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the importance of people management

the importance of people management

by KARISSA NORONHA . -
Number of replies: 0

Human Resource Management includes all activities used to attract & retain employees and to ensure that they perform at a high level in meeting organizational goals.

These activities are made up of :-

•Recruitment: develop a pool of qualified applicants.
– Selection: determine relative qualifications & potential for a job. 

•Training & Development: ongoing process to develop worker’s abilities and skills.

•Performance appraisal & feedback: provides information about how to train, motivate, and reward workers.
–Managers can evaluate and then give feedback to enhance worker performance.

•Pay and Benefits: high performing employees should be rewarded with raises, bonuses.
–Increased pay provides additional incentive.
–Benefits, such as health insurance, reward membership in firm.

•Labor relations: managers need an effective relationship with labor unions that represent workers.
–Unions help establish pay, and working conditions.

  

If management moves to a decentralized structure, HRM should be adjusted as well.