Human resources management Essay Example | Topics and Well Written Essays - 2000 words - 3

Human resources management - Essay Example The human resource management team looks after various functions starting from recruiting the right talent to the organization, to their compensation and retention. Moreover, they have to develop the human resource of an organization in such a way that it is able to meet the present and future goals of the organization. Effective HRM practices increases employee productivity as well as financial performance of an organization (Huselid, 1995). Such practices include: Microsoft, an American public multinational corporation, was developed in 1975. It offers a wide range of computing related products and services. Being one of the most successful companies in the world, Microsoft gives a great deal of importance to its human resource. It would be not wrong to say that Microsoft is an employee driven organization and therein lays the key to its success. The vision of Microsoft states that: ‘We recognize that leadership in today’s global marketplace requires that we create a corporate culture and an inclusive business environment where the best and brightest diverse minds—employees with varied perspectives, skills, and experiences--work together to meet global consumer demands.’ Practices: Bill Gates, the driving force behind Microsoft had one simple philosophy while hiring employees for his organization. He wanted extremely intelligent staff for his company and he gave preference to intelligence over experience. Starting from selecting the most-driven employees from the best universities, and taking them through an interview process, Microsoft hired employees who fared well not only in the knowledge department but also had great problem-solving and technical skills. Microsoft also followed the ‘n-1’ policy while hiring employees. According to this policy, the company believed in hiring the right person always rather than just filling a required position. Later, Microsoft also