Human resource professionals establish an effective performance management to reward excellence, identify development opportunities and provide remedial or disciplinary action when necessary. By aligning each employee’s work with the strategic objectives of the company, a human resource professional helps ensure that work contributes to achieving profitability and success. By setting clear performance expectations in job […]
People may think of audits as being mainly financial in nature, probing companies’ financial statements and accounting records to search for discrepancies, but any department in a business can be audited in some way. The human resources department is no exception to the rule, although human resources (HR) audits involve a good deal of qualitative […]
There are employment laws regarding everything from record keeping to minimum wage to how to display employment law posters in the workplace. The U.S. Department of Labor oversees employment law on the federal level, and all states and U.S. possessions must comply with those laws and regulations. DOL.gov outlines all the details of employment law […]
All businesses, no matter how small, have three categories of resources available to them: the technology they use to create a product or service; the finance they use to operate and grow the business, and the people whose talents they use to accomplish the company’s goals. Strategic planning is the process of figuring out why […]
Interns are a mix between observational learners and temporary employees, and they occupy unique positions within the companies they work with. Internship positions provide college students and aspiring career-minded learners with opportunities to gain experience in their chosen fields with companies who may not otherwise hire them. Internships can be either full or part time, […]
Manila folders, paper documents, copy machines and steel filing cabinets become a thing of the past when a business implements electronic-based human resources management. Electronic HR management, also known as E-HRM, uses web-based technology to create an HR information system. While very small or new businesses may find implementing E-HRM unnecessary or simply too costly, […]
Human resources management should be involved from the very first conversation about workplace policies to the final publication of employee handbooks. In addition, HR leads the communication and marketing plans that support the unveiling of personnel policies. Strategic planning, development, implementation and interpretation are within HR management’s purview to ensure that the company’s policies reflect […]
Human resource management involves practices used by managers and HR workers and automated systems to manage people. Examples of HRM practices include performance management, hiring, firing, training, payroll and employee benefits administration. Without organizational coordination through HRM practices, managing personnel is cumbersome, which can leave employees feeling dissatisfied and wanting to work for a more […]
With fewer employees in their talent pool than large enterprises, measuring performance is particularly pertinent for small businesses. Job performance measurements are useful in determining appropriate employment decisions, such as retaining or promoting high-performing employees or terminating employees whose performance fails to meet your company’s expectations. Absent a reliable form of performance management and a […]
The goal of a human resource manager is to strengthen the employer-employee relationship. This goal is supported by a variety of functions within the human resources department and throughout the organization. In a small business, the human resource manager may have a great degree of latitude, as well as the time to devote to employee […]
Many managers will tell you that the employees of a company are its most important asset. A human resource information system is a software or online solution that helps companies manage this valuable resource consistently and provides information for management decisions. To develop an effective system, you must consider the many factors in addressing tasks […]
SHRM is about managing employees within an organization whereas in Strategic HRM there are different people who are skilled in specific areas. It is not that the same persons will handle recruitment, training, and employee appraisal. As the term itself denotes, Strategic HRM deals with strategic aspects of HRM. Unlike SHRM, Strategic HRM mainly focuses […]
HRM vs IHRM Management is the efficient operation of a business or organization towards the achievement of its goals and objectives. It involves the management of its financial, capital, and human resources which comprises its financial value. It has several branches such as: financial, marketing, strategic, production, operations, service, information technology, human resource management, and […]
