Human resource management plays a crucial role in any organization and has a range of functions that it undertakes. The scope of HR is vast and diverse, as well as hugely impactful. To comprehensively know about its entire scope, all the disciplines and sub-disciplines, one must pursue any of the credible human resource management courses. Going through those will give you insights not only into the theories that define the human resources framework but also the application of those concepts.
Let us take a closer look at two core scopes that form a part of the human resource management area and get familiar with them.
- Learning & Development – Human Resources management has the crucial role of managing learning and development in an organization. Its scope covers re-skilling and upskilling the workforce on all types of behaviours as well as skills, as well as the assessment of the gaps that exist from a learning level perspective. Human Resources also needs to work closely with the various departments, functions, geographies and the business or leadership teams to be able to better identify which skills can have a positive impact on business growth. The talent development segment which is a specific area that focuses on grooming identified high potential employees is an extension of this scope. Even Leadership Development which is now a separate area in itself has emerged from this discipline, wherein the focus is to design and implement interventions that are needed for leaders.
- Rewards and Recognition – This is a vast scope for human resources since it covers rewards in both forms compensation and benefits, but also recognition in its intangible form which is recognition. HR works in designing, reviewing and benchmarking the organization’s rewards and recognition practices as against the best ones in the market. It also has the crucial role of managing the connection between variable pay or bonus, its link to performance and business results. The structure of rewards differs from role to role, and level to level as well in some organizations.HR manages these differences to ensure that there is general internal equity and alignment across the board. For recognition too, human resources work on dealing with many programs that the organization has, designing new ones and evaluating their effectiveness or results from time to time. They have a link to employee motivation which cannot be ignored.
These are details of two areas in human resource management’s scope, which are of great importance. HR carries out these functions in conjunction with the others and makes sure that there is a connection between these and the business goals.