M.sc.Tanja Krsteva, Teaching Assistant, European University - Republic of Macedonia
M.sc. Ivona Talevska, Editor in chief, Vecer
Ph.D. Dragan Pavlovic-Latas, Adjunct Assistant Professor, European University - Republic of Macedonia
M.sc. Ivona Talevska, Editor in chief, Vecer
Ph.D. Dragan Pavlovic-Latas, Adjunct Assistant Professor, European University - Republic of Macedonia
Abstract:
The role of HR is changing. Previously considered a support function, HR is now becoming a strategic partner in helping a company achieve its goals. A strategic approach to HR means going beyond the administrative tasks like payroll processing. Instead, managers need to think more broadly and deeply about how employees will contribute to the company’s success.
In addition, organizations that value their employees are more profitable than those that do not. The impact of human resource management practices on turnover, productivity, and corporate financial performance. The most successful organizations manage HR as a strategic asset and measure HR performance in terms of its strategic impact.
Key words: HR, success, employees, productivity, management, economy.
The role of HR is changing. Previously considered a support function, HR is now becoming a strategic partner in helping a company achieve its goals. A strategic approach to HR means going beyond the administrative tasks like payroll processing. Instead, managers need to think more broadly and deeply about how employees will contribute to the company’s success.
In addition, organizations that value their employees are more profitable than those that do not. The impact of human resource management practices on turnover, productivity, and corporate financial performance. The most successful organizations manage HR as a strategic asset and measure HR performance in terms of its strategic impact.
Key words: HR, success, employees, productivity, management, economy.
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