Function and importance of personnel management

Function and importance of personnel management:

The function of personnel management:

Personnel management performs the following functions to discharge its responsibilities properly. https://bdfabric.com/personnel-management-and-human-relations/

1. Relationship development:

Personnel management builds a good relationship between workers and management.

2. Increase productivity:

Personnel management increases productivity by maintaining peace and order among workers.

3. Establishing peace in the industry:

An important function of personnel management is to maintain social order by maintaining peace and order in the industry.

4. Maintaining social order:

By maintaining industrial peace and order, the personnel management manages to maintain social order.

5. Reducing labor rotation:

The function of personnel management. Reduces labor turbulence by providing improved facilities in labor-management organizations.

6. Manpower Development:

The management authorities undertake various programs to improve the skills of the workers of the organization.

7. Creating a better work environment:

Creating a better working environment by emphasizing the demands of workers is another important task of personnel management.

In conclusion, through the performance of the above functions, the management of workers seeks to achieve the institutional objectives.

Importance of personnel management:

Function and importance of personnel management. Where people are working for wages or where a goal needs to be achieved by working for others, the relationship of personnel management is crucial.

The importance of personnel management is discussed below:

1. Industrial peace:

Good personnel management reduces industrial protests, strikes, conflicts, chaos, and legal interference. As a result, industrial peace prevailed in the organization. Industrial peace is essential for uninterrupted production.

2. Industrial development:

Industrial peace is essential for industrial development. This creates a cordial relationship between the workers and the management, creates an atmosphere of unionism, and helps both sides in the development process.

3. Increase production:

Good worker-employee relationships help build a hassle-free production system. Industrial relations in particular contribute to increasing productivity, reducing waste, and achieving the economy.

4. Protecting worker environment:

Sustainable labor enhances worker relations, friendship, and harmony between workers and management. Both strive to maintain a low rate of labor opposition.

5. Increase employee satisfaction:

Good labor brings loyalty instead of rebellion by reducing disagreements between workers and management. This improves interpersonal relationships and increases productivity.

6. Economic development:

Industry plays a valuable role in maintaining social peace and political stability, which is a prerequisite for economic development.

7. Maintain balance:

Industrial relations encourage workers and management in the collective bargaining process. This balances the power of both.

8. Opportunities to increase cooperation:

Contributes to the development of industrial relations, labor-workers, labor-management, trade unions, and the interrelationships between management and government. This reduces industrial conflict.

 9. Durability of the organization:

Improved labor relations, maintains peace in the industry. As a result, the absence of staff and the rate of arrival and departure are reduced. This improves the quantity and quality of production. As a result, it is easier to survive in competition.

10. Opportunities to increase profits and wages:

Good worker-employee relationships help increase productivity. Increasing production increases the financial viability of the organization. This increases the wages and other benefits of the workers.