Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Managed HR – the Emerging Concept

By Sandip Subscribe to RSS | April 29th 2012 | Views:
loading
 
  



A rather modern management term, human resource was first coined in the 1960s. These days, human resource management plays an important and pivotal role in the growth and progress of an organization. Almost every company are now enrolling and executing human resource programs to manage their administration tasks including recruitment, payroll, and human recourse development functions. Though the term human resource management has nothing to do with the logical or ethical development of human spirit, it addresses to various business needs by increasing the worth of individual human resource. Also, HR management systems help companies to meet their need of eligible candidates. Some HR programs are specially drafted to engage the employees with their individual companies.

There are many companies focusing on the development of their human capital. The bottom line of most of these companies is to develop their business by increasing the human effort. In fact, efficient utilization of human resource alone can help an organization to achieve its business objectives. The following factors can help an organization to utilize its human resource management system efficiently:

Aligning the human resource of the organization to its business objectives

Measuring the performance of human resource at a regular interval

Maintaining an atmosphere of harmony and performance innovativeness

Articulating the roles of each employee clearly and explaining the expectations of the organization

Identifying the skill set gaps of each employee and bridge them through HR trainings and other learning measures

In addition, the organization needs to manage its day-to- day HR management process such as recruitment process, compensation and benefit administration, induction attendance, and leave management. This process, however, involves a lot of paperwork, which in turn is a major issue for small and mid-sized companies. Small companies with limited resource need to spend a large amount of time and effort to deal with employee paperwork and other aspects of HR management. As a result, many organizations are now opting for managed HR services where they outsource their HR-related jobs to a company specializing in providing HR supports.

Why Managed HR

One simple reason why more number of organizations is opting for managed HR services is to enhance its efficiency. It is not possible for an organization, mainly focused on growth, to concentrate on managing its human resource effectively. This is especially applicable for small businesses with no HR department. There are many reasons for this, including lack of time to focus on HR management; unaware of human resource practices; lack of quality HR managers, and unaware of the advantages of implementing HR practices. All these, and the apprehension of the cost of setting up HR practices encourage many organizations to opt for managed HR services. In addition, there are many benefits of managed HR service.

Benefits of Managed HR:

Increase focus on core activities of the organization

Avail HR expertise at an affordable price

Improve productivity with prime focus on core business

Professional HR approach

Saving management time on non core issues

Increased employee retention

Transparency within the organization 

At Kranium, we believe in developing and nurturing of employees to give your business a competitive edge, building opportunities for every individual. With our seven years of experience in HR management space, we offer competency-driven HR solutions to help springboard your organization’s growth. Our latest and innovative techniques provide high quality HR management system that fit the changing needs of industry.

Sandip - About Author:
Diya Sharma is an expert author about Human Resource Services, Managed HR Services and Performance Management Systems

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/management-articles/managed-hr-the-emerging-concept.htm

Related Management Articles Subscribe to RSS

A win-win situation for both an organisation as well as debt management companies by hiring a debt collector agency.
Published by Gabi William on March 27th 2012 | Business
We do all the hard work for you and approach each case very seriously - no matter what the size....
 
Building management services- Setting up new relations
Published by Julia Roger on May 9th 2012 | Business
The owners corporation management services are taxed on profits and are permitted deductions for sal...
 
Spend analytics and Supplier relationship management at times of uncertainties
Published by Glenn Farrier on March 7th 2012 | Business
With globalization, businesses are spreading their presence all across the globe. This also brings w...
 
Off-site records management is always a more secure option
Published by Nancy Deholla on January 13th 2012 | Business
Document and records management provided by an external source is the most secure option for busines...
 
Commercial strata management and its profits
Published by Chris Whelan on March 8th 2012 | Management
If you want to invest your money in strata title management, then adding commercial strata managemen...
 
Agile project management training: for change
Published by Gnan Sunder on March 22nd 2012 | Management
APMG Agile project management certification available in over 20 venues nationwide both onsite and c...
 
The Importance of Letting agents and Residential property management Dublin
Published by Leslie Hoffman on January 14th 2012 | Business
Hiring experienced letting agents and residential property management Dublin is extremely important ...
 
Arizona property management company excels in offering high standard services within reasonable price
Published by Rajeevdubey on June 20th 2012 | Management
Properties matters should be handled wisely. Be it related to renting your home or sell/purchase of ...
 
Record management services - for bigger office space
Published by Jon Smith on March 21st 2012 | Management
Online records management is a new concept and technology that helps to upload and store your data s...
 
Strata management solution and benefits
Published by Chris Whelan on February 29th 2012 | Business
Previously people didn’t face such difficulties during dividing their property or acquiring their ...
 
Handle all aspects of property with Dallas property management companies
Published by James Blee on June 9th 2012 | Business
Dallas property management companies are one of the reputed names in handling all aspects of propert...
 
Supplier relationship management
Published by Will K Stewart on June 7th 2012 | Management
Any time a group 's developing freight available for reselling, sustaining an attractive business ro...
 
Business management with the help of a pr firm
Published by Canberra Marketing on December 4th 2011 | Management
A Public relations firm can become an exceptionally priceless asset when it comes to the often compl...
 
Efficient ship management - the biggest need of shipping business
Published by Saurabh Pandey on December 3rd 2011 | Business
If you are the owner of a ship then you might be looking for someone who can manage it so that you g...
 
Running qualified bestow info to realize unaffected cost management schemes
Published by Steve Rolling on December 1st 2011 | Management
While a great many agencies pass by the existing hypothesis where 'you be required to spend cash, to...
 
Financial management of a small business
Published by Adam Walker on April 11th 2012 | Business
Small business owners tend to many times think that it is best to do all the work by themselves. Tha...
 
Zodiac Solutions Inc- Making effective management your criteria for growth
Published by Rahul on July 24th 2012 | Business
To help your organization’s success stay constant even in the times of economic slowdown, there ar...
 
Advantage of Joomla for a content management system
Published by Roney on February 7th 2012 | Business
Joomla hosting allows users to keep track of each part of the website content users are more or less...
 
Outsource stock management and order fulfillment to make your work easier
Published by Diego Hall on December 15th 2011 | Business
A business has many parts and taking car of each part single handedly is impossible, hence outsource...
 
Mentoring skills: How do young people deal with management roles?
Published by Becky on March 22nd 2012 | Management
Many of us are used to senior staff and managers to be older than us; the older you are, the more ex...