HRM (Human Resource Management): Tips for Doing HR Management

How is your company's HRM? When used in this way, the term may even sound strange, but the question is central to understanding the Human Resources Management strategies adopted in your business. 

If you believe that you can evolve in your HR actions, stay with us. Throughout this article, we will see better the meaning of the acronym HRM and its importance in the corporate universe. 

What is HRM (Human Resource Management)?

The acronym HRM is one way of referring to Human Resource Management. Its origin is the English expression “Human Resource Management”. 

In other words, it is nothing more than a series of concepts, techniques, and tools that help managers in the management of a company's human capital. 

And what is HRMS?

When searching for HRM, it is possible that you have also heard of the Human Resource Management Solution, or simply HRMS. 

The term describes a set of software used in companies to manage all those internal functions related to the HR area: employee data, payroll, training, recruitment, and time registration. 

Each of them with their function helps to automate processes and simplify bureaucratic issues. 

What is HRM for?

Human Resources Management plays a central role in any company, regardless of the area of ​​activity: ensuring that professionals have the necessary support to develop their activities with commitment and good results. 

HRM, in turn, is nothing more than the English term to describe this function. In order for this mission to be accomplished, the area takes care of all the processes that involve everything from the selection of a candidate to his promotion to a new position or even dismissal. 

It is also responsible for creating strategies that encourage the permanence of talents in the company and career development. 

HRM benefits for companies

When HRM is developed strategically and efficiently, the benefits appear. See some of them:

• Tighter hires
• Turnover rate reduction
• Increased employee satisfaction
• Increase in productivity
• Development of a solid organizational culture
• Attracting new talent
• Improved communication between company and employees
• Achieving goals.

HRM best practices

After understanding why it is necessary to invest in HRM, the question remains: how to make efficient Human Resource Management a reality? A strategic HR is one that participates and collaborates with the crucial decisions for the company. 

It is carried out by a team that knows the market and knows that it needs to act as a partner for internal customers, which generates value by offering customized solutions. 

Participation, dynamism, and knowledge are keywords for this to be possible, but they are not enough. Therefore, we have separated four practices that cannot be ignored to build a successful HRM. Check out!

1. Bet on the practice of feedbacks

Feedback to employees about the work performed and receiving impressions about the company itself is a type of practice that strengthens communication and encourages the development of more efficient strategies. 

So, even on the run, be sure to set aside time so that the HR team can be involved with feedback. 

2. Use technology to your advantage

At the beginning of the article, we talked about how HRMS can facilitate processes, right? Know that technology and its ability to offer accurate data is one of the main bets for the development of the Human Resources area. 

After all, there is no reason to leave strategy aside and spend unnecessary time on carrying out operational activities if they can be automated. Have you thought about it?

3. Establish performance indicators 

Without clear goals, it is difficult to measure the progress achieved. Therefore, be sure to define indicators that help measure performance and understand how the sector is evolving in relation to the objectives. 

For example, one way to evaluate the recruitment and selection processes is based on the turnover rate, which shows the average rate of employees leaving in relation to the number of employees of the company in a specific period.

4. Understand the needs of the employee

A successful HR manager knows that the employee's daily experience is decisive for the job he will deliver. Therefore, it is concerned with showing that the company thinks about the well-being of its professionals and shows this through actions. 

It can be as simple as delivering a treat on your birthday or even offering a benefit that guarantees more tranquility for the future, as is the case with corporate private pension plans. 

It works like this: a percentage of the salary is deducted from the payroll and applied to a fund on behalf of the employee. For each R $ 1.00 discount, the company may choose to deposit an additional R $ 1.00 - the so-called “match”. 

The main advantage for the company is that the benefit can cost 40% less than the same amount when paid as a salary.