Four Dimensions Of Human Resources Practice

Introduction

The four dimensions of human resource practice is Managing the human resource environment, Acquiring and preparing the human resource, Assessment & development of human resource and Compensating human resource.

These four practices will help companies to deal competitively with productivity, technology and sustainability which will help in the business organization.

Managing The Human Resource Environment

Managing the human resource environment is important as it will have an impact to businesses and with a healthy working environment and a team of good players with correct work objectives and values will help constitute to a smooth and less stressful environment to work in. Having the right compliances also mean that the organization

The need for forecasting an increase of labour demand with the correct skillset will also apply. And once the organization is firm in hiring, choosing the right candidate with a good personality for the organization is crucial as it will determine how they can contribute to the organization growth. The potential candidate will need to fit in well to the organization and adjust quickly to new working environment and colleagues.

However, when times are bad and organization is not able to support in new hiring, HR department may re-look into their organization chart to reshuffle individuals or re-distribute job scope to their employees. The organization may even decide to impose retrenchment to cut cost. For instance, with reference to a news article, Standard Chartered 's new Chief Executive Bill Winters plans to cut about 1,000 of the bank 's most senior staff to reduce costs and improve its risk management and profitability due to the losses made over the last 3 years. (Channel NewsAsia,

However, upgrading of skillset is an additional plus point for current market.

Especially in the service sector, government has introduced courses such as WSQ Establish relationships for customer confidence for employee’s self-upgrading which will help them in the working environment. (LearningHub, 2015) Leadership trainings and courses for executives and management level are also available from NTUC learning hub at a low fee. Over time, organization needs to groom new blood for the next generation team. When employee’s value adds themselves, productivity will also improve.

In view of managing employee’s performance, we can measure it using their weakness and strength via a method of doing personal review. From there, we are able to identify issues and concerns. In addition, with reference to NTUC training hub, NTUC introduced a programme to help addressed problems through team building team. This learning journey will rectify problems at current workplace and how employees can successfully resolve conflicts. (Ntuclearninghub.com,