Objectives of HRM
Objectives of HRM
commonly seen as important HR objectives: Objective Ensure human resources are employed costeffectively Make effective use of workforce potential Match the workforce to the business needs HR Actions Pay rates should be competitive but not excessive Achieve acceptable staff utilisation Minimise staff turnover Measure returns on investment in training Ensure jobs have suitable, achievable workloads Avoid too many under-utilised or over-stretched staff Make best use of employees skills Workforce planning to ensure business has the right number of staff in the right locations with the right skills Effective recruitment to match workforce needs Training programmes to cover skills gaps or respond to changes in technology, processes & market Consider outsourcing activities that can be done better and more costeffectively by external suppliers Get the right number and mix of staff at each location where the business operates in multiple sites and countries Avoid unnecessary and costly industrial disputes Timely and honest communication with employees and their representatives Sensitive handling or potential problems with employees (e.g. dismissal, redundancy, major changes in the business) Comply with all relevant employment legislation