Main objectives or purpose of HRM is to fulfill the organizational goals which might be short term or long term goals. For this different resources are mobilized. The objectives and importance are as follows:
1. Effective utilization of resources:
It ensures effective use of human resources. Human resources department is creates to formulate requires objectives and policies by communicating with different line managers to utilize the resources efficiently. Effective utilization of resources ensures the cost minimization and avoidance of wastage
2. Organizational structure:
Working relationship between employees and management is organizational structure which assigns the task for each employee. It defines positions rights and duties responsibilities of each staffs. Human Resources Management system provides required information to the employees timely and accurately and helps to maintain organizational structure.
3. Development of human resource:
It provides good working environment or favorable working environment for employees so that employees can use their creativity. Favorable environment helps to develop their creativity knowledge ability and skill. HRM conducts training programs that help to develop the employees.
4. Respect for human being:
It provides respectful environment. It provides facilities as well as appropriate respect. Dominating tendencies develops or lead to organizational crisis. Each and every personnel should get proper respect at work. HRM develops develops good working relationship among managers and workers.
5. Goal harmony:
HRM fills the gap between the individual goal and organizational goal that results goal harmony. If there is a goal difference, employees are not willing to perform well. Proper match between individual and organizational goal helps to utilize the resources effectively and efficiently. It satisfies their personnel needs and maintains job satisfaction and commitment.
6.Employee satisfaction:
Employees are provide different facilities and opportunities for their career development which maintains job satisfaction and commitment. Employees will be satisfies with their performance when they are provided every kind of facility and opportunity.
7.Organizational productivity:
Productivity means efficient relationship between organizational input and its output. It is the ratio of input and output. It measures how well resources are utilized to produce better result. HRM focuses higher production by effective use of available resources that leads higher productivity.
8. Employee discipline and morale:
HRM promote employees discipline through performance based incentives. It creates healthy and friendly working environment. it places the right people in the right post at the right time tat provides moral support.
1. Effective utilization of resources:
It ensures effective use of human resources. Human resources department is creates to formulate requires objectives and policies by communicating with different line managers to utilize the resources efficiently. Effective utilization of resources ensures the cost minimization and avoidance of wastage
2. Organizational structure:
Working relationship between employees and management is organizational structure which assigns the task for each employee. It defines positions rights and duties responsibilities of each staffs. Human Resources Management system provides required information to the employees timely and accurately and helps to maintain organizational structure.
3. Development of human resource:
It provides good working environment or favorable working environment for employees so that employees can use their creativity. Favorable environment helps to develop their creativity knowledge ability and skill. HRM conducts training programs that help to develop the employees.
4. Respect for human being:
It provides respectful environment. It provides facilities as well as appropriate respect. Dominating tendencies develops or lead to organizational crisis. Each and every personnel should get proper respect at work. HRM develops develops good working relationship among managers and workers.
5. Goal harmony:
HRM fills the gap between the individual goal and organizational goal that results goal harmony. If there is a goal difference, employees are not willing to perform well. Proper match between individual and organizational goal helps to utilize the resources effectively and efficiently. It satisfies their personnel needs and maintains job satisfaction and commitment.
6.Employee satisfaction:
Employees are provide different facilities and opportunities for their career development which maintains job satisfaction and commitment. Employees will be satisfies with their performance when they are provided every kind of facility and opportunity.
7.Organizational productivity:
Productivity means efficient relationship between organizational input and its output. It is the ratio of input and output. It measures how well resources are utilized to produce better result. HRM focuses higher production by effective use of available resources that leads higher productivity.
8. Employee discipline and morale:
HRM promote employees discipline through performance based incentives. It creates healthy and friendly working environment. it places the right people in the right post at the right time tat provides moral support.
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