxford college of business management

    You might also like