Human Resource Management At Small Businesses - 1121 Words

Pre-sessional 2016 Final Project Human Resource Management in Small Businesses Blades Qi Ni/Nicky 26036566 Human Resource Management in Small Businesses Human Resource Management (HRM) is the terminology used to illustrate formal systems devised for the management of people within an organization. It is the method of managing an organization or company that is directly related to the employees of that particular organization. The success of a business often rely heavily on the performance of managing human resource. Maximizing the desires and benefits of an organization and helping a business grow by rewarding employees to help motivate and push them in their performance is one of the main aim of HRM. By doing this, it will have a positive impact on both the company and it’s entire organization. The management of people in an organization is an important factor of the HRM. This principle of HRM is all about how people act and behave in a formal setting. Modern human resource management is guided by a few main principles. One of the most dominant factor is the fact that human resources are the most valuable assets of an organization. Another important principle, expressed by Ashly Pinnington in her book ‘Human Resource Management Ethics and Employment’, is that â€Å"a succesful business is more likely to be achieved if the personal polices andShow MoreRelatedThe Importance Of Human Resource Management Within The Business1738 Words   |  7 Pages The Importance of Human Resources in Small Business Derrick Rowley Business 224 Dennis Oden 7 June 2015 â€Æ' Abstract Within this paper you will find that HR is vital to all businesses, but can greatly affect the long-term success of a small business. Small businesses can have a difficult time finding qualified individuals to help with the production side of the business. That is why having human resource management within the business is so important. HR sets the planning process and withinRead MoreThe Function Of A Human Resources Department Essay1368 Words   |  6 PagesEvery business, large or small, has a human resource department that oversees and organizes all of the hiring for the business, the training of new employees, employee benefit programs, payroll, and so much more. Small business tends to overlook any guidance in human resources. Human resource is defined as the skills, knowledge, and motivation of people. The first step is understanding what the function of a Human Resources Department. The function of a human resources department is made up of sixRead MoreEssay On E-Learning105 5 Words   |  5 PagesPerceptions of E-learning by Management Trainees in a Small, Fast-Food Restaurant Small businesses in the United States are significant drivers of economic growth, job creation, wealth, and the embodiment of the â€Å"American Dream† (Chow Dunkelberg, 2011; Valadez, 2012). In 2013, The Small Business Administration estimated there were â€Å"28.8 million small businesses that accounted for 99.7 percent of U.S. employer firms, 33.6% of known export value ($471 billion out of $930 billion), 33.6% of knownRead MoreEssay on Small Business1238 Words   |  5 PagesSmall Business 2 In accessing the Equal Employment Opportunity Office (EEOC) website, I found it very hard to find a clear and concise reason as to why small businesses were treated differently than the larger businesses and why the law would differentiate between them. These smaller organizations are sometimes treated differently by the EEOC because they lack the resources that most large companies possess. Most small businesses cant afford to hire the best qualified people thatRead MoreThe Importance Of A Good Human Resource Department1748 Words   |  7 PagesA good human resource department is essential to any successful businesses in today’s society. Before human resource managers were seen as people who deal with employee disputes and little more, now this is just one small part of their role to organisations. Human resource is a huge department for reasons as being a key planner in helping company’s employee performances. In this essay I will be exploring the different types of personnel management that is used, assessing the roles of human resourceRead MoreHuman Resource Management System Implementation947 Words   |  4 PagesUniversity Human Resource Management System Implementation Human Resource Information system (HRIMS), also referred to as Human Resources Management System (HRMS), is a series of integrated systems that is utilized to gather, organize, and analyze information regarding human resources in an organization. This assists in the automation and simplification of an organization’s tasks, but most fundamentally, it aids in the laying down of a framework on which the management of human resource policies canRead MoreSmall Business Development in the United States Essay1129 Words   |  5 PagesSmall businesses were once the backbone of the United States economy. After a time these business owners expanded, merged, and bought other businesses. This historic business trend has created some the well know corporations we know of today. One example would be the development of Wal-mart. Today, small businesses operate in the shadows of â€Å"big box† stores. However, small business owners account for more than 90% of, but only less than 5% o r 10% of the GDP, â€Å"gross domestic product.† As a managerRead MoreFunctional Areas of Business Essay1117 Words   |  5 PagesAnalyzing the functional areas of Management Adrean D.Thomas MGT/521 September 3, 2013 Dr. Machen Analyzing the functional areas of Management In all types of businesses (big or small), managers play a key role in the efficiency, profitability, and functionality of how the business meets its goals and successes. The purpose of managers are to oversee and coordinate the work of others. As managers, it is important that ensure that the business’ greatest resource, which are its employees, areRead MoreThe Effective Management Of Human Resources1338 Words   |  6 PagesThe effective management of human resources is essential for business success. In this article, it will talk about the importance of the effective management of human resources. Human resources management is a function that using the limited employees to do the most work and make the business run, which is called HRM or simply HR. A valid work on human resources management will make business successful. The intention of this discussion is to argue about various sources, helpful purposes and functionsRead MoreBusiness Risks And Business Risk1408 Words à ‚  |  6 Pagesimportant that businesses assess the risk regularly and respond with a sound reaction to be successful. Small businesses may not afford to determine the risks with a complicated statistical method, but proper use of Accounting Information System provides enough information to find out potential threats. This research discusses the methods of applying accounting information to assess the business risk. With the discussions of available research papers, it proposes better ways small businesses can determine