Human Resource Management Reflective Paper - 1465 Words

HRM: Power of the People Since the beginning of time, people have been the most valuable resource available. Regardless of the goal or task, some level of human resource is required. This simple fact has created a vital need for effective Human Resource Management (HRM). Human Resource Management is a function performed in organizations that facilitates the most effective use of people to achieve organizational and individual goals (Ivancevich, 2010). As society and organizations grow and become more complex, HRM functions continue to expand into many areas vital to organizational growth and success. The journey to understanding and applying human resource functions covers Equal Employment Opportunity (EEO) and Affirmative Action, Human†¦show more content†¦In addition to these factors, the organization must also keep the regulations of Equal Employment Opportunity in mind as well to ensure they are not breaking any laws. In the end, the organization will select the applican t that best meets the identified characteristics it is looking for. Another important function to human resource management is compensation. Compensation is the human resource management function that deals with every type of reward individuals receive in exchange for performing organizational tasks (Ivancevich, 2010, p. 294). Compensation serves as a system that is beneficial to both the employee and employer. It motivates employees to work hard for the employer. Compensation in the form of pay, benefits, and other rewards such as vacation days and bonuses, should create a well balanced package that motivates the employees. Compensation can be affected by many factors but one of the most prominent is the labor market. The labor market has many affects on how organizations establish compensation packages. When the labor market is down and there are many qualified workers, compensation will tend to be lower people are desperate for work. When the market is high and there are little q ualified employees available to organizations, the compensation benefits must be better to attract and retain employees. In addition to the labor market, the economic conditions can affect how much employers can afford to pay employees. If the industry isShow MoreRelatedHuman Resource Management Reflective Paper1450 Words   |  6 PagesHRM: Power of the People Since the beginning of time, people have been the most valuable resource available. Regardless of the goal or task, some level of human resource is required. This simple fact has created a vital need for effective Human Resource Management (HRM). Human Resource Management is a function performed in organizations that facilitates the most effective use of people to achieve organizational and individual goals (Ivancevich, 2010). As society and organizations grow and becomeRead MoreHuman Resource Management : Human Resources Development1748 Words   |  7 PagesHuman resource management entails managing recruitment, planning, and implementing a selection of organizational development training within the business. The goals that the HRM has is maximizing the productivity of the workplace by improving the effectiveness of their employees while at one time improving and treating the work life of employees as valuable resources. Human resources development: To encompasses the efforts to promote personal development, the company’s employee satisfaction, andRead MoreDunkin Donuts : A New Position1261 Words   |  6 Pageswill acquire a portfolio of the company with SWOT. SWOT displays an analysis and diagnosis of Dunkin Donuts strength, weakness, opportunities, and threats. Furthermore, economic, social, and public trends are important due to their influence. This paper draws a picture to a few ideas of how organizational functions of Dunkin Donuts will face changes through updating job design, organizational design, recruiting, selection, training and performance appraisals as I take the position of District ManagerRead MoreBus303 Final Paper1671 Words   |  7 PagesHuman Resources Management Reflective Paper BUS 303 Human Resource Management Reflective Paper In analyzing the concepts discussed in Human Resource Management, I have found an interesting mix of education and forethought into the role of a human resource manager. Many of the aspect of human resource management such as HR planning, recruitment and selection, as well as, human resources development and labor relations all play a significantRead MoreHrm Reflective Essay1450 Words   |  6 PagesReflective Essay Human resource Management Module Code: HRM 1120 Module Title: People and Organisations Module Level: 1 Credit Points: 30 Module Tutor: Dr Bruce Thompson Student Name: Navid Shah Student ID: M00384663 Submission Date: 05/03/2012 Reflective essay I have a good understanding about Human Resource Management. Going through human resource management has taught me so much more than stuff about how the working companies deal with their success in employing the rightRead MoreHuman Resource Management ( Hrm )1508 Words   |  7 Pagesâ€Å"Human resource management (HRM) is the managing of human skills and talents to make sure they are used effectively and in alignment with an organization’s goals† (Youssef, 2012). The primary role of human resource management is to plan, develop, and order policies and programmers designed to make prompt use of an organization’s human resources. It is that part of management which is concerned with the people at work and with their relationship within an organization. I currently work for a HumanRead MoreAffirmative Action And Equal Employment Opportunity Guarantees Similarity1266 Words   |  6 Pagesmain goal with EEO and affirmative action is that there isn t unfairness aga inst people of a particular group,A qualified person on a job search should be able to access the available jobs equally. The key to this process is that all levels of management be involved with the EEO procedures. Since I am a woman, I am going to touch on the subject that women wasn t giving equal rights to employment comparing to men. The rights of women in the workplace include many aspect, the main one is the rightRead MoreProject Designs And Methods Paper987 Words   |  4 Pages Project Designs and Methods Paper Complex Medical staff is responsible for overnight emergency services for approximately 4200 correctional inmates. This capstone project will provide the creation and consolidation of Emergency Department Complex Medical Team department records/procedures into an HTML database. The project designs and methods paper will detail the capstone project design and methods used to obtain necessary project related documents. The paper will also look at the role ofRead MorePRS Coursework 11224 Words   |  5 Pagesï » ¿ ROBERT GORDON UNIVERSITY MSc. HUMAN RESOURCE MANAGEMENT BSM 160: PERSONAL AND RESEARCH SKILLS (FULL TIME) MOIRA BAILEY 1415792 CINDY OMARI WORD COUNT: 1,051 This reflective paper aims at analyzing my learning experience in the Personal and Research Skills module and how these experiences are likely to help both my post graduate study at The Robert Gordon University and my future career. During my post graduate studies at The Robert Gordon University, Aberdeen, Personal and ResearchRead MoreTaylorism999 Words   |  4 PagesDescribe and critique the Scientific Management approach pioneered by Frederick Taylor. 1.0 Executive Summary This article is a reflective paper on Frederick Winslow Taylor’s theory â€Å"The Principles of Scientific Management† published in 1911. The paradigm of scientific management focuses on production workers efficiency by breaking down every action, job, or task into small and simple segments that can be easily performed with minimal skills and without acquired knowledge (Taylor, 1911). Taylor