“Human Resource* is the most important asset of an organization.” *Hint: Human resource refers to all employees in the organization.
William R. Tracey, in The Human Resources Glossary defines Human Resources as “The people that staff and operate an organization” as contrasted with the financial and material resources of an organization. Human Resource is not only about oneself, in this globalisation world, it is more about how to manage the employee’s benefits. The evolution made verbal the fact that people are an organization's most important asset. People are an asset that must be hired, satisfied in their own way, developed to achieve greater success and retained. Establishing a strong Human Resource system has many benefits for the organization. It helps to ensure that the employees deliver quality services to their job. For the organization, it increases the capacity to achieve its goals, increases the level of employee effectiveness in their performance. As a result, it provide cost saving through improve efficiency and productivity of the worker. As for the employee, it improves equity between employee compensation and level of responsibility. Helps employees understand how their work relates to the mission and vision of the organization. Makes the employee more highly motivated and yet increases job satisfaction. When maintaining a strong Human Resource in organization, there are 4 pointers to consider: Maintaining rewarding benefits and recognition.
Encouraging human resources leadership at each organization level. Developing and maintaining a performance management system.
Investing in training.
Maintaining rewarding benefits and recognition. Every employee in any organization wants to feel that their efforts contributed in their daily job are being recognized and importantly rewarded with. There are a lot of benefits offered across many organizations and yet every of them trying to be their best to have the competitive edge in attracting and...
Bibliography: Susan M.Heathfield: “Top 10 ideas about what employees want from work; employee motivation is the result of factors such as recognition and trust”, about.com guide (15 May 2013)
Janice Miller: The Manager, USA:Management Sciences for Health
Susan M.Heathfield: “What is the definition of Human Resources?” , about.com guide (15 May 2013)
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