1. Planning & Organizing
HR management makes sure there’s no shortage of manpower. They plan ahead of time to onboard the required number of employees. They also deal with critical situations when the company needs to lay off employees to keep the business running. Analyzing the current human resources, predicting future needs, and balancing the demand and supply of human resources is part of planning. The HR department also oversees the overall recruitment and onboarding process.
2. Dealing with Laws
Human resource professionals have to keep them updated on local and international laws that affect the relationship between employees and employers. It’s the duty of concerned HR people to be well-versed in rules and regulations regarding employment.
3. Employee Retention & Performance Management
Retention is a crucial aspect of the HR management process. Sourcing and onboarding a competent employee is a rigorous process. It needs time, money, and effort.
4. Learning & Development
The HR management department identifies the need for training to help employees excel themselves. Besides, an employee may need to learn new skills to take on new challenges after being promoted.
5. Developing Company Policies
Each company has a set of predefined rules. It operates according to these policies and solves each issue aligning with the company policies. From employment to final settlement, company policies consist of guidelines for the whole tenure of an employee.
6. Top Management Advice
Since HRD is directly related to employee management, it needs to collaborate with all departments. This helps HR professionals advise top management and heads of departments to bring innovative changes within the company for optimal output. These pieces of advice usually include job design, job descriptions, appraisals, and other concerns about policy making.
7. Staying Trendy And Competitive
The use of technology is increasing rapidly in every industry. The Corona pandemic has forced many companies to go remote or shut down. Working from home has become a reality nowadays. Hence, each year comes with new challenges. Companies are focusing on hiring people from all races, gender, religion, sexuality, and colors to build a diverse and inclusive workforce. HR professionals take account of the trends and modify company policies and add new sections to keep pace with changes.