Human Resource
FUNCTIONS OF HUMAN RESOURCE
JALITZA MATOS
SAINT LEO UNIVERSITY
OCTOBER 14, 2012
“People human talent, employees are assets not liabilities” (Ivancevich & Konopaske, 2012). Many scholars have studied the science of people and why people react and respond in certain ways. To have a successful business, employers must figure a way to satisfy their employees while continuing to be profitable. Many organization are extremely competitive in terms of what they offer to their employees. To retain employees and keep them satisfied, business owners must understand what employees want. A great way to document ideas and notes is to create a business model. A business model is a plan designed by the company to produce revenue, make the business profitable from its operations. The model also describes different areas of the business and how their functions will contribute to the profitability of the company ("Business model,"). One of the most important functions of a business is the human resource department. Human Resource is the function in an organization that facilitates the most effective use of employees to achieve organization and individual goals (Ivancevich & Konopaske, 2012). One of the main objective in a business is to generate revenue and keep cost low. To achieve this goal, human resource must develop a plan to recruit, select and train the right people. They must also be able to set department goals which include forecasting future needs for employees, research the current demand in the workforce and understand what employees need and desire (Ivancevich & Konopaske, 2012). Human resource does not only deal with process of hiring and training employees but it also deals with what types of employees are needed for specific positions, designing an effective performance and promotion systems, and compensation/benefits. In order for this department to be effective it must work together in all different aspect to meet the objectives of the
JALITZA MATOS
SAINT LEO UNIVERSITY
OCTOBER 14, 2012
“People human talent, employees are assets not liabilities” (Ivancevich & Konopaske, 2012). Many scholars have studied the science of people and why people react and respond in certain ways. To have a successful business, employers must figure a way to satisfy their employees while continuing to be profitable. Many organization are extremely competitive in terms of what they offer to their employees. To retain employees and keep them satisfied, business owners must understand what employees want. A great way to document ideas and notes is to create a business model. A business model is a plan designed by the company to produce revenue, make the business profitable from its operations. The model also describes different areas of the business and how their functions will contribute to the profitability of the company ("Business model,"). One of the most important functions of a business is the human resource department. Human Resource is the function in an organization that facilitates the most effective use of employees to achieve organization and individual goals (Ivancevich & Konopaske, 2012). One of the main objective in a business is to generate revenue and keep cost low. To achieve this goal, human resource must develop a plan to recruit, select and train the right people. They must also be able to set department goals which include forecasting future needs for employees, research the current demand in the workforce and understand what employees need and desire (Ivancevich & Konopaske, 2012). Human resource does not only deal with process of hiring and training employees but it also deals with what types of employees are needed for specific positions, designing an effective performance and promotion systems, and compensation/benefits. In order for this department to be effective it must work together in all different aspect to meet the objectives of the
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