Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Essay

Best practices of HRM

Rating
-
Sold
-
Pages
2
Grade
B
Uploaded on
13-03-2022
Written in
2021/2022

Best practices of HRM

Content preview

Best Practices of Human Resource Management


Human resource management (HRM) practices have been under the scrutiny of academics, companies
and the media and continue to be a heated debate that does not have a single point of view. It is the
idea that there are universal principles in the area of HRM that generate ideal performance in
companies, regardless of the organization or industry in which these principles are applied. It is very
important to align the goals of the human talent area with the objectives of the organization so that
both the HR area, the business and the strategic areas are aligned. Therefore, to help the areas of
human talent to focus their efforts on best human management practices, we have compiled a list of
best practices. These practices can be applied in organizations to analyze how they can help in improving
employees’ commitment and retention.
A recent example of a good human management practice was the reduction of working hours at
Microsoft. The employees went from working 5 days to only 4 and the results speak for themselves:
productivity increased by 40% and they have also saved both on office supplies and electricity. However,
it does not mean that all companies should lower their hours as Microsoft did, at least; they can start
with simple actions that will undoubtedly bring them several benefits. Below, we have listed seven best
practices for the human resource departments of organizations.
1. Job security
The first practice has to do not only with preventing occupational risk factors but also with ensuring job
stability. This empowers employees and encourages them to develop a long-term vision with their work
and the organization, which will increase their commitment and performance.
2. Being selective when choosing personnel
Companies that are serious about the profits generated by their staff will go to great lengths to recruit
the best candidate. However, to achieve this practice, the business expert must follow some
recommendations like the skills and abilities must be consistent with the requirements of the position
and with the focus of the organizations for their sector. For example, they rely on Artificial Intelligence
(AI) and machine learning tools to measure specific skills in candidates.
3. Autonomous teams and decentralised decision-making
Another good HRM practice is to replace hierarchical decision-making with a model where teams decide
together to generate a greater sense of belonging by granting greater autonomy to teams. In this way,
they will feel responsible for taking care of the processes, seeking solutions to problems and achieving
results.

Document information

Uploaded on
March 13, 2022
Number of pages
2
Written in
2021/2022
Type
ESSAY
Professor(s)
Unknown
Grade
B
£6.17
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller
Seller avatar
valentinapianta99

Get to know the seller

Seller avatar
valentinapianta99 London School of Business and Finance
View profile
Follow You need to be logged in order to follow users or courses
Sold
-
Member since
4 year
Number of followers
0
Documents
23
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions