HRM's importance

Introduction: HRM‘s role and importance within an organization has increased rapidly in the modern business world as the individuals’ inputs are becoming increasingly important to the organization’s performance. Hence HRM is becoming more important as it plays an important role in the people-aspect and social-aspect of the organization. This paper will briefly explain the definition of HRM and its history. Then this paper will list and explain the important functions of HRM. Furthermore, this paper will explain why HRM is becoming increasingly important in 21st century in which the performance of organizations is subject to the performance of individual employees. In addition, this paper will talk about Bentley Motors and its HRM as one of Britain’s TOP Employer in 2012 by Britain’s Top Employers Research. This paper will discuss the strength of Bentley Motors’ HRM and lastly it will provide three further suggestions on BM’s HRM to help it accommodate to possible challenges.
What is HRM? HRM is an organizational function that deals with people-related issues, such as recruitment, training and learning programs, performance management, health and safety, compensation programs, wellness and benefits of the work force and employee motivation and communications. (Heathfield, nd) HRM was carried out in the 20th century and the first HRM specialist was a social worker hired by Rowntree in the UK in York in 1896 and was hired to ensure the safety and health of child and women in the operational facilities. (Foot and Hook, 2011)
What does HRM do? (The functions of HRM)
Nowadays HRM is becoming way more important and plays an important role in many aspects of the organization. First of all, HRM’s most basic function is to make and ensure fair employment. The UK employment law clearly states that any discrimination against a person’s gender, race, culture, disability, sex orientation and religions are strictly banned in the UK that the HRM must ensure