Human Resource Management

Employment relations

‘’A company’s efforts to manages relationships between employers and employees’’

Engaged employees are an invaluable asset in today’s competitive workforce

This means fair and consistent treatment to all employees so they will be loyal and commitment to their job. Such programs also aim to prevent and resolve problems arising from situations at work.

Employee relations are a typical part of the HRM research strategy so the people are used on the most effective way to accomplish the company’s goals

Human resource strategies

‘’ Deliberate plans companies use to help them gain and maintain a competitive edge in the marketplace’’

Focus on issues effecting employees

Like:

Pay and benefits

Work-life balance

Safe working conditions

One of the most effective ways for a company to insure good employee’s relations is to adapt a human resource strategy that places a high value on employees like stakeholders

Stakeholders

‘’people who are committed financially or otherwise, to a company and are affected by its success or failure’’

When employees are treated like more than payed labours but as stakeholders with the power to effect outcomes they feel more valued than they do.

Clearly written policies

‘’the company philosophy, rules and procedures for addressing employees-related matters and resolving problems in the workplace’’

Companies have employee relation representatives for this. They ensure that company policies are followed fairly and consistently. They work with employees and supervisors.

These are the following 8 elements

Leadership

Employees are desperate to have meaningful relationships with their managers. Did you know that praise from a direct manager is almost twice as effective at motivating employees as giving them stock options

Culture

A positive corporate culture results in happy employees who want to come to work every morning. Not only that, but the better the culture, the more...