Functions of Human Resource Management (Essay Sample)

Functions of Human Resource Management Student’s Name Institution of Affiliation Course Title Professor’s Name Date Functions of Human Resource Management Human Resource Management (HRM) is an organizational practice of managing people and teams in the workplace. It is a function that covers a broad range of activities, including recruiting and hiring, training and development, performance management and appraisal, compensation and benefits, and organizational development (Perucci, 2018). It is also responsible for ensuring compliance with all applicable legal requirements. The recruitment and selection process involves identifying and hiring the right people for a job. It can include attracting potential employees, evaluating their qualifications, and conducting interviews and background checks (Perucci, 2018). Recruitment and selection activities are designed to identify the most qualified individuals for a particular job. Training and development help employees acquire new skills and knowledge to perform their jobs better. It includes orientation programs, on-the-job training, and formal education programs (Perucci, 2018). Training and development activities help organizations keep up with changes in technology and the work environment and can help employees stay updated with the latest developments in their field. Additionally, a significant function of HRM in an organization is compensation and benefits. Employees get rewarded for their work through compensation and benefits, including wages, salaries, bonuses, health and retirement benefits, and other incentives (Perucci, 2018). These rewards motivate employees and maintain their loyalty to the organization. Performance management and appraisal is the process of monitoring and evaluating employee performance. It involves setting goals, providing feedback, and developing improvement plans (Perucci, 2018). Performance management and appraisal activities help organizations ensure that employees are meeting the organization’s goals and objectives. Organizational development is designing and implementing changes to an organization’s culture and structure. It can involve...