Ethical Aspects In HRM
ETHICAL ASPECT OF HUMAN RESOURCE MANAGEMENT Human resource management plays a vital role in an organization in functioning the business. With the opening of the economies and globalization, the scope of HR is now considered as a vital part of the business strategy. In the past the HR practices were limited to recruiting, training, reviewing, terminating and appraising the organizations’ human capital. But in the present scenario HR practices have become more ethical and socially responsible. They are based on policies and practices that will cover the human capital of an organization. In a way it is a highly productive use of people to achieve organizational goals as well as the individual goals. Similarly the globalized organization focuses on the competencies and the knowledge of their employees. IMPORTANCE OF ORGANIZATIONAL ETHICS · Ethics are helping to organizations in shifting focus from short term profit ...