Functions of HRM Department and Its Importance †Free Samples

Question: Discuss about the Functions of HRM Department and Its Importance Answer: Functions of HRM Department and Its Importance The success of any organization is determined by the nature of employees the organization has employed. The human resource management involves administration of the employees who are the greatest resource for any company. The department helps in the employment of workers as per the enterprise's needs, assigning specific duties, remuneration, promotion and also dismissal (Purce, 2014, p.67). It deals with all the affairs associated with employees (Armstrong, Taylor, 2014). Fastway as a multinational company which needs to enable connection of customers via internet needs the Human resource management department. The new general Y persons is more focused on technology to make changes in the businesses (Eisner, 2005, p. 4). HRM department will help Fastway firm deal with the changes in the people generation over the years. Many of its competitors have used technology to do research using the right employees. The Millennials are looking for jobs that will make them feel free and have se nse of belonging to the organization (Beardwell, Thompson, 2014). HRM department will help the Fastway Company achieve its strategy of connecting all the people in simple by ensuring there are the right employees for the firm. The firm is multinational and therefore it needs the HRM department to control all its employees welfare. One human resource personnel cannot help the firm get the right persons to execute its duties. The company intends to use technology to reach more customers, and therefore the employees it has must be trained to use technology effectively (Marler, Fisher, 2013, pp. 18-36). The department will help in the employment of workers with the required knowledge, setting the best salaries, assigning them to a particular department and oversee their performance. Management of the vast base of customers needs an adequate number of employees to cut on cost. Therefore, HRM department will ensure an exact number of workers to the firm who their potential is maximized (Kehoe, Wright, 2013, pp. 366-391). Competition in the market is high, and HRM department will ensure that young talents are nurtured and paid well to be able to retain them in the job, e.g., team-based compensation and benefits. It will also check employees' welfare and listen to their complaints to reduce the high resignation rate (Lowe, Levitt, Wilson, 2008, p. 43). The department will also ensure training of employees to make their work easy to execute hence reduce the high turnover level (Du Plessis, Sukumaran, 2015). For any firm to have competitive edge in the market, it must have creative and innovative staff who are enough to execute work accordingly (Lengnick-Hall, Lengnick-Hall, Rigsbee, 2013, pp. 366-377). Fastway firm use of technology would enable the HRM department to reduce the workers and make it save on salaries expenses. However, the employees must be reduced through proper research to ensure the success of the firm. Employees are an essential resource for any business, and they can determine succ ess or failure hence must have an HRM department to deal with their welfare (Hui, 2009, November). References Albrecht, S. L., Bakker, A. B., Gruman, J. A., Macey, W. H., Saks, A. M. (2015). Employee engagement, human resource management practices and competitive advantage: An integrated approach.Journal of Organizational Effectiveness: People and Performance,2(1), 7-35. Anitha, J., Begum, F. N. (2016). Role of organisational culture and employee commitment in employee retention.ASBM Journal of Management,9(1), 17. Beardwell, J., Thompson, A. (2014).Human resource management: a contemporary approach. Pearson Education. Du Plessis, A., Sukumaran, S. (2015). 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