Human Reasource Management Essay Example | Topics and Well Written Essays - 3000 words

Human Reasource Management - Essay ExampleAdvancements in the field of transport and communication, exploitation international trade and greater interaction of firms have lead to greater competition with in the growing world market. Organizations in search of better and more than hard-hitting ways of production have identified the productivity of the labor force involved as the prime focus. The several techniques employed to tackle study challenges in the current environment argonRecruitment and selection is a very important aspect for development of a strong workforce. Companies need individuals who are motivated and focused for excellence, individuals whose presence increases the productivity of not only the firm but alike assists other employees to be more productive. Large corporations now hold back assessments such as personality tests, aptitude tests along with a series of interviews to asses the ability of the applicant (Cornelius, 2001).It has been an understood fact th at interaction with in a conclave containing diverse members allows for a greater pool of innovative ideas, perspective and views according to their respective background to crop up. Such groups are very common in Multinational corporations (MNCs) (Connell, 2006). Such managements have to deal with strong local bodies combined with individuals transferred from other foreign countries who go through culture-based human resource management schooling to improve their ability to motivate the culturally diverse labor force.Gain SharingThe extensive emphasis on financial gains makes the technique of gain communion very effective. This program refers to incentive plans where an employee in a common effort to improve the organizational productivity with the incentive that resulting increment will be shared out between the company and the employee. Since the gain sharing is carried out on the effective increment in profits this technique does not cost the company bit it motivates the em ployee to put in greater effort and take on greater responsibilities (Lauver, 2007).Working Environment Several researches on labor productivity identifies that a safe, nonaggressive and directed working environment greatly adds to the productivity of the labor force. Companies boast their ranking amongst the companies with the best working environment to attract talented individuals (Al-Lamki, 2000). An effective working environment means that each individual can feel part of the team he or she is provided the best possible tools to work to his or her upper limit ability. In the current times talented individuals are sought after vigorously amongst competing firms, firms try to lure in individuals with financial gains but creative individuals also have a need to full fill their own ambitions so they try to opt for firms that will allow them to be more productive (Legge, 1995). An effective working environment also assists in preventing labor turnover employees who get adjusted in to the