2:57 LTE Introduction/Thesis Statement We will be talking about human resource m
ID: 420759 • Letter: 2
Question
2:57 LTE Introduction/Thesis Statement We will be talking about human resource management in the small business. No matter how big your organization is your employees are one of your greatest assets/ liability. You have to protect and manage that asset. Describe Your Topic- Describe the Concept Behind the Topic How is your topic used in business?- Cite Examples When it comes down to Human Resource Management the priority is to make sure that everyone is being treated properly. Human resource managers or assistants are responsible of keeping track of employees and making sure that the work environment is up to standards. If there is any issue regarding aspects of employment, such as compliance with labour law
Explanation / Answer
Conclusion:
According to the case study, and the recommendations mentioned, it can be concluded, that it is benefitial to have an HR even in considerably small organizations. Having an HR, will cause a bit of increase, of managing the HR team, and paying for the extra activitie taken up by the HR managers, but the cost of this would surely bring in better ROIs over a period of time. The employees would stay longer with the organization, hence reducing the cost of hiring new employees continuously, and spending money to train them. The employees would also do their work with better efficiences, producing great results. Hence, it is only rightful to have an HR system in the organization, irrespective of its size.
HR solutions can be either outsourced, or self developed, according to the needs and finances.of the company. The company has to be patient, to see the positive results of the HR system, and has to invest time in it as well. Also, the company has to be patient while implementing the system, and has to take a careful look-out over the implementation. Implementation has to be done carefully, because if implemeted well, HR can bring great results, but if done with carelessness, it will only lead to increased costs.
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