What is HRM? Why it's important for business!

29/04/2024

Human Resource Management or HRM is human resource management. This is a science related to managing personnel within an organization. Covers everything from recruitment, selection, development, supervision, and layoffs. The main goal is for employees to work efficiently. Driving the organization towards success and achieve business goals

The importance of HRM to business

Improve work performance : HRM focuses on developing the potential of employees. Encourage employees to have knowledge, skills, and experiences relevant to their jobs. Work efficiently Create good results for the organization
Create motivation and engagement : HRM focuses on creating a good work environment. Take care of welfare give justice Respect the rights of employees All of these things create motivation, satisfaction, and commitment of employees to the organization. Make employees fully dedicated to working
Cost reduction : Effective HRM Helps reduce human resource costs, such as reducing employee turnover. reducing disputes Reducing costs for recruiting and training new employees
Create competitive advantage : Organizations with talented employees, knowledge, skills, and experience. It has superior efficiency in working. Create a competitive advantage in business
Drive strategy to success : HRM supports the organization's strategy. By managing human resources in line with the organization's goals, strategies, and plans. To lead the organization to success

Examples of main duties of HRM

Recruitment and selection of employees : Find, select and attract talented individuals. Suitable for the job position Come to work in the organization
Personnel Development : Organize training and develop employees' knowledge, skills, and experiences. To be consistent with the needs of the job
Manage the wage and welfare system : Set, pay, and manage the wage, welfare, and benefit system for employees in a fair and appropriate manner.
Performance Evaluation : Evaluate employee performance, provide feedback, and suggest development guidelines. To develop work efficiency
Take care of the work environment : Create a good, safe work environment and promote mental health. Employee physical health
Manage employee relations : Communicate, listen to problems, take care of and solve relationship problems between employees. and between employees and the organization
Manage human resource information system : Collect, maintain, and manage the organization's human resource information.

Examples of good HRM strategies

Hiring with diversity : Hiring diverse employees in terms of gender, race, religion, and culture.
Rewarding and Recognition : Reward and praise employees who have good performance.
Creating growth opportunities : Encourage employees to develop skills, knowledge, and grow in their careers.
Effective communication : Communicate with employees clearly and transparently.
Listening to employee opinions : Listen to opinions. Suggestions from employees

HRM is a department that is important to every type of business. Organizations with an effective HRM system There will always be talented employees. Work efficiently Achieve the goal and create success for the business

Unlock the full potential of your organization's human resources.

FDI Accounting & Advisory Human resources consulting company. Ready to support your organization With more than 28 years of experience and expertise, we help you manage your human resources effectively. Develop the potential of employees and achieve business goals If you still have questions about What is HRM? You can contact us to consult first.

Our Services

Human resource consulting : Covers HR strategic planning, employment management. Development and training, evaluation, compensation management, labor law, and more.
Outsource HR work : Helps lighten the HR workload, giving you time to focus on core work. Our services cover tasks such as employee selection. Document preparation, payroll, etc.
Training : Develop employees' skills and knowledge. With a variety of courses Matches the needs of the organization
Coaching : Develop employees' potential Help them work more efficiently. Achieve the goal and grow in the line of work

Why chooseFDI Accounting & Advisory ?

Expert Team : Our team has experience and expertise. Ready to give professional advice and advice.
Customized Services : We design our services to meet your organization's needs.
Tangible results : Our services help you achieve your business goals.
Value : We offer our services at reasonable prices.

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