Equity in Human Resource Management Essay -- Equity Theory, Need-Hiera

Equity in Human Resource ManagementIntroduction The effective Human Resource Management in an organization requires an special standard set for motivation, job design, reward system and equity. Nowadays, people are more willing to avoid unfair treatment in the workplace than every other aspect. The fundamental concept behind Equity is an attempt to balance what has been put in and taken out at the workplace with a musical note of justice being served. Unconsciously, values are assigned to many various contributions made to the organization, then causing an air of misbalance in the environment. There has always been a disparity in the view on the desirability or the cost effectiveness of policy measures. The importance of equity or reducing discrimination has gained a lot of attention in the labour market (Milkovich, Newman & Ratnam, 2009).HistoryThe importance of Human Resource management is associated with the beginning of mankind. As the knowledge of survival had begun including safety, health, inquisition and gathering, tribal leaders passed on the knowledge to their youth. However more advanced HRM functions were developed as early as 1000 B.C and 2000 B.C. Since the modern management surmise took over, the working environment was transformed into a more friendly and safe work place. The workers were termed as most valuable resources. While some companies took the human spatial relation of employment seriously, there were others who did not find it mandatory. Hence they faced huge labor unions and factory shut downs (Henning, 2001). The first ever corporate employment plane section formed for labor concern was created by the B.F. Goodrich Company during 1900. In the 1960s and 1970s the federal government enforced fair treatment of... ...ir conflicts resolutions and motivations. Some measures which heap help a human resource management department to impart equity would include but not limited to competitive salary, fringe benefits, vocation progression, gender, personal development, promotion etc are few variables which HRM require to look after to keep employees motivated. Through such measures, the companies can reduce the probability of employee dissatisfaction, non compliance with the standards and regulations and hence reduced chances of legal actions.It is essential that if organizations need to keep their employees motivated through managing equity, they are required to constantly monitor their employees through various surveys and research tools. latest techniques emerging from the research may be applied on human resource so that they have direction and motivation for the organization.