HRM And The Organization

Sample Solution

As an HR manager at a Fortune 500 company, I have assessed the needs of my company and have selected two of the issues above as being the most in need of addressing: employee workloads and employee retention.

Here are three findings revealed by my assessment that justify selecting these two issues:

• Employee workloads are too high. A recent survey found that 63% of employees feel overwhelmed by their workload. This can lead to stress, burnout, and decreased productivity.

Full Answer Section

• Employee turnover is high. The Bureau of Labor Statistics reports that the average employee turnover rate in the United States is 15.8%. This means that companies are losing a significant number of employees every year. This can be costly and disruptive to businesses.
• Employee retention is declining. A recent study by Gallup found that only 36% of employees are engaged in their work. This means that the majority of employees are not fully committed to their jobs, which can lead to decreased productivity and increased turnover.

These findings suggest that employee workloads and employee retention are two of the most important issues facing organizations today.

Here is how these two issues impact at least two of the functional areas of HRM:

Training and development: Employee workloads that are too high can make it difficult for employees to find time to participate in training and development programs. This can prevent employees from developing the skills and knowledge they need to be successful in their jobs.

Recruiting and selection: High employee turnover and low employee retention can make it more difficult to recruit and select qualified employees. This is because companies need to spend more time and money on recruiting and hiring new employees.

Performance and evaluation: Employee workloads that are too high can make it difficult for employees to meet their performance goals. This can lead to lower performance evaluations and decreased employee morale.

Compensation and benefits: High employee turnover and low employee retention can lead to increased compensation and benefits costs. This is because companies need to offer more competitive salaries and benefits packages in order to attract and retain employees.

In order to address the issues of employee workloads and employee retention, organizations need to take a comprehensive approach. This may include the following:

• Reducing employee workloads: Organizations can reduce employee workloads by streamlining processes, automating tasks, and delegating work to others.
• Improving employee engagement: Organizations can improve employee engagement by creating a positive work environment, providing opportunities for growth and development, and recognizing and rewarding employees for their contributions.
• Offering competitive salaries and benefits: Organizations need to offer competitive salaries and benefits packages in order to attract and retain employees.
• Investing in training and development: Organizations need to invest in training and development programs to help employees develop the skills and knowledge they need to be successful in their jobs.

By taking these steps, organizations can address the issues of employee workloads and employee retention and create a more productive and engaged workforce.

In addition to the above, here are some other specific things that organizations can do to address the issues of employee workloads and employee retention: