Managed and organized human resource is necessary to face real world challenges and for successfully competing in the marketplace and to deliver the best products and services to the customers to achieve customer satisfaction for ultimate success. Therefore HR management is very important to get results which are bottom line for managing:
- To fulfill the legal requirement of government regulations to avoid any penalty on the company by law.
- To find the best employees.
- Talent management and employee development
- HR management helps organization to build a creative and industrious work environment with the productive human resource.
- To retain employees
- For Employee motivation
- To decrease turnover rate
- Increase effectiveness of organization with potential employees
Usually in small organization a line manager may be perform all personnel management duties and HR activities but as the size of the organization grow in terms of sales, structures, employees, office networks, financial and non financial capital increases the organization need assistance, specialized knowledge and advice from a proper human resource management professional and staff. Thus the company established HR department separately to handle HR related problems and issues.
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