There are different departments within businesses. Two areas which we don’t think so much about are Human Resource management and personnel management. What is Human Resource Management, and how does it differ from Personnel Management? The purpose of this blog is to understand what Human Resource Management encompasses, and why do we utilize it over Personnel Management. Also we will cover how employee benefits affect the HR Management resource
- “Operative Functions: The activities that are concerned with procurement, development, compensation, job evaluation, employee welfare, utilization, maintenance and collective bargaining.
- Managerial Function: Planning, Organizing, Directing, Motivation, Control and Coordination are the basic managerial activities performed by Personnel Management.”
the Main Street blog “Employee loyalty is not what it used to be.” So very true especially with today’s growing millennial workforce. Studies show the approximate average of millennials who frequently change jobs every 2 to 3 years is 64%. This is a staggering number and a major impact to employee retention. So what can employers do to “sweeten the deal” to keep the job hopping generation?
PPO & HMO plans, High deductible vs Low deductible plans, and HSA or Flex spending accounts can be confusing , but should be understood and explained effectively by a benefits adviser.