Human Resource Management Research Paper Example | Topics and Well Written Essays - 1250 words - 1

Human Resource Management - Research Paper Example This research work discusses the relevance, roles and responsibilities of management and relevant theories related to recruiting and hiring, performance management, labor and employee relation, strategic HRM, training and development and organization development. Recruiting and Hiring Recruiting is a process that seeks and attracts a pool of people from which only qualified candidates for job can be chosen (Byars and Rue, 2008, p. 111). Recruiting is a strategic HR planning in which employers come to take appropriate decisions regarding who to be selected in order to meet the requirement (Mathis and Jackson, 2010, p. 208). Hiring, which is the final step involved in recruiting, is bringing on someone new to the firm. An effectively carried out recruiting helps the management find out most appropriate people, improve productivity, reduce labor costs and achieve the high performance working. The major roles and responsibilities of HR management in relation to recruitment and hiring are identifying the personnel requirement in the firm, evaluate their required skills and knowledge, attract a pool of people either from internal or external sources, conducting interviews, hiring and selection procedures and planning for their training and development programs (Searle, 2009, p. ... rategic managing approach to assessing, evaluating, monitoring and correcting the performance of employees is critical to the function of human resource management. From the analysis of various definitions of performance management, Deb (2006, p. 202) outlined that performance management is a holistic approach to ensure that value is added and a process of integration of performance measures, benchmarks and goals in order to achieve optimal results. As human capital is the most powerful asset in a firm and the performance of people is closely related to achieving the organizational goals, it is an economic imperative that the management must assess, evaluate and correct the performance through an effective management system. In an effective performance management, the management has to function in a systematic way and to play five major roles. They are; 1) Planning the work and setting the expectations, 2) Monitoring the performance in a regular basis, 3) Developing the capacity to p erform well, 4) Rating periodically, and 5) Rewarding for the improved and better performance (Deb, 2006, p. 202). Performance appraisal, which is considered as part of performance management, has gained increased importance as an important concept in the area of HRM. High Performance Working which is the best possible fit between the social system and the technical system in a firm (Noe, Hollenbeck and Gerhert, 2003, p. 5) has also gained increased importance in the field of HRM. Labor relation and Collective bargaining Maintaining healthy relation between employers and employees is a key requirement for the HRM since this relation can have significant impact on morale, motivation and ultimately on productivity as well (Mello, 2009, p. 528). Similarly, collective bargaining is also an