11 Key Objectives Of Human Resource Management in 2023

Human Resources Management is a vast concept; it’s not just related to hiring, retaining, and relieving. The pandemic and advancements in digitalization have tremendously changed the manner of operations of almost every organization. Likewise, employees also have to adapt to the change, and they have certain demands as well. The department which maintains the balance between the organization and employees during this transition is Human Resources.

Several HRM software are available for the human resources department to automate their tasks and enhance efficiency, as their processes are tedious and must be executed with utmost precision. Constant upskilling is necessary to cope with the changing trends and to adapt to HR software.

Hence, let’s have a detailed understanding of what HRM is, its different objectives, and how HRMS software is assistive to an organization in achieving its objectives.

What Is Human Resource Management (HRM)?

In simple terms, Human Resource Management (HRM) involves managing employees and constantly framing strategies to optimize employee performance, making it easy for the organization to achieve the desired objectives. It mainly includes tasks like recruitment process, training, creation and implementation of policies, management, and career development of employees.

HR managers ensure that the organization has the appropriate employee size and skill set. The main goal of HRM is to achieve organizational goals, develop strategies, and hire relevant talent that will assist in accomplishing those goals and objectives.

Human resource software determines a management approach that will best suit the goals and enhance the organization’s culture. At the same time, the approach must be budget-friendly and provide employees with the best workplace environment.

Let’s have a look at the objectives and importance of HRM

11 Primary Objectives Of Human Resource Management

There is no specific human resource objective definition, as objectives vary from organization to organization. HRM strategies must be effectively framed and implemented to accomplish the stated objectives. HRM tasks involve huge responsibilities, and each step they take directly or indirectly affects the organization positively or negatively. So each and every aspect of HR objectives must be assessed in detail.

Let me explain the objectives of HRM in detail.

1. Accomplishing Organizational Goals

   The first and foremost responsibility of HRM is to have a clear understanding of the goals set by the organization, and their main objective is to accomplish those goals. 

   Besides that, human resource management assesses key problems and ensures effective governance of the imposed rules and regulations. In addition, to successfully achieve the determined goals, HRM hires a talented workforce, provides them with training, and deploys them effectively, which will assist them in achieving their objective.

   Moreover, maintaining the satisfaction of the employees is a priority for HRM, as a satisfied workforce will work efficiently and effectively to fulfill the objectives determined by the organization

2. Functional Objectives

   Human resource management aims to maintain coordination and coherence between different departments of the organization, as this approach will enhance a positive work environment and boost the workforce’s motivation.

   This is not only done to accomplish the goals. The HR professionals ensure that this approach amplifies the overall growth of the employees and organization.

   Efficient utilization of the skills and knowledge of every employee is what HRM aims for. This will optimize productivity and provide the desired results. To achieve this functionality objective, the HRM has to make effective decisions regarding recruitment and staffing, HR planning, training and development, staff cooperation or teamwork, etc. 

   This will lead the organization to effective functionality, attain established objectives, and develop healthy employee relationships.

3. Societal Objectives

   Each and every organization has a responsibility toward society. The only motive of any business should not be profit but to delegate a share of that profit towards the betterment of society. The government imposes specific rules and regulations on businesses, namely corporate social responsibility (CSR), which makes these enterprises liable to society.

   HRM is responsible for effectively dealing with and contributing to legal, ethical, social, and environmental issues in whatever way feasible. Legal issues like gender-biased pay and opportunity inequality must be hampered by undertaking appropriate initiatives.

   In addition, social strategies must be framed to fulfill societal requirements, and effective steps must be taken to evolve society like, bringing awareness with regard to education in remote areas to elevate the literacy rate.

   To contribute to solving these issues, HRM has to constantly innovate ideas and motivate employees and organizations to take part in these initiatives.

4. Personal Objectives

   Apart from the organizational objectives of HRM, there are some personal objectives of HRM as well that are related to the workforce. Personal objective means goals and objectives set by an employee for their personal development. It is the duty of HRM to look after the employees’ personal development. 

   Employees’ personal goals or objectives can be anything like high salaries, normal or flexible working hours, promotions, respect, recognition, etc., and providing all these leads to employee satisfaction. This approach will assist human resource management in retaining employees.

   When the employees are able to attain their personal goals, it will boost their morale. It will automatically motivate them to work efficiently. Eventually, hr objectives will be easily achieved.

5. Organizational Objectives

   The main goal of human resource management is to direct human resources to effectively attain the organization’s objectives. The organization has several objectives attaining large profits, business expansions, and diversifying the business portfolio.

   The HRM’s responsibility is to assist the organization efficiently in achieving these objectives through effective planning, recruitment, onboarding, induction, training, and development of human resources. Also, provide a performance-induced appraisal to employees on a timely basis.

   The workforce is an organization’s most important aspect of achieving its desired objectives. Employees who are motivated and satisfied with the work environment will work astonishingly well.

6. Team Building

   One of the primary HR roles and objectives is team building, as coordination among teams is most important for operational optimization. Human resource management must develop certain strategies to improve team performance.

   Objectives of human capital management are an important aspect of HRM. Strategies must be implemented for effective workforce management, functionality, and the finest utilization of talent. 

   HR manager objectives include team integration as they define the processes and regulations and make sure that everyone is acknowledged with the same. Several team-building activities must be conducted to create a professional bond between employees of the same or other departments.

7. Compliance

   Compliance is an important part of the objectives of HRM. Having knowledge of the payroll, recruitment, and rules related to other processes and their compliance is the main job role of HR managers. Heavy fines and penalties can be imposed on the organization if compliance is ineffective.

