Importance of human resource development

The responsibilities of a human resource manager fall into three major areas: Essentially, the purpose of HRM is to maximize the productivity of an organization by optimizing the effectiveness of its employees.

Importance of human resource development

The human resources function deals with a variety of ethical challenges; being the department that deals directly with people employed by a company, HR includes numerous ethical pitfalls that can damage a company's reputation or financial sustainability if not handled properly.

Understanding the importance of ethics in human resources is crucial for any business owner, whether in a local startup or a multinational powerhouse.

Importance of human resource development

Legal Considerations Breaches of ethics in human resources can lead companies into a world of legal trouble, in both the civil and criminal arenas. Breaches of ethics in the HR department are more likely to be reported by victims to the Better Business Bureau, the Equal Employment Opportunity Commission or other regulatory agencies than those committed in other areas, such as product development or accounting.

Companies with comprehensive ethics programs in place can avoid costly trouble regarding discrimination and hostile-work-environment issues, resulting in lower costs for litigation and out-of-court settlements.

Human resource management - Wikipedia

Company Reputation In the business world, legal trouble can introduce additional challenges to employers, as news outlets and ethics watchdog organizations spread the word about companies' misdeeds. Discrimination issues, sexual harassment and unfair employment policies can land companies on the front page of consumer or business-focused publications, damaging a company's reputation among consumers, potential strategic partners and potential future employees.

Gaining a reputation as an ethical employer can help to attract the top talent in your industry from a wider area, as employees seek to find the most beneficial employment relationships they can.

The opposite holds true, as well; if job applicants see your company as an unethical employer, the most skilled, experienced, creative and productive applicants are likely to put their resumes in elsewhere. Employee Loyalty Treating employees ethically can garner long-term employee trust and loyalty, which conveys a range of distinct benefits to employers.

Loyal employees gain more experience working with their employers, allowing them to master production processes and more fully understand the inner workings of the firm. This can increase employees' productivity and efficiency over time in addition to keeping recruiting and training costs under control.

Sellers of consumer goods can gain marketing advantages from loyal employees, as well. Loyal employees often act as champions for a company's products, purchasing goods from their employer and spreading positive word-of-mouth advertising to friends, family and acquaintances over the years. Promoting Ethics A solid reputation as an ethical employer does not happen on its own.

Savvy, ethics-conscious business owners put comprehensive ethics programs in place to display a firm commitment to ethics in every area of business, including human resources. Put HR ethics policies in place regarding discrimination, sexual harassment and the treatment of employees, and put each of your managers and supervisors through ethics training programs to make sure they are fully aware of your expectations.

Most importantly, lead by example in your organization to create a culture of mutual respect and dignity, where ethical decision-making is valued and rewarded.Jul 13,  · The resource transformation sector, comprised of five industries, can make important contributions to SDGs # 12 (Responsible Production and Consumption), #14 .

The Malaysian Smart Factory (MSF ) is an inaugural collaboration between SHRDC and Swiss Smart Factory (SSF), with the objective of introducing outstanding Smart Factory competencies to . Welcome. The Miami Valley Human Resource Association's goal is to build and maintain at the highest level the best possible human relations in industry and commerce.

Human resource planning is a process that identifies current and future human resources needs for an organization to achieve its goals.

Human resource planning should serve as a link between human resource management and the overall strategic plan of an organization. The short answer is that a human resource is a person.

The Importance of Human Resource Management | Griffith College

Here's a bit more information about human resources. You'll also find a guide to the site and the answer to any questions you have about the resources that are available here. In recognition of the important role fathers play in the welfare and development of their children, this manual builds on the information presented in earlier user manuals in this series as it relates specifically to fathers.

It was written to help child protective services caseworkers work effectively with, support, and strengthen the role of fathers in their children's lives.

Strategic Human Resource Management: HUMAN RESOURCE MANAGEMENT