Human resources are the valuable assets of the corporate bodies. They are considered to be their strength. To face the new challenges on the fronts of knowledge, technology and changing trends in global economy, there is a need for effective human resource management. Valuable employees are held in an organization and also certain aspects such as organizational culture, policies, benefits, compensation, and employee relation are maintained with the aid of human resource management. Human resource management is a term which is heard amongst professionals and it plays an important role in the success of any system.This function present in any management helps in maximizing employee performance. HR sets up strategies, produces policies, systems, standards and procedures. There are some tasks which are taken care of human resource management. They are chiefly responsible for training employees, rewarding, performance appraisal and recruitment and more.
The importance of HR is easily overlooked in the busy day-to-day in the workplace, but without contributions in each of these areas, the organization would be less successful. There are ample reasons to point out the importance of human resource management in an organization like HRM help organizations achieve their bjectives, design recruitment and training, helps in professional development of employees, performance appraisals and building smooth relationship. They enhance team work, maintain management cost, bring in discipline and morality, organizational structuring and focus on performance management college . With such important and valuable pointers, human resource management is considered compulsory. Any system without them is required to suffer serious issues during their day to day actions. For the same reason many companies are taking efforts and setting up strong and effective HRM.
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