This involves keeping and motivating employees to stay with the organization.

Human Resources isn't a thing we do. It's the thing that runs our business."

- Steve Wynn

How do businesses motivate employees and cultivate their work culture? How can businesses ensure that all employees are coordinated? The answer to these questions revolves around setting human resource objectives. Setting human resource objectives is essential for businesses as they help them increase their overall performance.

Human resource management (HRM) is the administration of human resources. It mainly denotes managing employees and recognising their needs to maintain an optimistic work culture.

Human resource objectives definition

Most businesses set human resource objectives.

Human resource objectives are goals the business aims to achieve through its human resource department.

There are various benefits of setting human resource objectives, including:

  • Higher employee engagement,

  • Lower employee turnover,

  • Higher employee retention,

  • Compliance.

Human resource objectives examples

Now that we understand the value of human resource objectives let's take a look at some more specific examples of the types of objectives human resource managers may set.

  1. Employee engagement - The HR department may want to set objectives for increasing employee engagement to make sure employees are motivated to work hard at all times, as this increases the organisation's productivity.

  2. Training - HR managers may want to prepare extensive training programmes to ensure that employees are updated with the latest information and technical skills they need for doing the best they can in their roles. By developing the workforce's skills, the overall efficiency and productivity of the organisation are likely to improve.

  3. Diversity - The HR department may want to set diversity goals to ensure that all employees are heard, represented, and respected in the organisation.

Main objectives of human resource management

The main objectives are as follows:

Accomplishing organisational goals

One of the main aims is to fulfil the company’s goals. For an effective and efficient HRM, it is important to utilize human resources to accomplish the company’s requirements and objectives. In order to be successful in achieving organizational objectives, HR needs an efficient plan and implementation.

Work culture

When it is about managing human resources efficiently and following goals, employees and the environment in which they work are important factors. The HR managers must be active in creating strategies to facilitate enhanced work culture.

Training and development

With effective training and offering future opportunities, employees are more organized and they feel comfortable and safe. Effective employment is greatly associated with training practices. Therefore, offering such opportunities will be a good step for the management of the workforce.

Employee motivation

A major aim of HR is to keep things in the correct direction and keep diversions and negativity away. In order for this to happen the employees must be encouraged and motivated the whole time.

Empowering employees

In order to motivate employees, there is nothing better than workforce empowerment. This can be done with the help of tools such as a portal of employee self-service that will also save HR efforts also.

Team coordination

Another main objective of Human Resource Management is to ensure efficient team integration. Human resources should provide a tool that facilitates easier communication and makes coordination smoother.

Objectives and functions of human resource management

One of the functions of human resource management includes setting acquisition objectives. Acquisition involves the hiring of individuals to help a company achieve its goals. It comprises the activities from HR planning to placement.

HR planning

The objective is to plan for a suitable HR policy in the company and attempt to formulate it.

Recruiting

The objective is to attract, hire and retain skilled individuals and it is the most fundamental function of human resources. There are numerous components such as creating job descriptions, interviewing people, making offers, and negotiating salaries.

Selecting the most efficient individuals

Another most significant objective is to acquire efficient employees from various sources. Not just that, selecting human resources is also a vital element of HRM.

Orientation

This is a preliminary step in the process of new employee integration. The main objectives are:

  • To win employee commitment

  • Lower the anxiety level

  • Support in understanding the expectation of the company

  • And communicate what he/she anticipates from the job and the company.

Placement

The objective here is to properly guide the employee so that he/she is motivated to perform their tasks.

This involves keeping and motivating employees to stay with the organization.
HR Acquisition objectives, StudySmarter

Functional objectives of human resource management

A functional objective is to uphold the contribution of different departments that are meant to support the organization to achieve its objectives. A well-developed business will distribute its activities in various business functions such as:

  • Finance

  • Sales and marketing

  • Administration

  • Operations

  • Production

  • HRM

While every functional area needs special expertise, their activities are not working in isolation. It is important to recognize how the activities of these functional areas are linked with each other. Nonetheless, each functional area's goals should be aligned with overall corporate objectives.

Human Resource Objectives - Key takeaways

  • Human resource management is the administration of human resources.

  • Human resource management mainly denotes managing employees and recognizing their needs to maintain an optimistic work culture.

  • Some of the objectives of HRM include accomplishing organizational goals, work culture, training and development, employee motivation, empowering employees, and team coordination.

  • Objectives of HR acquisition are planning, recruiting, selecting the most efficient individuals, orientation, and placement.

  • A functional objective is to uphold the contribution of different departments to support the organization in achieving its objectives.

  • It is important to recognize how the activities of the functional areas are linked with each other.

Which is deals with employees and management in an organisation?

Human resources (HR) refers to any activity within a business, company, or organization used to deal with the management of its employees.

Which term refers to the number of employees who leave a company in a particular period of time?

Employee churn is the overall turnover in an organization's staff as existing employees leave and new ones are hired. The churn rate is usually calculated as the percentage of employees leaving the company over some specified time period. Although some staff turnover is inevitable, a high rate of churn is costly.

What are the 4 types of HR?

Some common types of human resources specialities.
Human Resources Assistant. The primary duty of a Human Resources Assistant is to assist HR managers and directors with various administrative tasks. ... .
Employment Specialist. ... .
Human Resources Generalist. ... .
Human Resources Manager..

What HRM means?

Human resource management is the strategic approach to nurturing and supporting employees and ensuring a positive workplace environment. Its functions vary across different businesses and industries, but typically include recruitment, compensation and benefits, training and development, and employee relations.