The Pervasiveness Of HR Issues In The News And Current Events (Essay Sample)

Media Submission Name Institution Media Submission The human resource (HR) department has evolved to become a highly valued asset in business operations. It has developed different strategic business policies that enable companies to sustain their profitability levels. The HR department also oversees employees’ operations from the time they are recruited to when they retire. Therefore, it aligns workers with the strategic goals of a corporation by teaching them the culture of a business and motivating them to achieve organizational goals. As a result, the HR unit increases the social capital of a company, which decreases its financial risk. Consequently, the risk management factor forces the department to design the best culture that will promote the company’s operations, which will have a positive impact on the operations of an entity. The department develops an appropriate job structure for an organization to enhance a company’s ability to meet its goals through consistent evaluation of employees. Additionally, the HR department reduces costs associated with hiring replacement workers and helps lower staff turnover rates. Therefore, the department’s personnel need to negotiate group value packages of the company to reflect prevailing economic conditions and to promote the growth of an organization (Fosback & Muller 2017). Relationships built among employees and the department helps it retain and attract workers; therefore, this promotes workforce productivity as it enhances awareness concerning the handling of different equipment. For the HR departme...