preview

Human Resource : The Backbone Of Any Business

Better Essays

Human resource is the backbone of any business. It deals with the most important resource in the business – people. For any business to achieve its objectives they must plan their resources and one of their key resources is people. Human Resource managers are responsible for getting the right people in order to meet the organization’s aims successfully.

As an organization grows and expands, the human resource department will know that the organization needs to constantly measure performance. Recruiting staff in an organization is very expensive and costly, so the human resource function helps the organization to get recruitment right.

There are four main elements to Human Resources and they are:

1. Planning
2. Recruitment & Selection
3. Training & Development
4. Performance Measurement.

For this paper, I’m going to be discussing performance measurement; what it means, why it’s important and how it’s done.

Performance management is the system in which the employees are reviewed at regular intervals so they are monitored to tell the employer how they perform in their jobs and can they improve their performance. Employee performance measurements can determine an employee 's compensation, employment status or opportunities for advancement. This is usually be carried out by the employee’s manager, however it is practical to include HR managers in the process. In order to be competitive, companies must continue to monitor the performance of its employees.

Get Access