Human resource development is the process of preparing more skillful and competent people to cater to the present and future needs of the organization. The concept of Human Resource Development is helpful for both, employee and the employer. It helps employees to enhance their skill set whereas helps companies to get more talented individuals. Let us discuss the goals of HRD(Human Resource Development) now.
Goals of HRD
Resource planning
Having the right person for the job at the right time is crucial for any organization. Resource planning is the process to ensure that.
Recruitment and selection
Recruitment and selection processes are there to ensure that we get the right talent along with the right attitude. Well, there is no right or wrong attitude in general. By the right attitude here, we mean, the attitude which matches with company’s work culture.
Training and development
This is for retaining the employees while enhancing their skill set to benefit both, the organization and the employee. A trained workforce translates into better productivity thus more profit.
Performance appraisal
This is a feedback process. Employee’s performance is evaluated on the basis of different factors and he/she is provided with the feedback along with the suggestions for improvements. If someone does not improve with time, the organization may fire him/her.
Remuneration
This is a process of making sure if the employees are getting paid well. By paid well, we mean they are getting their salary and wages according to industry standards. Also, this process keeps a check if the given amount is being justified in the performance of the employee or not. If the performance is on a higher side, additional perks may be allocated while for lower side performances, there may be some deductions.
Motivation
Motivation is again a crucial factor when it comes to managing humans. We often tend to lose track and need some external push. This is the process to ensure that the external push is given on time and in a proper way.
Overall well being of the workforce
Human Resource Development tries to ensure the physical and mental well being of the employee. It also tries to touch the social life of the employees by giving them more opportunities to engage and interact in internal, external, formal or informal groups. A physically fit and mentally strong person, with the right skill and mindset, is a highly valuable resource for any organization.