HUMAN RESOURCE MANAGEMENT

Human Resource Management

Human Resource Management

Introduction

Labor cost is one of the most significant costs to companies and businesses. Effective work force and good management of the work force ensures success for any organization or business. It is the people who make businesses, conducts it, and manages it. It is very difficult to find quality human resource in today's world. Hiring the right person for the job is necessary for the organization or business in order to ensure success for the business. It is a difficult task to hire quality human resource. Specially, in today's time, when there are only few job openings in the market and the supply of human capital is excess. Since, the demand for human resource is less, and the supply is more than necessary, it is a difficult task to screen every job application and select the best candidate for the job (Weatherly, 2003). This is not an easy task, and higher management cannot be engaged full time in finding and hiring the right person. This is the very first step in managing the human resource of any organization. Hiring the person is the first step of the human resource management ladder.

Apart from hiring the right person, there are many other issues involved in managing the human resource of organizations and businesses. Work force needs to be motivated, and kept happy in order to maintain their productivity levels. One way human resource is most motivated is through appreciation of work. This appreciation can also take the form of monetary benefit to the human resource. Designing a compensation plan and performance appraisal is complicated and a time consuming task to perform. Unless and until an employee can work with satisfaction and a sense of security he or she would not be able to work or perform their work up to the mark. One another issue faced by the organizations and businesses is the conflict of human resource among themselves, with their boss or with the organization as a whole (Becker, 1996, pp.779-801). These conflicts, unless and until resolved by the organization, can lead the organization or business to a downward path.

Discussion

The penalties and result of not managing the human resource is so severe that organizations, companies, and businesses, not matter at what scale they operate, set up a human resource department. These departments' sole objectives and purpose is to manage the human work force requirement and run the department effectively to ensure the organization doesn't face any problems related to human work force. Human work force is like assets to businesses and companies, in order to capitalize these assets (Dransfield, 2000). Human resource management works to their best. The creation of these departments can also be traced back in to history. In 1800's when the formation of work unions became very high, organizations and companies needed some management personnel to handle such issues. They were also required to stop and try to avoid the formation of these work ...