The diplomatic management of human resources comes into play during recruitment. It is also responsible for what is contained in employee contracts, and this includes the aspects of social policy, such as social security benefits, leave, responsibility for work injuries, etc. Managers are responsible too for knowing the talents of the members of their workforce, as this knowledge will lead to better deployment. This is to the advantage of production as well as to the advantage of the employees, who achieve a sense of worth and fulfilment in utilising their best skills. Human resource development is also an important part of human resource management, and while the managers in UK firms play a large role in this, in the newer EU countries (Czech Republic, Poland, and Slovakia) the government takes a much more active role.
The European Union has set its own standards for the management of human capital, and these standards must be met by any European state that wishes to enter the union. It realises that "effective management policies lead to employee competence and commitment, congruence between the objectives of employees and management, and is more cost effective" (Price, 2004). Several concerns, however, have been aired. ...Show more