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9 Major Functions of Human Resource Management

9 Major Functions of Human Resource Management

Human Resource Management or HRM is basically concerned with managing the work environment of an organization through bridging the gap between the employers and employees. This is merely a definition; this blog will define the functions of human resource management in a broader manner.

A well acclaimed agency once conducted a survey that says about 79% of employers think that employee retention is a big stigma inside an organization. The businesses that have run employee engagement programs witnessed 26% annual growth. This clearly indicates the importance of human resource management in small as well as large businesses.

Functions of Human Resource Development

The core purpose of resource management system is to take care of employers, employees and other staff linked directly or indirectly with organizational goals. HRM looks after the present scenario of HR industry and throws light on the areas of improvement along with ensuring the employee satisfaction level to be on the higher side. Though resource development involves vast efforts by the professionals, here we have listed top nine functions of HRM –

Improving work environment

There are several factors that may improve the overall work culture of an organization. These include –

·        Maintaining transparency in HR process

·        Laying emphasis on employee satisfaction

·        Choosing best employee management software

·        Bringing automated tools for leave approval, travel expense reimbursement etc on board

·        Creating positive ambience inside the company

·        Focussing on strategies that ensure high productivity and business growth

Fulfilling organizational goals

Meeting the objectives of an organization is the primary goal of HR for which the resource management system must be active enough to handle the requirements of workforce like on boarding, hiring, payroll etc. HR professionals should take the support of employee management software to increase the efficiency of work.

Ensuring learning and development of employees

Brushing up the learning skills of the employees from time to time is one major part of HRM. Hr professionals use advanced tools to plan and strategize the learning and development sessions of workforce. Best learning and development software can be picked up to get auto-reminders, reports, automated assessment and tracking.

Making arrangements for employee training programs

HR professionals encourage employee training programs inside the company to keep the workforce abreast with newly launched products and services. Not only this, effective learning modules related to organizational goals are also arranged by HR professionals through automated tools.

Focussing on employee retention

Hiring and on boarding of employees are effective only when retention policy is well implemented within an organization. HR management must find ways to retain the existing employees as their experience is valuable for company’s growth.

Running motivational sessions for employees

Motivation plays an important role in employee retention and thus HR professionals must focus on it. For this performance management and appraisals can be encouraged within the organization. Apart from this, employees can also be involved into weekly and monthly HR meetings and their inputs should also be considered.

Team Empowerment

Making your team self sufficient is quite beneficial for business and this can be possible through human resource management software. Its automated system of placing leave requests, generating salary slip, managing leave calendar, checking tax statement etc would make your team completely empowered. Moreover, HR can also track such details through same software.

Team coordination

For ensuring coordination and proper communication among the employees of the organization, HR must introduce integration tools so that the information flow is smooth between them. Transparency and seamlessness in HR process are the two pillars that enhance team coordination.

Managing company compliance

HR professionals can not overlook payroll compliances of the company as this may lead to hefty penalties. Automated tools are actively available for reducing errors and mistakes in this parameter.

Savvy HRMS software is quite effective in managing above stated functions of human resource development.

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