Human Resource Management Research Paper Example | Topics and Well Written Essays - 2500 words

Human Resource Management - Research Paper Example These human resources management decisions are aimed at maximizing the return on investment from organization’s human capital. Human resource management also entails conducting its various practices e.g. recruitment, promotion and compensations in a fair, legal and consistent manner. In this way therefore, human resource management is more than personnel administrations since it needs planning, resources and management skills The modern human resource management analysis perceives human being as valuable assets or resource of an organization. However, the human beings are taken as rational, creative and social beings which differentiate them from other assets. The human resource which is mostly referred as human capital, therefore, proper management to increase their productivity and reduce risk and losses associated with poor management of human capital. (Claydon, Beardwell, et al 2007). At this point therefore, human resource management entails research and development in order to make informed decisions. This make the human resource to be perceived more than labor force which has been taken as an organization resource by economist. Some of the challenged and environmental forces that are considered by human resource managers before making decisions include market labor wages, working conditions, work place diversity and human skills. The human resource managers must also ensure that decisions made com ply with labor laws in order to keep a good image of the organization. In order to analyze the human resource management position in the organization management units, it is necessary to analyze the various practices and activities of human resource management. Human resource management involves human resource development which is achieved through job analysis. This is done by identifying level of skills, abilities, competences and