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Anne M. Mulcahy, the former head of Xerox Corporation, famously said that “employees are an organisation’s greatest asset. Human resources management is all about taking care of the organisation’s greatest asset: its’ people.”
So what is human resources management exactly? This role can be described simply as using people to improve an organisation’s performance. This involves understanding an employee’s skills, preferences, and even their psychological characteristics. In this article, we’re going to discuss what human resources management involves and why it’s an important skill. We’ll also discuss the benefits of studying human resources management through online study courses.
We're excited to offer students studying Human Resources with the College for Adult Learning either a Associate (Full Fee) or Professional level membership to the AHRI.
As a member, you'll have access to valuable resources to support your studies, be able to join programs and events to help you become job-ready, and attend free member-only networking forums to build your professional network and learn about specialist HR topics. (Terms and Conditions apply)
What is human resources management?
Human resources management is all about working with the people that make up your organisation. The role involves many diverse aspects of managing human resources, including:
Structuring teams: As a human resources manager, you could be involved in structuring teams within the organisation and then assigning employees to those teams based on their roles and strengths.
Building the organisation’s culture: Human resources managers think strategically about an organisation’s culture and how that connects to the business’s goals and brand. They then set out to hire staff who suit this culture.
Engaging employees: Human resources management is not just about hiring, it’s about retaining staff too. In this role, you use appropriate techniques to keep staff engaged and motivated.
Development: Many organisations know that it’s more cost-effective to invest in professional development than it is to hire new staff. A human resources manager is also responsible for training in the organisation.
Why is human resources management an important skill?
Human resources management is an important skill for several reasons. Firstly, they take care of an organisation’s most valuable asset – an extremely important responsibility. Secondly, most organisations need or could benefit from human resources management. Human resources managers are valuable to businesses.
Improve performance: You use techniques and strategies to help staff work efficiently. This could involve assigning them to roles that suit their strengths and interests.
Increase employee satisfaction: Happy employees are efficient employees. You’ll strategise to put employees in roles they find challenging and reward them with adequate salaries and benefits.
Provide training: Professional development doesn’t just make employees better at what they do, it also motivates them and increases job satisfaction. You allocate resources for training and provide staff with opportunities to take courses.
Reduce staff turnover: In keeping staff competent and motivated, you help reduce staff turnover. This saves your organisations a lot of time and money.
Control budgets: Your role as a human resources manager involves budgeting for hiring, onboarding, professional development, and payroll.
Resolve conflicts: Disputes will inevitably arise in any organisation. Your role is to manage these conflicts to reduce negative impacts on employees and the organisation.
The benefits of studying human resources management
So far, we’ve looked at why human resources management is so important and valuable to companies. Now we’re going to take a look at the benefits of a career in human resources management. Taking adult education courses such as the Diploma of Human Resource Management (BSB50320) online could lead you to this rewarding career.
As a professional career, human resources management offers the possibility of career progression. This means that you can always learn more and move into more senior roles with greater responsibility. Naturally, this translates to a rewarding career and an increased salary year-on-year.
4. Career options
Human resources management involves using ‘transferable skills’. These are skills like communication, teamwork, critical and creative thinking and problem-solving, which can be transferred to most professions. Similarly, businesses in all industries require human resources management. By undertaking a qualification in human resources management, you gain the skills and the freedom to change careers when it suits you.
If you want a fulfilling career, human resources management could be the choice for you. You get to perform an interesting and challenging role with room for career progression. You also perform an invaluable role in your organisation and get rewarded for it.
We are proud to announce that from 2022, all CAL graduates of the Diploma of Human Resource Management (BSB50320) will have their qualification accredited by AHRI.
Your Career in Human Resources
Do you want to learn more about HR skills employers demand, emerging job roles and salaries, and recent industry insights?