HUMAN RESOURCE

HR and Employee Benefits

HR and Employee Benefits

Part 1

Importance of HR for an Organization

Human Resource Management is the most important and integral part of every organization. The way a HR department runs, deeply affects the whole organization. A hefty part of an organization's growth depends on the Human Resource department as they are responsible for recruiting the people who are suitable for the job. An organization needs talented and skilled people to drive their company towards success, and for that, the organization needs a capable and talented HR team (Mirsepassi, 1999). If a company has a flexible, highly skilled and strong management and workforce then it will surely be successful. The human resource management (HRM) is a set of practices of management aimed at mobilizing and developing human resources for greater performance of the organization.

Human Resource is the most important and integral part of every organization. The way a HR department runs, deeply affects the whole organization. A hefty part of an organization's growth depends on the Human Resource department as they are responsible for recruiting the people who are suitable for the job (Dyer, 2000). An organization needs talented and skilled people to drive their company towards success, and for that, the organization needs a capable and talented HR team. If a company has a flexible, highly skilled and strong management and workforce then it will surely be successful.

Objectives and Goals of HR

The goal and objectives of the Human Resources Department is to help individuals and organizations achieve their goals. In the course of their work, the Human Resources departments face many challenges arising from the demands and expectations of employees, organization and society (Najafbeygi, 2007). The main objectives of the human resource of any organization are as follows:

Recruitment and Selection

Training and Development

Performance Management

Managing Employee Behavior

Management of Employees' health and Safety

Compensation and Benefits

Improving the Communication Process

Example

An example of successful HRM can be taken of WL Gore & Associates. The company is a success story of a unique company that transforms from a family business to a global company adopting the innovation and commitment to excellence as a corporate strategy. Today WL Gore & Associates is a global leader in the development and delivery of components of this material and its commitment to innovation and technological capacity have resulted in groundbreaking products and the highest quality in its class, recognized worldwide (Gore, 2008).

Due to its unique management system with no senior executives or any hierarchy, the organization runs in a very different way as compared to the traditional management system of other organizations. One of the company's essential initiatives of HR is the cultural awareness program. This program enables the new employees to get to know the company, their system and how the work they will do will be appreciated. The employees are work under associates who guide them whenever they need help (Luthans, 2004). The company rewards their employees by asking the associates to rank their members of the team ...