Human Resources: The life of any organisation
Human Resources and Its Importance
Employees are an essential asset for an organization. Providing employees with opportunities for growth and prosperity helps them achieve their business goals. Human Resources Development (HR) is a management area that focuses on developing and instructing human resources within an organization. Ultimately, it’s about improving employee performance. Every organization needs a good human resources management system. Recruiting and retaining employees, improving and enhancing an organization, and maintaining without human resources management, would be impossible to create a healthy, accepting workplace culture. There are many who call human resource management the lifeblood of an organization.
The Human Resources Department is in charge of managing the whole employee life cycle, including hiring, onboarding, training, and terminating workers, as well as handling employee benefits. The purpose of human resources is to assist employees. It serves as a resource for people, quite literally. Professionals in this industry typically have specialised knowledge in one or more areas due to the diversity of human resource management. A few examples of relevant job titles for HR specialists are:
- Specialized in training and development
- Benefits expert
- HR manager
- A generalist in human resources
- Manager of employment services
- Specialist in pay and employment analysis
- Manager of training and development
- A benefits adviser
- Employee analyst
Roles and Responsibilities of the Human Resource Department
Each day, the HR department is busy with these tasks.
- Recruitment of candidates
The recruiting process must take into account the organization’s requirements and ensure those requirements are met. In order to hire the right people, the department needs to analyze the industry, consult interested parties, and plan budgets.
After the job is announced, further analysis is needed to ensure that suitable candidates are attracted and presented. A good applicant has the potential to revitalize an entire business, while the wrong applicant can have disastrous consequences. Recruiting is a massive and expensive undertaking.
- Get the right people on board
It is the responsibility of HR to complete all recruitment work related to personnel recruitment. They ensure that everything is effectively and thoroughly analysed and explored from day one to each day.
- Payroll Process
Salary is very important to employees. HR needs to calculate taxes and analyze working hours on weekdays. All necessary expenses will be reimbursed and additional benefits and bonuses will need to be adjusted with salary. If an employee finds it inconvenient to pay taxes only once a year, imagine what it would be like to work at HR and make sure they are properly declared for each payment period.
- Disciplinary action
When treated improperly, disciplinary action can lead to a shortage of valuable employees, leading to litigation and an even worse reputation. However, when treated properly, disciplinary action can improve a worker’s performance.
If a company determines that a particular employee is coming late to the office and continues to be late after a number of reminders, HR can intervene to investigate the cause of the delay. It may be a way to counsel workers and increase their profits, or to provide additional funding to help them learn how to stay on time. Instead of paying the price of dismissal and hiring a replacement for the worker, it may be a good opportunity to decorate the worker’s career.
- Policy Update
It is important that the policy is updated annually to reflect the changing needs of the organization. Human Resources is responsible for updating company policies and proposing changes when employees no longer serve the company. Sometimes the policy needs to be updated in response to an event that has occurred. Whenever personnel decisions are made. It’s important to check with HR.
- To maintain employee records
Maintaining personnel files is required by law. These records help employers identify skill gaps to assist in the hiring process and analyze demographics to comply with regulations. The Employee records also contain personal information and emergency contact information for each employee.
- Benefit Analysis
To remain competitive in business, employers must continue to offer great benefits and opportunities. If a recruit believes that the benefits at another company are more attractive, they may choose to work there instead. HR should routinely research similar companies to determine if their benefits are competitive.
Why is Human Resource Department important in any organisation?
HR management helps overcome any barrier between workers’ performance and the firm’s targets. In addition, an effective HR supervisory crew can give the organization an added advantage over their market competition. HR managers play an important role in organizations. They depend heavily on strategy management, which is an integral part of any organization. They play an important role in the corporate decision-making process, including assessments and projections for current and future employees based on the needs of the organization. Managers are responsible for ensuring the organization meets its business objectives, as well as for contributing significantly to corporate decision-making.
A corporation is nearly certain to fail if it has an ineffective human resources management department. Among the most crucial HRM duties are- job reviews, hiring, training, development, evaluations, employee benefits, employee safety, career planning and employee motivation. Because of the numerous departmental goals that have the potential to significantly enhance or harm an organisation, human resources management is crucial to business success. Increasing productivity by ensuring qualified staff are hired and keep up with training programmes is one of the fundamental goals of human resources management. The development of coordination across organisational divisions is a key goal of HR management, which is why it is crucial for a company.
