A Managerial Perspective of the Objectives of HRM Practices in Singapore: An Exploratory Study

IntroductionFor Singapore firms to survive past this economic crisis to succeed into the ordinal century, they need to have highly trained compassionate good to provide them with a competitive edge. The management of human resources (HR) is therefore a key driver in todays successful firms. It is the put on character of the firms HR that allows the firm to stand up against its competitors, and to retrace a difference in providing better customer service, or in developing better products and services. Hence, it is extremely important that firms fancy their human resource management (HRM) practices to enhance their employees levels of organisational commitment and logical argument propitiation in order to retain high acting employees in an increasingly global labour market for skilled employees. This is because the familiarity capital of a firm that enables it to be different and innovative, resides at bottom their employees. Thus, firms have to take steps to ensure th at their HRM practices add starry-eyed value to their firms. This requires HR professionals to design and develop HRM practices that contribute to the objectives of their organisations. To this end, onus Consultants administered a Human Resource Management Audit (Short Version)TM to a sample of managers in Singapore. The HRM audit was used to measure the HRM practices mysterious down a firm. Thus, the purpose of this exploratory study was to appraise managerial perceptions of the extent to which HRM practices contributed to their firms objectives. Literature Review What is an HRM Audit?To table service HR departments understand the contributions of the HRM practices in their firms, HR professionals need to study a self-diagnosis of what it is that their HRM activities can achieve for their organisations. This activity involves understanding and evaluating how the responsibilities for from each one HR function are accomplished, as well as the dynamics involved in carrying o ut the... ! If you want to tolerate a full essay, order it on our website: OrderCustomPaper.com

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