Human resources are one of the most critical departments in any company. The department looks after various operations, from recruiting the best talent to interviewing and training them for the role. Small and medium-sized businesses often have smaller HR departments and a scope limited to hiring employees. But to ensure the optimum productivity and best returns on the investment, companies must ensure the employees are trained and upskilled to give their best for the company.
Unlike small to mid-sized companies, larger enterprises are keen to have dedicated resources to manage employee processes and develop their skills to make the workforce more productive and efficient. Thriving businesses have distinct responsibilities when it comes to managing employees and training them to develop new skills. These are HRM (Human Resources Management) and HRD (Human Resources Development), and both functions collaboratively. This post will discuss the relationship between an organization's HRM and HRD functions.
What is Human Resources Development (HRD)?
A company's success is highly dependent on the productivity of its employees. Many companies often overwork their employees, which might get the job done at the end of the day, but it severely affects the workforce. Employees who are forced to overwork often leave for another company that recognizes and acknowledges their work and doesn't exploit them for work. This was the reality a few years back when the companies didn't care about employees' opinions and well-being. But things are changing now. Those days are gone when the employees didn't have any options other than stick to the company that hired them. Today companies are spending more resourcing on hiring top talent and offering handsome salaries, incentives, and benefits to attract them.
The traditional HR processes are limited to only scouting for talent and taking them through the onboarding process. Once hired, they have a negligible communication connection with the talent. This lack of attention and communication leads to a significant void for improvement that can be filled with training and skill development programs. This is when Human Resources Development comes into the picture.
As mentioned earlier, large and growing companies are attentive to their employee's needs. They are all ears regarding their employees' suggestions, opinions, and issues. They also offer various platforms and tools to report problems, share the latest information and updates and reward the employees that perform well and deliver results. It creates transparency in the workforce and helps the company to identify underlying issues, solve them and improve productivity.
HRD has distinct roles beyond baseline HR functions, such as recruiting talent. These individuals or teams focus more on employee wellbeing, training, wellness, benefits planning, and skill development. The HRD also involves improving individual employee performance.
Functions of Human Resources Development
The scope of human resources development goes beyond the traditional responsibilities of HR management. Here are the standard functions of HR development teams:
Strategic talent sourcing and acquisition
Company success largely depends on the quality of its talent. Therefore, hiring the best talent is of the utmost importance to any company to ensure it reaches its business goals and skyrockets its profits. This massive responsibility is laid on the shoulders of HRD teams. Human resources development teams have different criteria to determine the best candidate for the roles. Apart from assessing the candidates based on their education and experience, they are also evaluated based on what value they bring to the company, whether they are a good fit for the work culture, and how they will contribute to improving productivity and output.
An ideal candidate may not have the most years of experience or the necessary qualifications, but they can be an excellent fit for the work culture and team morale. These non-traditional traits help the HRD team to assess a well-rounded personality with confidence, good communication skills, and vision rather than someone with good grades. The HRD team devises various strategies to ensure they find the right talent that checks all the boxes. They also improve their existing hiring process to identify and eliminate loopholes.
Education-focused employee benefits
Human beings start learning from the day they are born till the day they draw their last breath. Therefore, a thriving company with an HRD team believes in continuous learning. Contrary to many companies that do not take constructive steps to improve their workforce, companies with HRD teams help their employees to learn further and groom themselves. The HRD department helps employees to take further education in their field, allowing them to gain more knowledge, hone their skills, and be more productive.
The HRD encourages offering education-oriented benefits to employees that will smooth their further educational journey. They can offer to pay the entire or a part of their tuition fees for further education and host workshops and seminars to help the employees learn more about their industry. Investing in employee learning allows companies to improve efficiency, productivity, and employee loyalty.
Performance Measurement and management
It's essential to measure the performance to determine the strategy's effectiveness. Therefore, the HRD has performance measurement and management at its core. Not every employee will be able to join the learning programs or upskills themselves as they feel they don't need it. But measuring the performance will help to find the problem areas and score for improvements. The HRD team devices measure individual performance, find problem areas, and help them overcome them with necessary tools and solutions. They also set the relevant KPIs to accurately measure the performance and take steps required to find intelligence from the findings.
Internal mobility and succession planning
One of the major problems many companies face is they struggle to find the right fit for the role and capabilities. Employees often underperform when not assigned to the proper role where their skills and expertise will be best utilized. An ideal HRD program involves internal mobility to move the candidate from existing roles to more relevant roles where they can perform better succession planning ensures the training of the employees with the right soft and hard skills to make them more suitable for succession.
Human resources development is an effective strategy that overcomes the challenges of human resources management and expands its scope from just hiring the employees. The HRD program ensures that each employee is assessed individually for their strengths and weaknesses to discover growth opportunities. This way the company will have a competent and reliable workforce that will lead the company toward success.
Don't let the limited scope of HR management hinder your growth and keep your company away from business goals. Invest in the necessary tools, strategies, and programs to attract, manage and upskill the best talent and retain them. Talk with Teamnest's Human Resources Development Expert @ +91 913-786-6322 or email at sales@teamnest.com.
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