Recruiting and retaining employees are two areas where HR managers strive to reduce costs. Besides being well versed in employee benefits that will attract and retain quality candidates, HR negotiations with potential and existing employees are conducted by professionals with the appropriate training. The managers contribute immensely to employees’ training and development programmes that enhance employer-employee relationships. By growing within the organization, employees are more satisfied and productive. In order to create possibilities for team development, HR managers are in charge of organizing various, events, and celebrations inside the company. Additionally, it promotes interaction among workers and fosters a sense of respect and trust among peers.
If there is ever a professional dispute between workers, HR should be contacted. By analysing the issue objectively and promoting good conversation to find a solution, they make sure that problems and disagreements are addressed efficiently. The significance of avoiding letting personal judgement influence one’s behaviour is also emphasised, as well as many methods for establishing productive working connections.
Risk and compliance are managed with the assistance of the HR department and organisational leadership. In order to assist in managing the risk faced by their organisation, human resource managers should be knowledgeable in corporate law, ethics, statistics, and problem-solving. Several risk mitigation tasks may be assigned to you as an HR manager:
- Quantitative risk analysis using business data
- Taking care of and avoiding possible litigation
- Tracking firing exercises
- Training other employees as required
An advanced career in management and business with the best MBA college in Delhi
At the Business School, students will learn about qualities required in an HR manager- critical and creative thinking, values, ethics, and, time management and how to make themselves time-efficient for future roles and responsibilities in the corporate world. Not only does the college shape and groom the personality of students looking for a career in HR but during the course, youngsters become their best selves. Delhi School of Business was founded in 2012 and is an AICTE-approved private business college. The institute provides a two-year PGDM programme in management that is approved by the NBA and has been certified by the AIU as being equivalent to an MBA. Students are supposed to meet, associate, study and work with individuals from various backgrounds which brings great habits, collaboration, similarity, values and morals that are necessary traits in today’s managers. The programme expects the ambitious students of business and management to be reliable, complete their work on time, submit tasks under strict deadlines, perform various activities and exercises in a group and do all of this with the most extensive level of impressive skill.
To develop students’ personalities, the curriculum includes topics such as human values and professional ethics that are useful in the management, business and HR department. The institution puts immense efforts in the area of human values and ethics intended to help students become aware of the issues and potential solutions through self-examination. The programme evaluates the students whether they understand the requirement and how they respond to different business situations rather than simply respond to them. Additionally, the organisation helps students recognize their duties and how to fulfil them in time. The programme also ensures that students are aware of their potential, which, if fully realised, can advance a business in a positive direction.
The programme enhances the youngsters with the greatest skills needed in business and the leading firms in the management sector, enabling them to operate in their desired department in a successful capacity. The institute seeks to prepare students for tomorrow by improving their knowledge, skills, and mindset that will enable them to be pioneers in any pursuit they choose, as well as guiding and training them to become dynamic people who are ready for the business world. Also, to the attractive employment responsibilities, the institute provides access to new and interesting prospects. After successfully completing their programme, students have access to a wider range of career prospects in their desired professional area.
Ease of Location for the students
The institute is located close to the three metro stations Haiderpur (Yellow Line), Pitampura (Red Line), and Shalimar Bagh (Pink Line), compared to other private business schools in Delhi. The closest train station, located 25 kilometres from the campus, is New Delhi Railway Station, so it is less travel from the railway station for outside Delhi students. Needless to say that the institute, has a locational edge over other colleges! In contrast to other private MBA colleges in Delhi that are in distant regions, it is easier for the students to travel to Delhi School of Business because it is located on the outer ring road, Pitampura. The aspiring management students benefit greatly from this by spending less time travelling back and forth and having more free time for extracurricular activities.
The alumni of the best MBA college in Delhi
The alumni represent the story of the college culture and growth, giving the best experiences, career opportunities and intellectual resources in the industry. The best inspiration for students is the alumni of the institute. The alumni are very well suited to provide practical support when students begin their careers. Alumni often leverage the expertise of educational institutions in their professional life. The alumni network of Delhi School of Business is home to established working professionals that are placed in a variety of industries, regions and ventures. As the heart of this dedicated community, students interact with graduates through numerous events and webinars.
Join the PGDM equivalent MBA programme at Delhi School of Business to develop and learn in such a value-driven environment and culture of the best MBA college in Delhi.
Don’t pass up the chance for career advancement as well as comprehensive learning and personal growth—admissions are now open.