Functions of HRM
HRM can be divided into managerial functions (strategic and policy-related) and operative functions (practical and employee-focused). Below is an overview of the key functions:
1. Managerial Functions
These involve planning, organizing, leading, and controlling human resources to achieve business goals.
HR Planning:
Forecasting workforce needs based on future business requirements and planning for recruitment or training.
Organizing:
Structuring roles and responsibilities, designing job descriptions, and defining reporting relationships.
Leading and Motivating:
Inspiring employees to achieve their best performance through leadership, motivation, and engagement strategies.
Controlling:
Monitoring HR activities such as performance management, compliance, and employee satisfaction to ensure alignment with organizational goals.
2. Operative Functions
These are the day-to-day tasks that HR departments carry out to manage the workforce.
1. Recruitment and Selection
Identifying vacancies and attracting suitable candidates.
Screening applicants, conducting interviews, and hiring the best talent.
Managing onboarding to integrate new employees smoothly into the organization.
2. Training and Development
Conducting orientation sessions to introduce new employees to their roles and company policies.
Offering skill enhancement programs and professional development opportunities.
Providing leadership development to groom potential leaders for future roles.
3. Performance Management
Setting performance goals and monitoring employee progress regularly.
Conducting performance reviews and appraisals to provide feedback and set improvement plans.
Rewarding employees through promotions, bonuses, or incentives for outstanding performance.
4. Compensation and Benefits Management
Designing competitive salary packages aligned with industry standards.
Administering benefits such as insurance, retirement plans, and paid leave.
Ensuring fair and equitable compensation practices within the organization.
5. Employee Relations and Engagement
Handling grievances and resolving conflicts between employees and management.
Promoting employee engagement through recognition programs and wellness initiatives.
Fostering positive work culture and maintaining effective communication channels.
6. Compliance with Labor Laws and Regulations
Ensuring that the organization complies with local and national labor laws and workplace safety regulations.
Implementing policies that prevent discrimination and harassment.
Keeping proper documentation for audits and ensuring ethical employment practices.
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