The 4 main factors of production are – land, labour, capital and enterprise. Among these, labour or human resource is the most important factor without which other factors of production cannot function properly in the organization.
The term “human resource” refers to the individuals or personnel or workforce within an organization responsible for performing the tasks given to them for the purpose of achievement of goals and objectives of the organization.
Human Resource Management in an organization (HR department) is a department charged with finding, screening, recruiting and training job applicants as well as administering employee-benefit programmes.
The key role of a manager and HR professional is to channelize the efforts of each and every employee to the best interests of the organization.
The role of HR in a company can be summarized as follows:-
- Recruitment and Training: It involves hiring the right kind of people at the right time in the organization. Under recruitment, the obligations and scope of tasks are formulated for each employee and a legal contact is signed between the employer and employee to follow a definite code of conduct in the organization. When needed, they also provide training to the employees as per the work requirement.
- Performance Appraisal: HRM encourages and motivates people to extract the maximum potential out of them in the best interests of the organization. It also provides suggestions to the employees and directs them to make improvements in their performance.
- Maintaining Work Atmosphere: It is HRM’s responsibility to ensure good working environment for the employee. It makes sure that there is no discrimination on any ground in the organization.
- Managing disputes: In case of any disputes which arise between the employer and employee, it is HRM’s responsibility to resolve such issues in an effective manner.
- Developing Public Relations: HRM is responsible for organizing various seminars, meetings, conferences etc with other firms to generate healthy relationships with them. The role and importance of HR department in an organization is deepening and widening in the recent years as people play a key role in the success of the organization. Hence, many firms pay a special attention towards building up a strong and efficient HR team.
13 Comments. Leave new
well written
Role of HR is inevitable for a company.. Well done
Nice article
HR is undoubtedly the foundation over which a company is built. Very Informative article
Gives the generic idea, though it can be elaborated upon. Good work.
You explained well about role of HR..
HR is definitely the core which has held the other functions of business tightly together.
Well written.
What you mentioned is true and all but very theoretical, in practicality, HR has a wide variety of roles to play.
this department attracts me towards itself now!
Well compiled.
HR plays a very important role in an organisation !
you have explained it really well 🙂
Very well written!
Cooperation with the employees in an organisation is way much more important for proper output