Human Resource Management For Employee Training And Retention In The Modern World Term Paper

Human Resource Management for Employee Training and Retention in the Modern World

The modern business organization devotes much more effort and coordination to the entire spectrum of human resource management (HRM) processes than its predecessor. Previously, even if all of the individual functions and responsibilities of HRM were administrated by the same department, they remained largely separate initiatives. Recruitment was not coordinated with other aspects of HRM, let alone with other departments outside of HRM, beyond the initial request or notification to HRM that new personnel were required. New hire training was primarily organized and delivered within individual business units rather than by the organization in any uniform way; and the notion of "organizational culture" rarely played any role in that training. Legal training was limited to the department of legal counsel and higher-level management, or provided otherwise, only after being necessitated by problems after they had already become manifest. Organizations made little effort and had few means of gauging the relative satisfaction of their employees beyond objective performance measures, and any effort to maximize the potential of existing personnel to recruit new talent was limited to the occasional announcement within individual business units.

Today, contemporary business organizations recognize the importance of HRM functions in the optimal selection, hiring, and training of employees. Typically, they maintain fully-integrated HRM functions that begin before job opening announcements are even posted and that continue through new-hire training, employee satisfaction assessments, and exit interviews.

The Integrated Approach to HRM

Job Description and Recruitment

The modern business environment is much more competitive than it was before, in many industries, particularly since the recent economic recessions in the United States and globally. Competition for the best talent is intense and business organizations have recognized that maintaining high employee retention rates is a key element of profitable operations, mainly by virtue of the real costs of employee turnover (Robbins & Judge, 2009). Every time that the organization loses an employee, it suffers a reduction in output from the time of departure until a replacement is hired, trained, and operating at the same capacity as the departed employee (Russell-Whalling, 2008). There are related costs to the organization associated with recruitment, interviewing,...

...

If the replacement should fail to perform at an acceptable level, those costs continue to mount until a suitable replacement can be hired, trained, and retained. The integrated approach to HRM was developed precisely to reduce turnover, by improving the ability of modern business organizations recruit and hire the right individual for every job and then provide the necessary training and support to maximize tenure (Russell-Whalling, 2008).
Generally, integrated HRM begins with better coordination between operational managers within departments seeking to add personnel and HRM representatives (George & Jones, 2008). The purpose of that coordination is to ensure that the HRM personnel responsible for publishing the job opening announcement understand and describe the requirements and nature of the position well enough to help limit potential respondents to those prospective new hires who will have the necessary qualifications, temperament, and desire to succeed within the organization and maintain a ling enough tenure to defray the cost associated with their hiring (George & Jones, 2008). In that regard, one of the most important elements of that process from the perspective of employee retention is the effort to identify the potential compatibility between prospective new hires and the existing organizational social culture (Russell-Whalling, 2008).

More specifically, modern business organizations understand that incompatibility between employees and organizational culture is significant source of employee dissatisfaction and, ultimately, turnover, apart from performance issues. By incorporating organizational cultural compatibility issues into the recruitment and interview process, HRM personnel can greatly reduce the rate of turnover by assessing the likely level of employee-organizational compatibility before the organization actually commits to hiring any prospective employee (Russell-Whalling, 2008).

New Social Media Technologies

Modern HRM approaches also recognize the value of social media (Leader-Chivee, Hamilton, & Cowan, 2008; Robbins & Judge, 2009). Since it has become so common for employees to maintain social media profiles, business organizations have begun incorporating those avenues into their online presence in several ways. They maintain corporate social media accounts that are employee-friendly and that promote the values…

Sources Used in Documents:

References

Alessie, L. "Big Brother is watching: Lorenza Alessie, associate director at HVS

Executive Search, investigates how professional and social online networks such as Facebook and Linkedin are affecting the face of recruitment." Leisure Report, (August 2008).

George, J.M. And Jones, G.R. (2008). Understanding and Managing Organizational

Behavior. Upper Saddle River, NJ: Prentice Hall.


Cite this Document:

"Human Resource Management For Employee Training And Retention In The Modern World" (2013, April 08) Retrieved April 24, 2024, from
https://www.paperdue.com/essay/human-resource-management-for-employee-training-89150

"Human Resource Management For Employee Training And Retention In The Modern World" 08 April 2013. Web.24 April. 2024. <
https://www.paperdue.com/essay/human-resource-management-for-employee-training-89150>

"Human Resource Management For Employee Training And Retention In The Modern World", 08 April 2013, Accessed.24 April. 2024,
https://www.paperdue.com/essay/human-resource-management-for-employee-training-89150

Related Documents

Human resource management, whether specifically titled or not, has been a part of any organization's management since groups banded together for specific tasks. Ancient armies, projects, and even educational and religious institutions all had concerns about their ability to bring in the appropriate person for the positions at hand. Formally, Human Resource Management in the contemporary world is both the tactical and strategic manner in which an organization manages the

Frank and Taylor (2004) warn that motivating employees is highly dependent on their specific wants and needs. An accounting firm that mostly hires conservative, serious-minded employees who value efficiency above all else are not likely to be motivated by the offer of a life coach or a concierge. They would probably be much more motivated by a good 401k plan. However, that does not mean that all types of

Human resources management Conduct a series specific case studies companies, countries, approach issue human resource management development. Specific comparative analysis made practices U.S. countries. Human resource management -- the case of McDonald's and Wal-Mart's HRM practices in Europe, Asia and the United States of America The role of human resources management has changed dramatically throughout the past recent decades. Once the people operating the machineries and blindly implementing the decisions made by

changing role of human resource management in the global competitive environment. The paper begins with evaluation of the global competitive environment, particularly with its contributing factors. The influences of information technology, corporate communication, and very strong marketing on HRM function in this environment. This is followed by a discussion on the changing role of human resource managers in this competitive environment that has also been impacted by harsh economic

, 2010). The model includes several mediator (e.g., knowledge exchange) and moderator variables (e.g., self-leadership competencies of actors) that explain why and when this approach is effective and looks at leadership in more of a comprehensive way than focusing on one individual. Such perspectives have suggested that when employees become involved in the decision making processes then this can strengthen leadership. Transactional Leadership Transactional leadership is the leadership model that represents what

HR will need to have better guidelines in place for individuals in this new atmosphere (Kahnweiler 25-26). However, there are and will always be two main components that the HR department of any organization will cover. The first is comprised of management, leadership and employee motivation and the other is the traditional realm of HR practices which include performance appraisal, training, recruitment and selection, as well as compensation management (salry