Here is the synopsis of our sample research paper on The Importance of Resourcing and Reward in the HRM Function. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 12 page paper looks at the importance of resourcing and reward issues in modern day human resource management. Resource management of employees is discussed first, looking at how the subject has developed, the way it may be observed in modern practices and why it is strategically important. The second section looks at the way rewards, financial and non financial, looking at them in the context of motivation theory, and hwy HR managers need to manage then and ensure fairness in the way that rewards are given. The bibliography cites 1 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEresrew.doc
Buy This Term Paper »
Unformatted sample text from the term paper:
to the human resource department which can play an important strategic role. The modern human resource department can act in a more proactive manner. This may include not only ensuring
that the right employees are hired, but looking at issues such as skills development and management, performance management and motivation. Two of the key elements which are interactive with many
areas of business are the way in which resourcing and the reward function take place within the HRM function. Looking at a definition of HRM it
becomes apparent that these areas of consideration are two of the key functions. Price (2001) defines HRM as "A philosophy of people management based on the belief that human resources
are uniquely important to sustained business success. An organization gains competitive advantage by using its people effectively, drawing on their expertise and ingenuity to meet clearly defined objective. HRM is
aimed at recruiting capable, flexible and committed people, managing and rewarding their performance and developing key competencies". Both resource issues and reward are directly referred to within the definition. These
are subject, which when studies, may be seen to impact not only across the entire HRM field, but across the entire business. To appreciate this each subject may be considered
in turn. Resourcing may be seen as making sure that the right resources are available when needed, that they are in
the right place and the right time, and that they are used in the most effective manner. The concept of ensuring the right resources agree in place is not new.
It may be argued that the strategic use of human resources can be seen during the foundation of scientific management and the studies of Frederick Winslow Taylor. Taylor was perfectionist
...