An Organizations Greatest Assets Commerce Essay

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The human resource department involve peoples who perform its actions.Human resources are an organizations greatest assets because without them, everyday Business functions such as managing cash flow, making business transactions, communicating through all forms of media, and dealing with customers could not be completed. Human resource management (HRM) is apprehensive with the workers strategies and managerial and administrative practices and structures that influence the workers. In bigger terms, everything that affect the labour force of the company related with HRM functions. The actions involved in Human resource function are prevalent in the organization. Line managers; usually pass more than 50 %of their time for HRMdoings such hiring, appraising, disciplining, and development ofworkforces. HRMexperts in the Human Resource Management department help organizations with all activities related to recruitment and maintaining an operational worker. Major Human Resource Managementduties include work design and job examination, training and growth, hiring, reward, team-building, performance managing and judgement, employee health and security issues, as well as recognizing or increasing valid techniques for selecting staff. Human Resource Management department delivers the tools, data and procedures that are used by line managers in their HRMpart of their job. The Human ResourceManagementconcentration should continuously focus on maintaining and, increasing the consumer base while keeping, andmake the most of profit. Human Resource Management (HRM) is a multi-disciplinary subject which draws its theories and practices from many sources. It is an evolving discipline and it keeps changing in scope and nomenclature.

The activities performed by HRM professionals fall under five major domains.1) Organizational design,2) Staffing,(3) Performance Management and Appraisal,4) Employee and Organizational Development, and 5) Reward Systems, Benefits and Compliance

Recruitment\staffing is also the main part of human resource management and it plays a vital role in every organization because if we hire efficient employees then our organization work good and our workforce is more educated and knowledged.there are many problems faces by company in hiring and recruitment of employees there are some ways of doing modern and efficient recruitment or hiring.Modern recruiting Model is a new-age way out designed to conquer trouble in usual recruitment approaches like demand forecast, and significant skill-set provide. 1)Knowledge Based Recruitment Method and 2)E-Recruitment / Online Recruitment Method There are some concepts that are engage in modern hiring or recruitment.1) Scouting ,2)Re -Recruitment ,3) Event -Recruitment , 4)Networking

The Knowledge-Based Recruiting Method

It's a tweleve months period program in which both the client and the recruiting company defince its likely skills. Once this thing done an ongoing hiring activity started in this candidate will be hired immediately in the organization those peoples who are interested in job is tracked until they are hired. This procedure require a regular monitoring of short-term and long-term needs of the candidates It deliver a improved value of applicant, better value-for-money, and better time-to hire periods. Knowledge- based recruiting is base on the idea of contributing Information and updating information on an ongoing basis, in order to constantly make a pool of talent

The second type of modern recruiting model is E-recruitment it is also known as online recruitment. its is the latest trend in recruitment in this we use technology and web based tools to hire employees. Online recruitment is either a website or company own intranet. Many companies use internet as a source of recruitment. Companies advertise there jobs and applicant apply online and submit there CV's via email. Candidate also submit there CV's online.E-recrutment involve two functions one is resume bank portals in this candidate submit there CV's online on the company site and when the position is available according to the demand of company then they hire the employee. Some companies use there own website in which they make a application system in which candidate submit there CV's which is use in near future by the company in hiring of employees. The second function is resume scanners this is very helpful in finding perfect candidates according to the job description it enables the workers to figure out and filter the resumes in a certain criteria. Job sites provide access on 24/7 contact with the database of the resumes of the candidates. Website is the cheapest source of hiring the employees and company saves money in advertising job in newspapers recruitment save the time and cost on recruitment and helps the company by automatic process.

Concepts in modern recruitment methods.1) scouting it means that represent the new jobs in the company through various source so that candidate apply for the job. This helps the candidate in applying for job and removes the doubts. 2)Networking it is the very good technique in finding the job and it is used by many HR helps the professionals in contacting with there employees and acquire resources.3) event recruiting it means that company sponser the events in which candidates come and apply for the job. In this company give a presentation to the candidate so that peoples easily know about the company needs in hiring of employees and company find suitable candidates for their company.4) re-recruiting when the experienced and qualified staff leaves the company then the company gives them opertunity to join back the company and continue there work with the organization. The reason they leave is for locational change or new challenges. This activity reduces the training cost and time because company again get back there qualified staff on working

There are some innovative recruitment practices in modern recruitment practices 1) sending of SMS in which the company sends SMS to the peoples on there mobiles so that they apply for the job by reading the SMS. 2) video networks in this company use video portals like youtube and dailymotion sites they advertise for job by video so that people watch that video and apply for the job.3)blogging on social networking sites organization use social networking sites like Facebook,Twitter,HRLink etc they write about there job description on these sites and candidate also use job application banners or advertisement in public transport by using visual and audio aids 4)Modern Recruitment Metrics in this the sales professionals respndible for building relationships and increase the slae.this fuction also change the metrics associated the following are the part of modern recruitment metrics.5)Performance/Quality of Hire in this company first do a performance appraisal then the result shows that which type of candidate is to be hired.there is no formula of determing quality the mangers tells the standards of quality before recruiting.qualtiy is check by a simple survey.this helps the hiring mangers in hiring of employees ,6)Manager Satisfaction in this if the managers is satisfied with the hiring process and the candidates that are appling for the job then the recruitment is done. Effective recruiting company base on customers feedback is positive

There are some advanteges of modern recruitment procedures

Formation and analytically organize the whole recruitment processes. - Facilitates faster, balanced, exact and consistent dealing out of applications from different applications.

