What is human resource management?

Human resource management today has gone far beyond the scope of simply “recruiting and paying salaries”. Many Vietnamese businesses are facing a challenge in human resource management. According to the latest report of Anphabe Vietnam.

The resource situation is at an alarming level:

• 19% of employees feel disengaged and have special lead decided to leave the organization, the highest rate recorded in the past 3 years.

• More worryingly, up to 31% of the workforce, although not feeling engaged, still have no intention of leaving.

This report is truly alarming. Vietnam’s labor productivity is currently only one-third of that of other countries in the region, resulting in losses of billions of dong each year to the economy.

Faced with this situation, the urgent question for managers and business leaders is: How to transform human resource management from a burden to a driving force for the organization’s development? How to build a team of employees who are not only committed but also ready to devote themselves?

Human Resource Management (HRM) is the process of recruiting, hiring, assigning, and managing employees in an organization . HRM is often abbreviated as human resources (HR). A company’s human resources department is often responsible for developing, implementing, and monitoring policies related to employees and the relationship between the organization and its employees.

The term “human resources” began to appear in the early 20th century and became popular in the 1960s to refer to the set of people working in an organization.

 

How is human resource management understood?

HRM emphasizes on managing employees as an asset of the business or employees are also known as “human capital”. The goal of HRM, similar to other what makes schwerkraft-verlag special compared to its competitors? assets of the business, is to use employees effectively, minimize risks and gain return on investment (ROI).

What does human resource management do?

Human resource management is a very broad field that requires the person in charge to perform many important tasks. This work includes:

• “Search” and train personnel that meet the needs of the business.

• Develop and recommend workplace policies.

• Appropriate and attractive benefits.

• Efforts to maintain high quality australia database directory human resources.

• Train and enable potential employees to learn and develop.

• Communicate safety and health concerns to all team members.

So,  work requires a combination of both “hard” and “soft” skills. By doing well the above tasks, the management department helps businesses balance the number of employees coming in and out while still ensuring quality.