MANAGEMENT

Human Resource Management



Human Resource Management

Introduction

Effective Human Resource Management can change the entire look of the organization by allowing it to work much more smoothly. The Contribution of Human Resource Management in the growth of the organization cannot be denied. This is the reason due to which many organizations today are taking steps in order to transform the role of Human Resource Management. Human Resource Management tends to be considered as the backbone of any organization because it is HRM which can deploy the workforce in a way, to increase the overall output of the employees thus resulting in greater profitability of the organization. 

Human Resource management tends to create an environment within an organization where competition tends to increase in the organization (Dooley & Alagaraja, p. 473) allowing better results to be achieved by the organization along with the better management of the employees. It is very important in today's world to align Human Resource Management with the hierarchy so that the organization can compete with the outside world. Thus, in the context of this paper we intend to shed light on the role it can play in various aspects such as the importance of motivation and the concept of psychological contract as well as the how performance appraisal plays an important part in boosting the morale and consequently the efficiency and effectiveness of the employee.

Psychological Contract

Psychological contracts are said to be an implicit exchange that occurs amidst the organization and the employee which basically specifies that each entity expects to give and take from each other in the relationship they tend to sure. It is said to be the set of beliefs of the employee which are moulded or shaped by the organization in terms of the exchange agreement amidst the employee and the employer. Psychological contract entails a set of reciprocal promises which are to be fulfilled by each entity.

Unpacking the language associated with Psychological contract

Psychological contracts are said to be dynamic by nature in terms of relationship since there is a bonding amidst the employer and the employee with respect to employer-employee relationship. It reflects the perceptions as well as the expectations. Psychological contracts are said to be a source of motivation for the employees and stimulates them to fulfil the obligations provided that the other entity also fulfils the promise. A healthy psychological contract is said to be linked with outcomes. Outcomes promotions and appraisals and if such outcomes are not delivered despite the fact that the required efficiency and effectiveness has been given by the employee then it is most likely that the employee will feel that there has been a breach of psychological contract and that eventually leads to lack of motivation. 

Employers expectations

Employees expectation

Hard Working

Safeguarding company reputation via ethical conduct;

High levels of punctuality;

Being loyal;

Flexibility in working hours whenever need arises;

Constantly updating the competency levels in terms of knowledge, skills and abilities.

Being flexible in terms of being open and receptive to change;

Being courteous to the customers, ...