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This document explores the functional aspects and objectives of Human Resource Management (HRM). It details HRM's contributions to organizational effectiveness, emphasizing the efficient use of workforce skills, job satisfaction, and self-actualization. Effective communication of HRM policies to all employees is crucial, alongside maintaining ethical standards and managing changes that benefit all stakeholders. The importance of a quality work environment, which includes supportive management, autonomy, job safety, and meaningful tasks, is also highlighted, aiming to meet diverse employee needs.
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Objectives of the HRM Function • HRM contributions to organizational effectiveness: • Helping the organization reach its goals • Employing workforce skills and abilities efficiently • Increasing job satisfaction, self-actualization, and quality of work life
Objectives of the HRM Function • Communicating HRM policies to all employees: • HRM policies, programs, and procedures must be communicated fully and effectively • They must be represented to outsiders • Top-level managers must understand what HRM can offer
Objectives of the HRM Function • Increasing employees’ job satisfaction and self-actualization • Employees must feel that the job is right for their abilities and that they are being treated equitably • Satisfied employees are not automatically more productive • However, unsatisfied employees tend to be absent and quit more often and produce lower-quality work • Both satisfied and dissatisfied employees can perform equally in quantitative terms
Objectives of the HRM Function • Trends that strain employer-employee relationships: • Telecommuting • Outsourcing HRM • Family medical leave • Child care • Spouse-relocation assistance • Pay for skills • Benefit cost-sharing • Union-management negotiation
Objectives of the HRM Function • HRM contributions to organizational effectiveness (continued): • Communicating HRM policies to all employees • Maintaining ethical policies and socially responsible behavior • Managing change to the mutual advantage of individuals, groups, the enterprise, and the public .
Objectives of the HRM Function • Quality of work life (QWL) is a general concept that refers to several aspects of the job, including: • Management and supervisory style • Freedom and autonomy to make decisions on the job • Satisfactory physical surroundings • Job safety • Satisfactory working hours • Meaningful tasks • The job and work environment should be structured to meet as many workers’ needs as possible