Human resuorce management,also known as Human capital Management,is a study about managing the human resources of an organisation.It is important to manage and take care of your employees,because without human capital no organisation can run successfully.It acts as abase foundation for any organisation.human resource mangers are responsible forr takingcare of thier employees and the workplace itself.Human resource manager is ajob position which is seen as a less privilaged job.but thier job is vast in nature.They have to take care of all the departments of an organisation and if needed, then they have to carry out the activities of different department apart,from their own work and resposibilities.
We often see such people who judge HR managers for thier job regardless about the knowledge that what they have to doin the whole office hours.We listen such things that HR manager live thier life peacefully,they dont have to do much work,theyjust sit in the AC rooms and just organise cultural programs in the organisation and thatsit.But , this is not the reality.The reality is harsh than it is predicted.HR managers has to work not only to take care of its employees and work place,but also they had to focus their goals upon organisational growth.They have to make plans and stratagies for how the organisation can perform well and gain competative advantage over the market.They have to exicute and implement new polcies in the organisations for effective workplace and efficiency is maintined over the employees.
While,Human resources are known as the important capital of any organisation,an HR manager has to take the retention point into consideration.Because when an employeee joins an organisation they come with some hopes wishes and desires for which an organisation can fullfill all thier needs.So ,it becomes the responsibilty of an HR manager to come up over thier expectations while taking care of the budget ,for which the employee's needs are fullfilled and the cost incurred are less.they have to think all about these factors and plan stratagically.
Now a days,Employee Retention and Employee engagement are becoming an important part of the management.It is important that employees participate in the organisation , not just only doing thier assigned task ,but also to come up with some new business ideas by which an organsiation can become successful in the competative market.For example-Wipro and Infosys encourage thier employees to come with some new entrepreneurial ideas for leading success of an organisation.If employees are giving such oppurtunities in which they can participate and give hier opnions regarding any important business decisions and to make any new business plans,then it will take an organisation to a leading position in the market.For this ,the HR department and the whole organisation must discuss such things.
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