There are various other reasons why Human Resource Management is imperative for every organization. The top 5 reasons are listed below:
1.Formulation of Right Strategies
A perfectly brainstormed and meticulously implemented business plan ensures the success of the organization, and an HR manager is the one who acts as the strategy maker. HR possess a high level of knowledge and they are expected to use this knowledge to ensure the achievement of organizational goals with the optimum use of manpower. They are expected to formulate result-driven strategies that facilitate the achievement of the desired goals. They participate in the various decision-making process including recruitment, training & development, outsourcing, as well as the formulation of collaboration strategies according to the demands of the business.
- Managing Safety and Risk
Why do employees get injured while working? Is it their fault or the company's fault? Well, every task involves certain risks, but it is the duty of an HR manager to create a safe working ambiance that guarantees organizational safety. If there is complicated work environment with lack of sanitation and safety, then employees don't feel secure to work at that place. It is, therefore, the work of the HR manager to manage the working conditions of the company and keep the employees motivated. The employees should also be trained to properly handle dangerous machines or equipment, which is done by the HR managers.
- Employees Training and Development
It is quite obvious that a sound employer-employee relationship is a must to render organizational success. It is the task of HR managers to train the employees thereby making them confident enough to fulfill their duties. The employees and develop their skills so as to make them capable to satisfy organization's needs and become the asset for the company. An address the queries of the employees and acts as their counselor. This fosters the employer-employee relationship.
- Employee Satisfaction
Every organization is successful if the employees are working to their optimum productive level. It is a common management ideology that 'happy workers are more productive'. Well, it is the role of HR managers to satisfy, motivate, and encourage the employees. They build a sound employee-employer bond that keeps the employees satisfied.
- Hiring Processes
An HR manager's key job is to hire the best candidates for each position. It is first research and analyze the number of vacancies in an organization and the skill required to fill each position. They then interview the candidates and make decisions regarding the right candidates. These right candidates, later on, play vital roles in shaping the success of the organization.