What is human resource management?
Human resource management involves creating personnel policies and procedures that support business objectives and strategic plans. Central to this mission is fostering a culture that reflects core values and empowers employees to be as productive as possible.
It’s often said that people are an organization’s greatest resource. Yet, until fairly recently, human resource management was not considered as critical to success as other business operations, like marketing, finance or sales. This notion has been largely altered by new technology, globalized markets and changes in organizational hierarchies. Today, business leaders place great emphasis on hiring the right people and keeping them engaged.
What are the functions of
human resource management?
HR functions can vary depending on industry, businesses size and the types of workers employed. In most cases, the primary objectives are to acquire and cultivate talent and improve communication and cooperation among workforce members. Other key human resource management functions include:
Job analysis
Workforce operations
Performance measurement
Incentive programs
Corporate
Ethics Program
What are the responsibilities
of human resource management?
HR professionals generally are tasked with creating and administering programs that improve workplace
efficiency and employer-employee relationships. Within this broad assignment are several different,
but critical responsibilities, such as:
Staffing
Developing workplace policies
Administering pay and benefits
Retaining talent
Training employees
Complying with regulations
Maintaining safety
HRM systems and software
Faced with rising numbers of contract-based workers and increasingly complex regulations, HR professionals have turned to HRM software to help them keep pace with changing workforce environments and people management needs. This technology is available with a variety of options to suit businesses of any size. Basic systems may offer recruitment services, payroll and benefits, while more robust solutions tend to include talent management, international compliance support and advanced analytics.
What are the three major roles of human resources management?
How to choose a human
resources management solution
Finding the right solution often requires a strategic evaluation process, such as the following:
- Identify what the organization would like to accomplish, change or improve and how technology can help achieve those goals.
- Ensure that the HRMS can keep pace with the rapidly changing regulatory and statutory requirements in all applicable jurisdictions (local, state, federal, international, etc.).
- Prioritize security and know exactly how sensitive data will be stored, transferred and backed up.
- Look for implementation models with a change management strategy that will get the HRMS up and running efficiently.
- Address stakeholder questions, concerns and objections to drive widespread HRMS support.
- Ask about service plans to manage the hundreds of post-payroll tasks necessary for compliance.
- Inquire into the vendor’s financial history and investments in innovation.
- Get outside-in perspective by looking at peer reviews, industry analyst feedback and product demos
Examples of HRM software
Business leaders and HR professionals who are looking for software to help them accomplish more with less resources generally have three options available to them:
- Human resource information systems (HRIS) – perform core HR functions, like applicant tracking, payroll and benefits administration
- Human resource management systems (HRMS) – offer the benefits of HRIS, plus talent management services
- Human capital management (HCM) solutions – provide a broad suite of HR capabilities, including global payroll and compliance support and in-depth analytics
Why choose TeckJobs for your human
resource management needs?
TeckJobs HR management solutions automate and streamline key needs so that HR professionals can focus more time on their people and less on paperwork. We offer basic and customized packages with some of the following features:
- Powerful workforce reporting that turns data into a trusted source of decision-making
- Preconfigured new hire templates for a simplified onboarding process
- Self-service and mobile apps so time-sensitive tasks can be performed quickly
- Industry-recognized security to help safeguard sensitive information
Value-Based Governance, Risk and Compliance
Management for your Company's Success
A professional GRC strategy builds the foundation for successful business management. BIC supports you with a unique combination of the latest technology, an intuitive user interface and fast implementation. That makes working with the BIC GRC Solutions so easy - in all GRC areas.