Human Resource The Backbone Of Any Business - 3572 Words

Human resource is the backbone of any business. It deals with the most important resource in the business – people. For any business to achieve its objectives they must plan their resources and one of their key resources is people. Human Resource managers are responsible for getting the right people in order to meet the organization’s aims successfully. As an organization grows and expands, the human resource department will know that the organization needs to constantly measure performance. Recruiting staff in an organization is very expensive and costly, so the human resource function helps the organization to get recruitment right. There are four main elements to Human Resources and they are: 1. Planning 2. Recruitment Selection 3. Training Development 4. Performance Measurement. For this paper, I’m going to be discussing performance measurement; what it means, why it’s important and how it’s done. Performance management is the system in which the employees are reviewed at regular intervals so they are monitored to tell the employer how they perform in their jobs and can they improve their performance. Employee performance measurements can determine an employee s compensation, employment status or opportunities for advancement. This is usually be carried out by the employee’s manager, however it is practical to include HR managers in the process. In order to be competitive, companies must continue to monitor the performance of its employees.Show MoreRelatedManagement Of Information Systems ( Mis )1431 Words   |  6 Pagessystems, strategic direction is critical in tracing the strategic goals of any organization. Careful crafting of investments in the global IT offers Microsoft an opportune to have increased control as well enhanced coordination. In addition, this has enabled the organization to have access to global markets. 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See employees as assets to the company    4. Incorporate ethical principles for employees to follow Human Resources Strategy In order to develop a human resource strategy; there must be a linkage of the entire human resourceRead MoreHuman Resource Management : Human Resources Management1264 Words   |  6 Pagesand research with my family, I decided to go into human resource management, specifically in a hospital. Many people questioned and often said â€Å"Why human resource management?† My answer, I chose human resource managers because I believe they are a vital part of a hospitals success. They make the plans, they direct the staff and they coordinate how people work together and where they need to be. Throughout this paper, I will describe human resource managers- what they do, what are the requirementsRead MoreKudler - Internal Control and Risk998 Words   |  4 Pagesand procedures that will allow for the proper internal controls and risk management. The duties are properly assigned to establish separation of duties, which is a good way of deterring fraud and preventative controls are estab lished to avoid costly human errors. Segregation of duties is established by having four different individuals assigned to different duties for the payroll avoiding giving full control to one person. The individuals who have different roles are the employees, managers, payroll