What are the key functions of human resource?

TalentMagnifier 114 views 10 slides Feb 11, 2022
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About This Presentation

The presence of the HR department is an integral part of any business regardless of the size of the organization. The HR department handles increasing employee productivity and protecting the company from potential problems among its employees. HR's responsibilities include pay and benefits, reg...


Slide Content

WHAT ARE THE KEY FUNCTIONS
OF HUMAN RESOURCE?

The presence of the HR department is an integral part of any
business regardless of the size of the organization. The HR
department handles increasing employee productivity and
protecting the company from potential problems among its
employees. HR's responsibilities include pay and benefits,
registration, waivers, and compliance with the latest laws that
may affect the organization and its representatives.
Let's delve into the nitty-gritty to help you understand better
about this role.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

WHAT IS HUMAN RESOURCES
(HR)?
Human Resource Development (HR) is a business unit responsible for
managing job seekers' search, screening, recruitment, training, and
employee benefit programs. HR plays an important role in helping
organizations respond to the changing business environment in the
21st century and maintaining the quality of work. Many entrepreneurs
take their business forward, but if they want their business to prosper
and if they want to eclipse the competition, they will need the presence
of a strong human resource department.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

Managing staff is time-consuming and requires specific skills. However,
many business owners fail to have the right HR team in their
organization, owing to which they do not succeed as much as they
should have.

Regardless of skill, the value of HR in a business is not always
immediately noticeable. When the business is small, any common
person can manage the HR roles in an organization. But, as the
business grows, leaders find that they do not have the time to handle
day-to-day HR management and recruitment, which can easily lead to
focus.

HR is the most strategic function of any organization, and it is a
misconception to identify.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

HR ACTS AS THE BUSINESS CATALYST WITH THE
IMPORTANT FUNCTIONS:-
Let's have a look into the important functions of HR.

RECRUITMENT AND ON-BOARDING
Recruiters and hiring experts are usually measured by the number of
vacancies they fill and the time it takes to fill them. In-house
recruiters play a key role in developing the employer's workforce
instead of companies providing recruitment and staffing services.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

TRAINING AND DEVELOPMENT
Every company wants its employees to prosper. This means
providing employees with all the tools they need to succeed.
These devices do not have to be physical, like laptops, software,
or tools for specific transactions. This may include new employee
orientation, leadership training, personal and professional
development, and management training. Training and
development (sometimes called education and development) are
integral to the HR team.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

EMPLOYER-EMPLOYEE RELATIONSHIP
In an integrated work environment, the combination of HR staff
and labour relations tasks can be handled by one expert or
completely independently, managed by two HR experts with
specific expertise in each field. It can also be a task. Employee
Relationships are about strengthening employer-employee
relationships, job satisfaction, employee engagement, and resolving
workplace disputes.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

PERFORMANCE MANAGEMENT
Now that you've hired the right people, how do you know if
they're doing the right thing? Execution of the executives is the
solution to this inquiry. 98% of companies consider performance
management important, which is the most important function of
human resource management. It is important to identify the best
performers and reward them accordingly. Performance
management insights can also help you identify your team's
strengths and weaknesses.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

MANAGEMENT RESPONSIBILITY
The ultimate function of HR is its management responsibility.
This includes staff processing and updating staff information
systems from time to time. Personnel processes include handling
promotions, relocation, disciplinary action, performance
improvement, illness, formulating rules, ensuring a healthy
workspace amidst cultural and ethnic diversity, preventing
unwanted intimacy, and bullying.
Source:- https://www.linkedin.com/pulse/5-key-functions-human-resources-
talent-magnifier/

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