Importance of Human Resource Management

There are some points of importance of HRM in an organization and these points signify the presence of HRM as a separate department of the organization. However these points are briefly discussed in the following paragraphs:

1. Formulation of HR points: For proper formulation of human resource policies knowledge and efficiency on HRM required.

2. Implementation of HR policies: Not only formulation rather implementation of HR policies signify the importance of IJR management in an industrial organization.

3. Review of employee needs: Efficient human resources management regularly reviewed the employee need and suggest for proper action.

4. Development of social welfare: If HRM is welfare oriented of employees, some development of social welfare may take place.

5. Utilization of Human Resources: HRM can show it’s important by proper utilization of human resources after getting everything done by employees.

6. Development of labor management relations: Good labor management relation is essential for peaceful working environment. Human Resource Management can ensure it.

7. Overall development of organization: Human Resource management can play a significant roll in achieving productivity and profitability target. Thus it can help the overall development of organization.

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