The Importance of the Human Resource Function
Human resource is the backbone of any business. It deals with the most important resource in the business – people. For any business to achieve its objectives they must plan their resources and one of their key resources is people. They need to get the right people and develop them well in order to meet the organization’s aims successfully.
As an organisation grows and expands, the human resource department
will know that the organisation needs to recruit more staff and they
plan carefully. Recruiting staff in an organisation is very expensive
and costly, so the human resource function helps the organisation to
get recruitment right.
The main elements of Human resource are:
* Planning
* Recruitment & Selection
* Training & Development
* Performance Measurement.
PLANNING
Planning is a process of determining the goals and objectives of a
business for a future period of time, developing the strategies
guiding the firm’s operations and utilizing resources towards
achieving the set goals and objectives.
A human resource manager needs to plan ahead and know what is going on
in and outside the company (labour market). He needs to be aware of
the past, present and future trends of employment in a particular area
of specialisation.
He needs to know if there are available skills needed or if there are
few people with the type of skill needed by the company. He also needs
to be aware for competition for employees’ i.e. if the company’s
employees are increasing the demand for labour or whether labour is
available due to redundancies.
The HR planning is all about getting the right ...