Principles of Human Resource Management Essay Example | Topics and Well Written Essays - 2000 words

Principles of kind-hearted Resource Management - Essay ExampleThere are some factors that work in the keep companys favor. (a) It has a solid, established reputation in the locality and has been in existence for fifty years. Since the ho implementhold offers accounting services where an old and established strong is always preferred, it is likely that the reputable nature of the firm will be a strong basis to not only attract new business, only in addition top notch candidates to serve with the firm.(b) With rising prices and tough living conditions in nearby London, the companion has a great opportunity to attract qualified candidates who are looking for better and less dearly-won living conditions and who prefer a more spacious environment.However, there are several weakness in the current manner of operations in regard to Human resource management. (a) The firm does not protrude to convey realized the importance of Human Resources in enhancing the firms business, as evid enced by the fact that there is no human resource department, other than the involvement of one of the partner in managing payroll and pension issues. No other form of coordination exists in this department.Other professional firms like AccountCo have a well defined HR Management, because professional accountancy is being identified as the discipline with the strongest demand for accountants. In addition to pension schemes offered at AccountCo, other firms are also offering their employees achievement related bonuses and other incentives. Private medical health insurance is offered by these companies and cash in place of other perks such as a Company car and other incentives. Additionally, several companies are also providing for paternity and maternity benefits such as additional leave and crche facilities for young children. Flexibility in working hours is a notable feature of the new accounting environment, in view of the increasing use of technology and the Internet in all wo rk applications. While AccountCo