Human Resource Management's main objective is to guarantee that a business has a skilled and willing staff. The following are some of the specific goals:
1. Human capital: Supporting the business in acquiring the appropriate number and types of personnel in order to achieve its strategic and operational objectives.
2. Creating a positive work environment: Assisting in the creation of an environment in which employees are encouraged to develop and apply their skills to the maximum extent possible, as well as to efficiently utilise the workforce's skills and abilities.
3. By creating effective work designs, offering appropriate orientation, training, and development, providing performance-related feedback, and maintaining efficient two-way communication, you can help sustain performance standards and enhance productivity.
4. Assisting in the establishment and maintenance of a positive employer-employee relationship.
5. Assisting in the creation and maintenance of a safe and healthy workplace.
6. Creating programmes to fulfil employees' economic, psychological, and social requirements, as well as assisting the company in retaining productive people.
7. Assuring that the organisation complies with all applicable provincial/territorial and federal workplace regulations to assist the business in achieving its objectives.
8. To deliver well-trained and motivated personnel to the organisation.
9. To improve employee happiness and self-actualization.
10. To improve and maintain the quality of one's working environment.
11. Ensure that all employees are aware of HR regulations.
12. To assist in the upkeep of ethical policies and conduct.
The above-mentioned HRM goals can be broken down into four categories:
1. Social Objectives
2. Organisational Objectives
3. Functional Objectives
4. People Objectives
1. Societal Objectives: Ensure that the organisation becomes socially accountable to society's needs and difficulties while limiting the detrimental impact of such expectations on the company. Organizations that fail to use their resources ethically for the good of society may face restrictions.
2. Organizational Objectives: It acknowledges the importance of human resource management in achieving organisational success. It ensures that HRM is not really a stand-alone department, but a tool to help the company achieve its main goals. HR exists to assist the rest of the company.
3. Functional Objectives: To keep the department's contributions at a level that meets the demands of the organisation. Human resources must be modified to meet the needs of the company. The value of the department should not become too high at the expense of the organisation it serves.
4. People Objectives: It is to support workers in attaining their own objectives, at least to the extent that these goals increase the individual's contribution to the business. If employees are to be kept, engaged, and motivated, they must achieve their personal goals. Employee happiness and performance may suffer as a result, resulting in employee turnover.