The Impact of Contemporary HR Practices on Both Organizational and Employee Performance
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 context. These are :
- Providing security to employees
- Selective hiring: Hiring the right people
- Self-managed and effective teams
- Fair and performance-based compensation
- Training in relevant skills
- Creating a flat and egalitarian organization
- Making information easily accessible to those who need it
Conclusion:
My research shows that the use of technology has significantly altered HRM, allowing a change from a reactive to a proactive approach by upgrading conventional HR tasks. This blog offers a summary of seven of the top HR techniques that have developed in the contemporary era.
References :
HR, F., Symonds, C. and Valier, K. (2022) Guide to HR best practices to transform the workplace - factorial, Factorial Blog. Available at:https://factorialhr.com/blog/hr-best-practices/#:~:text=HR%20best%20practices%20are%20a,results%20in%20all%20business%20areas. (Accessed: March 30, 2023).
Pfeffer, J. (1994). Competitive advantage through people. Cambridge, MA: Harvard Business School Press.
Vulpen, E.van (2022) 7 human resource best practices (a mini-guide to HRM), AIHR. Available at: https://www.aihr.com/blog/human-resource-best-practices/ (Accessed: March 30, 2023).
It's great to see an article discussing HR best practices and their impact on both employee and organizational performance. The seven practices mentioned by Vulpen appear to be relevant and important in the current global context.
ReplyDeleteIt will be interesting to see how the author delves into each practice and explores their direct impact on employee and organizational performance. It is also worth noting that the correlation between employee performance and organizational performance is crucial in ensuring sustainability in the business realm.
It is encouraging to see that HR practices have evolved from a reactive to a proactive approach with the use of technology. This article provides a useful summary of HR techniques and can serve as a starting point for businesses looking to improve their HR practices.
I'm glad Hansika for your valuable thoughts.
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ReplyDeleteHi Janaka, Great insights, It helped us understand how important it is for companies to invest in their employees. When your employer values and supports you, it can make a huge difference in how you feel about your job and how well you do it.
ReplyDeleteI expect this blog will offer some great insights in future on how companies can create a happier, more successful, and fulfilling work environment.
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DeleteDear Praveen! Thank you in my upcoming article I will elaborate more about 7 HR Best Practices.
DeleteHi Janaka, I completely agree with your view on HR best practices, which include fair recruitment, clear policies, open communication, training, and balance between work and personal life are crucial for creating a positive and productive workplace. These practices benefit employees' well-being and engagement, while also contributing to the overall success and growth of the organization. Demonstrating a commitment to excellence in the workplace by prioritizing HR best practices fosters a supportive environment for employees to thrive and excel. (Smith, 2019; Johnson, 2020; Brown, 2017; Taylor, 2016).
ReplyDeleteDear Hadhil! Thank you for the value addition for my article with other authors approaches.
DeleteHi, Good start of explaining about HR best practices. Will be interesting to see how author explain about each of them in the next articles .
ReplyDeleteTechnology plays major role in the way the HR practices are being handled now.
Dear Chris! Thank you my upcoming article I will elaborate more about 7 HR Best Practices.
Delete‘When employees fail in their jobs, part of the organisation also fails’ (Cappelli 2008). Employee performance plays a vital role in the success of an organisation. On the other hand, the organisation has a high responsibility to provide all facilities such as training / learning & development programs, job security, occupational health and safety and fair compensation for employees to get the maximum performance as expected.
ReplyDeleteThank you for you keen interest on my article. I will go in details about 7 HR best practices how it's important to employee & organization.
DeleteThank you for your insightful blog post on the impact of contemporary HR practices on employee and organizational performance. It would be interesting to explore some case studies or examples of organizations that have successfully implemented modern HR practices and the impact that it has had on their overall performance. I would like to suggest that for your next blog.
ReplyDeleteThank you for you keen interest on my article. I will go in details about 7 HR best practices how it's important to employee & organization.
DeleteWell-planned article Janaka. I'm interested to see how you explained these 7 HR best practices & how it impacts both employee & business performance.
ReplyDeleteThank you for you keen interest on my article. I will go in details about 7 HR best practices.
DeleteHi Janaka very good article. If employees are satisfied with their respective organization, definitely they willing to work & perform well. HR management can identify the training and development of employees in order to be confident with business strategy. Then the employees will be able to keep their skills updated and come up with valuable and innovative ideas for the business. What do you think about that?
ReplyDeleteHi Kasun! Dear Wishmila, This is an overview about 7 HR best practices impact on employee and organization performances. In my upcoming article I will go in detail about Training in relevant skills impact for employee & organization performances.
DeleteHuman resource best practices are a set of human resource management processes and actions that works universally. In here you mentioned seen HR best practices. What you think about providing security to employees? Because life is unpredictable and work is a table factor Thai is very important for most people. In nowadays this is mother important factor for people. This is global practices.
ReplyDeleteDear Wishmila, This is an overview about 7 HR best practices impact on employee and organization performances. In my upcoming article I will go in detail about providing security to employees. Thank you for your interest.
DeleteHi janaka, Good areas to you have taken to discuss about. With the above mentioned areas Am I correct to say that Embracing empathy, focusing on data, and enabling analysis to drive strategy also the three modern HR practices that today's leading organizations implement?
ReplyDeleteDear Chris! This is an overview about 7 HR best practices impact on employee and organization performances. I will elaborate more on these areas in my upcoming articles.
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