In recent years, human resource management has become significantly more important. After all, employees are one of the most important resources of a company. As a result, human resources management occupies a central position within the company. In doing so, it operates in the field of tension between the requirements of the company and the needs of the employees.
Definition of Human Resource Management
Human resources management encompasses all personnel-related strategies, measures and fields of action that contribute to the development of the company. It bundles various areas of activity such as personnel planning, development and management or personnel management.
Goals of Human Resource Management
- Attracting and retaining qualified employees
- Increase employee performance and motivation
- Promoting employee satisfaction and the working atmosphere
- Optimization of personnel processes and costs
- Ensuring the company's success
Tasks of Human Resource Management
- Workforce planning:
- Identification of personnel needs
- Advance planning of personnel requirements and qualifications
- Recruiting:
- Search and selection of suitable employees
- Employer Branding
- Personnel administration:
- Personnel file management
- Payroll accounting
- Labour law
- Personnel Development:
- Promotion of employee qualifications
- Continuing Education and Development Programs
- Personnel management:
- Motivation and performance improvement of employees
- Leadership Development
- Personnel Controlling:
- Management and control of personnel processes
- Key Figures
Challenges of Human Resource Management
- Demographic change and shortage of skilled workers
- Digitalization of the world of work
- Changing employee needs
- Increasing demands on HR work
Success Factors of Human Resource Management
- Strategic alignment with corporate goals
- Employee-centered thinking and acting
- Professional Human Resource Management
- State-of-the-art tools and systems
- Continuous development
FAQs
What is Human Resource Management?
Human resource management encompasses all human resources-related strategies, measures and fields of action that contribute to the growth and development of a company. It includes tasks such as personnel planning, development, management, and personnel management. These aspects are essential in order to attract and retain qualified employees.
What are the tasks of human resource management?
A central aspect of human resources management tasks is to select, deploy and promote employees in accordance with the company's goals. Often, leaders don't realize the value of the workforce until the lack of skilled employees leads to challenges in order fulfillment. Hence the need for strategic and long-term planning.
Why is human resource management important?
A company managed on the basis of strategic human resources management enables it to react flexibly to current changes and to recruit, deploy and develop employees in the optimal way. In the long term, this has a significant impact on the company's success. A consistent and coordinated strategy in all areas of human resource management is crucial.
What areas are covered by human resource management?
A strategic approach to HR management is required in order to select the right talent, deploy it effectively and develop it in a targeted manner. This includes various fields of action that should be harmonized with one another: Personnel planning, recruiting, personnel administration and deployment, Personnel Development, remuneration management and personnel controlling.
Result
Human resource management is an important success factor for any company. With modern and strategic human resource management, companies can attract and retain the best talent, increase employee performance and motivation, and ensure the company's success.
