hosted by liquidweb


Go Back   Web Hosting Talk : Other Forums : Web Hosting Lounge : How can effective Human Resource Management contribute to the Revenue of the company?
Reply

Forum Jump

How can effective Human Resource Management contribute to the Revenue of the company?

Reply Post New Thread In Web Hosting Lounge Subscription
 
Send news tip View All Posts Thread Tools Search this Thread Display Modes
  #1  
Old 01-02-2005, 07:25 AM
tradertt tradertt is offline
Newbie
 
Join Date: Nov 2002
Posts: 24

How can effective Human Resource Management contribute to the Revenue of the company?


Hi

Does anyone have any related articles on this?

How HRM will benefit a company in term of cost and revenue?

Thanks for any help.



Sponsored Links
  #2  
Old 01-02-2005, 08:00 AM
RajanUrs RajanUrs is offline
working on it
 
Join Date: Nov 2002
Location: paradise
Posts: 6,165
I think basically its a matter of hiring better people, less number of people, getting more work from them and acquiring them by spending least amount.

Ofcourse you have to do a balancing act so the result is maximised from the HR management exercise from a point of generating profits, building loyalty in the workers, and getting the most out of them.

I am no expert on this & maybe there are more points I am not aware of.

  #3  
Old 01-02-2005, 09:14 AM
Burhan Burhan is offline
Community Guide
 
Join Date: Jul 2003
Location: Kuwait
Posts: 5,099
To an organization, employees are a resource that they need to manage -- just like anything else.

Human resources management reduces costs by streamlining costs related to employee management. For example, the costs of integrating a new employee (one of the most expensive parts of hiring) can be streamlined by well defined HR policies and procedures.

The human resources department can put together an "employee welcome" package that includes all the necessary documentation and procedures "Who do I see about getting my network password?" etc. This will reduce the time it takes for the employee to be productive.

Also, human resources involves other things -- such as benefits management, legal procedures, training and development, etc. etc. All these lead to more productive workers (if I don't have to go outside to a lawyer's office to find out what my contract says, or how to figure out my benefits -- then I can use that time to work).

__________________
In order to understand recursion, one must first understand recursion.
If you feel like it, you can read my blog
Signal > Noise

Sponsored Links
  #4  
Old 01-02-2005, 09:28 AM
tradertt tradertt is offline
Newbie
 
Join Date: Nov 2002
Posts: 24
Thank you. It would be great if anyone else has any more ideas or articles I can read up on this topic

  #5  
Old 01-02-2005, 10:10 AM
RajanUrs RajanUrs is offline
working on it
 
Join Date: Nov 2002
Location: paradise
Posts: 6,165
Google is your best friend.

Make an advanced search with .edu and .org only for Human Resource Management in the search field and you might find a lot of useful stuff from some university or organisation.

You can also enter other related search words like how you have described : How Human Resource Management will benefit a company in term of cost and revenue?

  #6  
Old 01-02-2005, 10:43 AM
runesolutions runesolutions is offline
Aspiring Evangelist
 
Join Date: Apr 2002
Location: UK
Posts: 429
The single most important thing to remember about human resources is that they're human. Yes, they are a 'resource' and, as such, they have some of the same costs associated with them as any other resource (costs of acquisition, maintenance etc.), but because they're human they need motivation.

People only ever do what they're motivated to do. Motivation can come from many different sources - money, job satisfaction, fear, pride etc. - but the best long-term employees will be the ones with the greatest motivation.

Positive motivation works best too. Negative motivation can work (i.e. do this or you're sacked!) but generally you're unlikely to get as good a return as when you use positive motivation.

You can (and many companies do) run a workforce without any attention to motivation and companies will often still be successful, but one wonders how much more successful they'd be with a highly motivated work force. It's sometimes the way to get that extra 10%.

__________________
Regards, Gordon.
Rune Solutions: Fast, Efficient Remote Backup Service.

  #7  
Old 01-02-2005, 02:08 PM
tradertt tradertt is offline
Newbie
 
Join Date: Nov 2002
Posts: 24
Thanks guys but how would ineffective HRM increase the cost of a company?

Reply

Related posts from TheWhir.com
Title Type Date Posted
New Rackspace Policy Encourages Employees to Contribute to Any Open Source Project Web Hosting News 2014-02-10 10:48:59
Microsoft Cloud Chief Satya Nadella Takes Over as CEO Web Hosting News 2014-02-04 10:17:37
Flexiant Joins EU-Backed Consortium to Develop Cloud Resource Provisioning Software Web Hosting News 2012-11-13 13:47:33
Web Host Online Tech Expands Management Team with New Executives Web Hosting News 2012-10-25 16:49:01
Web Host Immedion Names Director of HR and Administration Web Hosting News 2012-08-16 10:50:33


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Postbit Selector

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off

Forum Jump
Login:
Log in with your username and password
Username:
Password:



Forgot Password?
Advertisement:
Web Hosting News:



 

X

Welcome to WebHostingTalk.com

Create your username to jump into the discussion!

WebHostingTalk.com is the largest, most influentual web hosting community on the Internet. Join us by filling in the form below.


(4 digit year)

Already a member?