Running Head HUMAN RESOURCES MANAGEMENT ON PRODUC Essays

Running Head: HUMAN RESOURCES MANAGEMENT ON PRODUCTIVITY Effects of Human Resources Management On Productivity Topic Proposal Annette J. Gouag Davenport University HRM700 Professor Bill Powers January 17, 2018 Abstract Human Resource Management (HRM) has a crucial role in any company. Functions that include individual and group incentive pay, in addition to several non pay aspect of employment relationship of the business , a spects such as hiring and firing, work organization such as team s dynamic and autonomy. that include has now become a major field in labor economics. The objective of my research is to use standard and functional economic tools to the special circumstances of managing employees within corporation s in order to better understand the impact of HRM on business productivity . In this r esearch , I will examine the relationship between Human Resource Management (HRM) and productivity. I will start with important facts on trends and levels of both HRM and productivity and the main economic theories of HRM. I will emphasize on some of the determinants of HRM including risk, competition, ownership and regulation. The largest section analyses the impact of HRM on productivity emphasizing issues of methodology, data and results (from micro-econometric studies). I will then conclude by briefly bringing forward suggestions of avenues for future frontier work. My topic selection for this research paper is about understanding the Effects of human resources management on productivity'. In researching this topic, I will examine how the impact of HMR management of personnel enhance productivity and the various factors that are linked to it (Bloom, 2010). The human resource covers a large area and in particular I will be looking at specific areas like work motivations or incentives and work organization that enables the company workforce to give in more effort and work harder for the company (Bloom, 2010). The human resource management is an extensive territory of study and in this report I plan to concentrate especially on how the management of workforce enhances efficiency. The report will be made through the broad research of scholastic papers published throughout the world. The parts of human asset that are of specific importance to increase efficiency or productivity would comprise compensation system, examination framework, advancements and vocation improvement. This angle are especially going to be taken up on the grounds that for people working for any firm, these viewpoints are the fundamental and most normal prerequisites for people to work harder for the firm and eventually enhance productivity (Nickson, (n.d.)). Another perspective that I will examine is the one on work association in order to make sense of how the human resource management can enhance productivity concurrently. The work association particularly alludes to the dissemination of decision rights amongst managers and employees, work outline and work adaptability, teamwork and group solidarity and data arrangement (Park, 2008). Every one of these components come together to increment the inspiration level of workers and consequently lead to an increase in profitability (Ichniowski, 1995). In conclusion, these are the primary factors that will be examined further to demonstrate the speculation that HR administration has a strong impact on profitability expansion. References Bloom, N. (2009). Human Resource Management (HRM) and productivity. Accessed on January 17th 2018, from http://emlab.berkeley.edu/users/cle/secnf/vanreenen_slides.pdf Bloom, N. (2010). Human Resource Management and Productivity. Accessed January 17 2018, from http://www.stanford.edu/nbloom/w16019.pdf Ichniowski, K. S. (1995). The Effects of Human Resource Management Practices on Productivity. The National Bureau of Economic Research. Accessed January 20, 2018, from http://www.nber.org/papers/w5333 Nickson, S. H. (n.d.). Employee champion' or business partner'?. The views of aspirant HR professionals. University of Strathclyde. Accessed January 20 2018, from http://www.cipd.co.uk/NR/rdonlyres/B227B99E-72CF-491A-B460-D4648F64E92B/0/Centres_Conference08seminarResearchNicksonetal.pdf Park, T. A. (2008). Productivity and efficiency impacts of human resources practices in food retailing. Industry Studies Association. Accessed January 20 2018, from http://isapapers.pitt.edu/117/