Helps to decrease the time-per-hire and cost-per-hire.

It helps to intergrate the different links like the application system on the website of the company, the unwanted application,outsourcing recruitment it helps in making the final choice to the main recruitment process.

It increase the effectiveness of the recruitment process and maintain an automated active database of the candidates.

it provide a good , computerized and interactive relationship between the hiring department the job seeker and the application system.


helps in creating a good and healthy interaction with the applicants and the entire hiring or recruiting process

helps in improving return on investment and improve the productivity of recruitment process.

employees are the asset of any company if we hire efficient employess this will increase our competitive advantage of the company with other companies. If our employees have more knowledge then our product that made in the company are more better than other company and we have a advantage of this. Human resource management also focus to increase to competitive advantage its provide a challenging environment to the employees and they work more efficient and with hard work to compete with other organization.

Competitive benefit related to the company strategies that place it at good position with the other companies in the business human resource management plays a vital role in improving the competitive advantage by making efficient strategies in hiring and training and developmet of employees for doing good and hard work. customers value and uniqueness are the major principles of gaining competitive advantage.Completive advantage occurs when companies give more benefit to their customers from their competitors .human resource management focus and make effort to ensure all workforce to give focus on understanding customers needs. The second principle of competitive benefit is to give or offer that product that our competitor cannot easily copy. A firm can only stay alive in the market if it has an active workforce implement the new ideas and innovations properly into the company. Active workforce is the group of persons whose skill and actions are according to the plans of the company in near future. to attain an active workforce the first step is that to develop the human resource with aspects i.e the workforce is the key factor that move the organization to be superior to its competitors. Secondly, the firm is essential to provide a calm internal atmosphere to is workforce, and also indentify the threats and opportunities from the external atmosphere. The firm must also recognize the abilities in the human capital that give new ideas and also check the drawbacks in human resource management so that limitations know in the advance. Then firm must apply selection methods, training and development and compensation and appraisal functions to improve the working of the workforce and managers. All said and done we cannot ignore the important factor the workforce retention. All the money and hard-work done by managers and other members go waste if the employees leave the organization. Who looking for better opportunities after they obtain the training. the firms also focus on those initiatives that would relate employees satisfaction. the firm also persuade its employees that the personal goals and organizational goals are constant. the employees motivated to give their best to attain organizational gorls

Contributing to the Bottom-line of the Company through HR Top-line Activities

A growing body studyindicate that advanced Human Resource Management functions have a importantinfluence on company bottom-line and middle-line performance. The optimistic effect on commercial performance, output, product and service value, and priceregulate are recognised by researchers.

high performance work system term is used to tell a collection of human resource functions and features of human resourece system figure to increase and make better workforcecapabilities so that workforces can be a trustworthy source of competitive benefit.The summary of research on high performance work system shows that one standard deviation of developed assessment on a high performance work force HPSW capacity tool high sales per workforce in additional of $16000/workforce and 9% increase in workforce efficency

The Activities of Human Resources Management

gaining HR ability must start with structural strategy and analysis. Structuralstrategyincludes the procedure of work tasks based on the communication of persons, skill and the responsibilities to be peroform in organization. Human Resource Management actions such as HR development, job analysis, restructuring, job strategy, team structure

employee hiring, orientation, selecting promoting and firing are the activities of staffing. Performance management team include evaluation of persons and groups or teams to measure and improve work performance. Workforce training and development depends on organizational and employees needs.

Rewards program give benefit to the employees. Labour safety and unemployment strategy fall under this

Major Trends Affecting HRM

the following trends effect in HRM functions and department. The human resource importance increase due to theses and functions also effected due to theses


1. Increased globalization of the economy.

2. Technical changes and environmental changes.

3. The need to be flexible in response to business changes.

4. Increase in litigation related to HRM.

5. Changing characteristics of the workforce.

The Importance of HRM Measurement

many human resourece management functions and activities are not exposed to regular measurement. Many companies donot engage in longterm or shortterm significance or theses HRM acitivites.meausrement and accountability are the major compnents to companies effectiveness and competitive benefit.bettermasurements related with business strategies improve all their human resource management actions to provide a stronger interaction between human resourece management fucniton and companies effectiveness


human resource management is the base of every organization because it hires the employees which are the asset of the firm if they hire good employees the company work efficient and archive there goals easily but if the human resource department is not so good then its hard for company to atatain its goals .human resource deaprment should use the new technology in hiring the employees because organization image is judge by the employees working in it. Every organization have a core mission to achieve profit and it only fulfil its mission when the employees are hard working. company should use training and development programs to make there employees better and productive. company should use new methods in training and development. Company compete with the other companies on the basis of employees and product and human resource management focus on this to make their employees good from others. Organization should use efficetive human resource policies and staretegy with are helpful for the organization to attain his goals.HR managers should know the facts and figures of HR policies and know how to implement according to the situation.we make our workforce better by making them aware about the new technologies going in the world.