HRM in the people-centric industry is concerned with the ‘people’ dimensions of the organization. In order to achieve the objectives as stated above, HRM must perform certain functions.
Generally, it is said that to achieve the organizational objectives, retailers must set up a proper correlation between the objectives and the functions.
There are many online websites such as HR Resource Guide that guides HR professionals about new trends and software evolving in these industries.
Following are the common human resource functions, any typical retail organization will be having:
1. Job analysis and job design
2. Recruitment and selection of retail employees
3. Employees’ training and development
4. Performance management
5. Compensation and benefits
These five human resource areas and their associated functions share the common objectives of an adequate number of competent employees with the abilities, experience, knowledge and skills required for fulfilling organizational goals. Though a human resource function can be assigned to one of the seven areas of human responsibility, some functions serve a variety of objectives.