MODERNIZED HR FUNCTIONS & BEST PRACTICES IMPACTS TO EMPLOYEE & ORGNATIZATION PERFORMANCES

  What are Human Resources Best Practices? Practices in human resource management (HRM) are now more widely acknowledged as a framework for attaining long-term competitive success, especially for businesses competing in difficult and quickly changing international markets (Cascio & Bailey, 1995; Florowski & Schuler, 1994; Pfeffer, 1994). Despite that the term "HR best practices" refers to a group of procedures and methods that have been demonstrated via research and practical application to improve corporate performance. These are internal rules that a corporation sets to standardize processes and achieve the best outcomes possible across all business domains (HR et al., 2022).  In this article we are going to look at what are most appropriate HR Best Practices will impact for employee and organizational performances in current 5th Industrial Revolution.  According to article written by (Vulpen, 2022) there are 7 best practices applicable for the current global co...

Modernizing the Function of HRM People are what give a company its functionality. As a result, it's important to find, select, and retained qualified staff (Laumer et al. 2010). The human resource management (HRM) divisions of organizations oversee all workforce-related concerns, such as employee performance, training, recruitment, staffing, and payments (Stolt 2010). Stolt (2010) HRM is a strategy for proactively managing the most precious asset of an organization—the person who, individually or collectively, contributes to its success. In the past, HRM has been essential to raising an organization's performance. According to Opatha (1995), HRM is the efficient and effective use of HRs to accomplish an organization’s goals. There is a strong correlation between organizational effectiveness and HRM. Throughout the past few decades, technological advancements have led to innovative commercial developments. Technology has also changed how HR professionals interact...