   The HR team needs to be updated with the prevailing and amendments in the rules regarding the processes to keep away undesired legal claims and actions.

   Utilizing automated HRM software will sort this compliance issue, and there will be little to no room for errors. Depending on the organizational goals and objectives, the HR team must make effective decisions related to software procurement.

8. Empowering Employees

   Workforce empowerment means offering employees an environment where they feel respected and recognized and delve into their work effectively. Here HR plays a vital role as they develop such processes where employees can develop their area of knowledge and hone their skills.

   HR department creates an environment that brings learning and development opportunities to boost their growth, benefiting both employees and organizations. Employee empowerment can be achieved by increasing job satisfaction and productivity, providing a positive working environment, supportive approach, etc.

   Hence, for business enterprises to gain long-term success, employee empowerment must be done effectively, as it will assist them in retaining experienced personnel and contribute heavily in achieving the goals.

9. Employee Retention

   No matter how focused the HRM is on recruiting and onboarding new talent, Employee retention is an equally critical aspect that the human resource management needs to focus on.

   There are several employee retention strategies that HR managers rely on to retain their old and experienced employees. These strategies include activities that will accelerate employee satisfaction, offer development programs, increase compensation, offer benefit packages, and develop a culture of open feedback.

   By implementing these strategies, employees will stay in the organization for a long, it will optimize the organizational performance to a great extent, and its reputation will also enhance.

10. Positive Workplace Culture

    Providing a positive workplace culture is equally important for the HR team than any other HR objectives mentioned above. If the employees are not provided with a healthy, positive environment where they can grow, engage and amplify their knowledge and productivity, retaining such talent will be tough for the HRM.

    There are many ways to develop a positive workplace culture. Still, it is mainly dependent on organizational initiatives to enhance employee engagement, work-life balance, and personal and professional development.

    With better planning and strategies, HRM can develop an innovative, collaborative, and trustworthy environment that will benefit the employees exponentially. This approach will increase retention rate, performance, and team building to a great extent.

11. Diversity and Inclusion

    No organization must have any discrimination on any grounds like caste, creed, gender, race, etc., as this approach will affect the reputation of an organization and hamper an individual from their right to work and earn their livelihood.

    HR must create a culture where people of diverse races, gender, etc., feel welcomed, valued, motivated, and can swiftly adjust in the workplace. This will diversify the workplace, and a mixed cultural vibe will be experienced. Also, a diversified pool of talent can be hired, which will provide the finest results to the organization in consonance with the defined objectives.

Can HRMS Software Help In Achieving Human Resource Objectives?

Investing in HRMS software can help in achieving end organizational goals. There are a number of ways in which HRMS software can assist in achieving the desired objectives of human resources. 

Some ways in which HRMS software can help achieving human resource objectives are:

1. Streamlined Processes

   Almost all the HR processes, like recruitment, performance administration, data management, payrolls, etc., can be automated and streamlined with the assistance of HRMS software. With these tools, HR can multi-task easily and get effective results.

2. Effective Communication

   These software offers a centralized platform that will bridge the communication gap between the HR professionals internally as well as between the HR and employees. They can easily convey important announcements, new or updated policies or procedures, feedback, etc. This will bring them closer to achieving the objectives.

3. Accurate Decision-Making

   With HRMS software, HR executives have access to real-time data regarding an employee’s performance, their behavioral aspect, the tenure they have served, the knowledge and expertise they hold, etc. 

   With the availability of this information, they can make an informed decision when retaining, and they can fan out different strategies to make the programs effective and improve the productivity of the workforce on the basis of that data.

4. Enhanced Compliance

   With HRMS software HR can effectively integrate and comply with employment laws and company policies. The compliance process can be completely automated as a result, payroll, recruitment, and other processes can be handled in an effective manner.

All in all, with the application of HRMS software, the objectives of the HRM can be effectively achieved as it enhances the efficiency and effectiveness of the HR process and increases the engagement between employees and HR executives.

Examples Of Human Resource Objectives

It is important to clearly understand various human resource objectives. Here are the 10 best examples of human resource objectives:

1. Offering employees an optimistic and safe work environment.
2. Provide monetary benefits and other privileges to retain employees.
3. Introduce effective communication methods among various departments.
4. Conduct collaborative activities to develop and strengthen the professional bond.
5. Provision of effective training and career development opportunities.
6. Boost employee morale by offering perks and benefits.
7. Ensuring compliance with the rules and regulations.
8. Offering adequate resources to employees will assist in accomplishing their personal goals.
9. Developing open communication and feedback systems to maintain transparency and effective dispute or complaint resolution.
10. Recruit talented individuals based on organizational requirements. 

Wrapping Up

To sum it up, organizations need to clearly identify and determine the objectives of human resource management to attain success. This can help them gain a competitive advantage and enhance bottom-line performance.

The goals must be achievable and in accordance with the requirements of the enterprise. Appropriate assistance and resources must be provided to HR professionals to optimize processes like framing the strategies, recruiting, retaining, etc.

With this assistance achieving objectives will be easier, and organizations will observe a huge change in operability and workforce satisfaction, automatically driving organizations toward success. 

Khyati Sagar is a seasoned HR and payroll expert with over a decade of experience in the field. She has worked with businesses of all sizes, from small startups to large corporations, helping them optimize their HR and payroll processes. As a passionate advocate for technology-driven solutions, she is always on the lookout for the latest advancements in HR and payroll software. When she’s not working, you can find her hiking or playing basketball with her friends and family.