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Showing posts from August, 2024

THE ROLE OF HRM IN CORPORATE GOVERNANCE

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Corporate governance refers to the system of rules, practices and processes by which a company leads and controlled. It includes the mechanisms through which stakeholders interest are balanced and aligned with corporate goals. Corporate governance appeared as a new method of management based on a set of principles and procedure that govern the administration on one hand. Corporate governance is an important component of effective Human Resource Management practices. Since nothing can be said about the appropriate functions of corporate governance regulations and standards without mentioning HRM which are one of the ground for achieving the organization objectives. HRM supporting and enhancing corporate governance via ensuring that ethical practices, compliances and accountability are established throughout the organization (Athmen, 2017) .            Developing ethical organizational culture is one of the major HRM contribution in corporate governance....

CONFLICT RESOLUTION MECHANISMS IN MODERN WORKPLACES: THE ROLE OF HRM

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Conflict is an action, which an individual or group of people are in contradiction of one another. Conflict in organization is a disagreement, opposition, assertion, contest and argument between employer and employee or employee and employee with in organization which lead to legal action and the result may deteriorate the organization (Akintayo, 2019) . Conflict is not to be deplored. Conflicts in an unavoidable part of any workplace, deriving from difference in opinions, personalities and work styles. Effective conflict resolution is essential for retaining a productive and quality work environment. Developing and implementing conflict resolution mechanisms through Human resource management ensure disputes are managed positively and have to facilitate conflict resolution in modern workplace (Armstrong, 2012) . Policies and procedures The foundation of effective conflict resolution lies in having clear guidelines and strategies. Human resource management should develop comprehensive...

HANDLING OVERQUALIFICATION EMPLOYEES: THE ROLE OF HRM

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  With the quick development of higher education in the world, more individuals have been receiving their proper higher education. The situation where the requirement of individual’s degree, skill, knowledge and capability are higher than what their positions should have met is abundant (Biaobin, 2021) . Employee over qualification mean an employment situation where an employee skills, experience, education and other qualification exceed that the job requirements. Such mismatch between employee qualification and job description is gradually around the world. Managing overqualified employees presents a unique set of challenges for Human Resource Management. Overqualified employees, who having the skills and experience exceeding the job requirement, can be valuable assets if effectively combined into the organization (Erdogan, 2020) . The important step in managing overqualified employees is understanding their motivation for accepting the position. HR professional should conduct t...