HRM

  Ethics in HR “Ethics in HR is responsible for channelizing the human resources of an organization via a code of ethical and professional standards to get immaculate solutions to all ethical issues and ensure the ethical success of the organization ”.  (Bhasin, 2021)   The importance of ethics in HR The HR department, being one of the most important departments in an organization, is directly involved in all employee ethical concerns. It is not only the role of the HR department to engage in business ethics; it is also the responsibility of the organization's leaders and managers. If these were not handled effectively, it would have a negative impact on the organization's sustainability, profitability, and brand recognition. As a result, building a reputation as an ethical employer is critical in terms of retaining existing employees and attracting new qualified and experienced employees to the organization, as employees will have more opportunity to improve, which w

  Performance Management – Definition “Performance management is an ongoing process of communication between a supervisor and an employee that occurs throughout the year, in support of accomplishing the strategic objectives of the organization. The communication process includes clarifying expectations, setting objectives, identifying goals, providing feedback, and reviewing results ”. (Berkeley, 2022) Importance of performance management Employees who are productive are the most valuable asset since they assist the company achieve its goals. Companies must have strong strategies in place to develop, motivate, and engage employees in order to get the most out of them to meet company goals. When it comes to getting the most out of your employees, performance management is crucial.  (Foulis, 2021) Managers can use performance management to appropriately address issues and make the right decisions at the right time. It will also assist in making decisions about the organization