HRM and its challenges

1.

HRM and its
challenges

2.

https://www.humanresourcesedu.org/what-is-human-resources/
HRM is about managing and developing people in a
specific organization.
Human Resource Management
Recruiting and staffing
Organization development
Compensation and
benefits
Labor and employee
relations
Training and learning

3.

https://content.wisestep.com/human-resource-management-important/
Every year HRM becomes more important in
management. Why?
1
Innovative progress is inevitable.
Talented employees = modern, high quality product.

4.

https://www.managementstudyguide.com/hr-challenges.htm
2
Motivation
People ask for motivation, if it is not enough, then it is more
difficult to get closer to the goal.
There are two categories of incentives for
employee motivation.
monetary
incentive
non-financial
incentives

5.

https://content.wisestep.com/human-resource-management-important/
3
Increase in the value of employees.
Everyone matters!
You are important

6.

https://www.humanresourcesedu.org/what-is-human-resources/
4
The importance of controlling and
communicating information.
Human resource department works as a backbone for any
company and acts as a medium that links employees with
the management of the organization.

7.

https://www.iedunote.com/challenges-of-modern-hrm
10 major challenges of the HR department.
1.
Changing Values of the workforce.
New generation workforces
are more educated, and they
prefer difficult jobs and often
employees tend to hold
inflated expectations about
work.

8.

https://www.iedunote.com/challenges-of-modern-hrm
2.
Changing Demands of Employees.
Employees demand more
freedom and autonomy in the
workplace, so they want more
time for leisure, recreation, and
self-development. Employees
are more concerned about
intrinsic recognition and
appreciation.

9.

https://www.iedunote.com/challenges-of-modern-hrm
3.
Changing Demands of Environment.
Environment is characterized
by globalization, increased
competition, government
legislation, and technological
innovations.

10.

https://www.iedunote.com/challenges-of-modern-hrm
4.
Introduction of New Technology.
New technology can lead
to retraining or the need
to recruit workers with
specialist skills.

11.

https://www.iedunote.com/challenges-of-modern-hrm
5.
Changing Market.
Changes in the economy and
in the purchasing pattern of
consumers may affect the
demand for labor. In a
recession, a business perhaps
reduce its workforce as
demand for its products drop
sharply.

12.

https://www.iedunote.com/challenges-of-modern-hrm
6.
Changing Goals of Business.
The goal of business can
affect the demand for
labor.

13.

https://www.iedunote.com/challenges-of-modern-hrm
7.
Outsourcing.
Many companies choose to hire
freelance workers to complete
additional tasks rather than take
on salaried employees in-house.
When outsourcing, HR
managers don`t need to regard
overheads like taxes, medical
assurance, working equipment
cost, or benefits, because the
freelancers do.

14.

https://www.iedunote.com/challenges-of-modern-hrm
8.
Discrimination.
HR managers must establish
a workplace without any
discrimination.
Since more employees are
conversant of their rights, a
current HR department may
need to regulate a possible
increase in discrimination
complaints.

15.

https://www.iedunote.com/challenges-of-modern-hrm
9.
Conflict Resolution
Interpersonal tangle between
colleagues and a disagreement
between employees and
supervisors may occur for many
reasons.
It is common for HR managers to
explore verbal complaints, and
manager should solve conflicts
before they become serious or
pernicious.

16.

https://www.iedunote.com/challenges-of-modern-hrm
10.
Change Management.
The HR manager must parallel the
needs of the changing organization.
With any changes, the HR
professional must learn how to
manage effectively through
planning, organizing, leadership,
checking the human resource and
being well - informed of appearing
training employees.

17.

https://www.businessmanagementideas.com/human-resourcemanagement-2/human-resource-management/19420
Conclusions
HRM concerns with managing people.
Getting people in the firm and
perennially motivating them is very
important for the success of a
company.
Human resource management may
extensively be defined as planning,
organizing, leading, directing,
coordinating and controlling human
resources activities of a company,
which contribute to realizing the
defined goals of the company by
making use of its human resources.
Thanks for attention!