Human Resource Management (HRM) is a planned approach to managing people effectively for performance. It aims to establish a more open, flexible and caring management style so that staff will be motivated, developed and managed in a way that they can give of their best to support departments missions.
Good HRM practices are instrumental in helping achieve departmental objectives and enhance productivity. Nowadays, companies in Hong Kong are investing more money on human research resource, analyst or hiring human resource consultant to find the right people for the job position.
Therefore, Job analyst, specification and selection of people become an important part in the hiring cycle. Moreover, these are now become a vital stage of company development and enhancement.
2 Executive Summary
Human resource management can be separated into different categories: Job analysis, job design, recruitment & selection, and career & succession planning.
Over an over, hiring become a strategic analysis in which the overall strategy (growth, consolidation, diversification, etc), key human resources needed to achieve strategy & workforce characteristics and behaviors required of key human resources are planed & discussed ahead of time.
In this report, we will discuss the different stages of hiring a new staff on board and how to make the right choice of getting the right person on-board. We will also look at how strategic human resource manager could provide useful to the board of management as to maximize company efficiency and profitability.
3 Attracting the right person
From a manager stand point, hiring is not just about finding a candidate to ill in the job vacancies, but also about how to help company to find the best person to join. As a result, this is a process to increase team efficiency & hence become more productive and leads higher profitability. In fact,