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It will also, of course, make other aspects of the human resource manager's job less difficult, as it will then be possible to maintain better employee/management relationships and thus other issues can be engaged in with a lessened degree of animosity or adversity. The more in sync management and employees can become in this era, the greater the potential for organizational growth and profitability.
Combined Functionality and Varying Importance
Though discussed separately above, all of these issues of human resource management are of course interrelated. Labor relations are hugely influenced by compensation and benefits packages as well as through safety and health standards, development programs, and equal employment opportunity issues. Planning, recruiting, and selecting employees can, in turn, heavily influence the types of development programs that are seen as necessary, and all of these have a major effect both on the cost and the profitability of operations, making a comprehensive view of human resources management essential to organizational efficiency.
That being said, some of these issues are definitely of less importance in the current era than others. Safety and health concerns, for example, are not especially important in relative terms when compared to other human resource management topics, and though maintaining diversity is an important part of organizational success (and of remaining on the correct side of ethical and legal issues), issues of equal employment opportunities and affirmative action plans have not been greatly...
In the current climate, the issues of compensation and benefits, labor relations, and development plans are all of increased importance as these more directly and more profoundly influence the cost and profitability of operations. Human resource managers and organizations as a whole must maintain control over these areas in order to ensure the continuation of an adequate and efficient workforce despite limited capital and cash flow.
Conclusion
The basic issues of human resources management do not really change based on the larger economic climate the business world might be facing. Changes to this climate, however, definitely have an effect on the relative importance of these various issues, and also help to shape the way in which these issues are perceived and dealt with. Maintaining an awareness of changes to the economic climate and their effect on issues of human resource management needs to be a primary concern of human resource managers in periods of volatility in order for their organizations to remain viable.
References
Condrey, S. (2010). Handbook of Human Resource Management in Government. San Francisco: Jossey-Bass.
Sison, P. (2003). Personnel Management in the Twenty-First Century. Quezon City, PH: PMAP.
Werner, J. & DeSimone, R. (2008). Human Resource Development. Mason, OH: Cengage.
York, K. (2010). Applied Human Resource Management: Strategic Issues and Experiential Exercises. Thousand Oaks, CA: Sage.
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