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 21st century, they need to have highly experienced compassionate neat to provide them with a competitive edge. The management of human resources (HR) is then a key driver in todays successful firms. It is the fictional character of the firms HR that allows the firm to stand up against its competitors, and to ca-ca a difference in providing better customer service, or in developing better products and services. Hence, it is extremely important that firms function their human resource management (HRM) practices to enhance their employees levels of organisational commitment and labor propitiation in order to retain high do 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 indoors their employees. Thus, firms have to take steps to ensure that their HRM prac tices add rosy 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, substantiation 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 mystical down a firm.

Thus, the purpose of this exploratory study was to rate managerial perceptions of the extent to which HRM practices contributed to their firms objectives. Literature Review What is an HRM Audit?To assist HR departments understand the con tributions of the HRM practices in their fir! ms, HR professionals need to calculate 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 for each one HR function are accomplished, as well as the dynamics involved in carrying out the... If you want to notice a full essay, order it on our website: OrderCustomPaper.com

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