4 Skills which can build a Career in HR
4 Skills, which can build a Career in HR
Recruitment, Payroll Management, Training and Development, Performance Management,
Recruitment is an essential skill, every HR Professional must have to grow in his/her career. This skill is non compromising and every HR professional is expected to harbor this skill if he/she intends to head the HR function of an organization.
A payroll is a company’s list of its employees, but the term is commonly used to refer to:
- the total amount of money that a company pays to its employees
- a company’s records of its employees’ salaries and wages, bonuses, and withheld taxes
- the company’s department that calculates and pays these.
Payroll in the sense of “money paid to employees” plays a major role in a company for several reasons.
From an accounting perspective, payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and because they are subject to laws and regulations (e.g. in the US, payroll is subject to federal, state, and local regulations).
From a human resources viewpoint, the payroll department is critical because employees are sensitive to payroll errors and irregularities: Good employee morale requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and that the withholdings and deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and deductions from paychecks.
The training and development of employees is crucial to any organisation’s performance. For businesses, the aim is to gain a competitive advantage. For other organisations you’ll want to improve how you work or obtain better outcomes. Ultimately, all organisations are looking to optimize their human resources by honing the skills of their workforce.
Training is, therefore, a huge responsibility and needs motivated and skillful individuals to handle it. While there are many opinions on the efficacy of some training programs, few doubt the necessity of really good, targeted training.
Training employees is a challenging job though, and whether you’re an independent trainer or employed with a corporation, trainers and training managers are expected to have a ton of qualities for the training to be a success. Know about six most desirable qualities of training managers.
Performance management is a process by which managers and employees work together to plan, monitor and review an employee’s work objectives and overall contribution to the organization. More than just an annual performance review, performance management is the continuous process of setting objectives, assessing progress and providing on-going coaching and feedback to ensure that employees are meeting their objectives and career goals.
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