Factors Determining the Efficiency of SHRM

Some factors determine whether the SHRM are efficient or not. These factors determining the efficiency of SHRM (Strategic Human Resource Management) are as follows:

Factors determining the efficiency of SHRM

  1. Total labor productivity: The efficiency of SHRM (Strategic Human Resource Management) in Bangladesh, is largely affected by the productivity of laborers. We all know that efficiency is the ratio between the input and output that means the higher the output the higher the efficiency. And by the term productivity means if the productivity higher then we may say that he or she is more efficient.
  2. Presence of efficient employees: In the context of Bangladesh, presence of efficient employees is the most important factor in strategic human resource management. In each and every organization, efficient employees are the valuable wealth and assets.
  3. Nature of labor management relations: Nature of LMR (Labor Management Relations) affects the efficiency of SHRM in Bangladesh. Bad relationship has negative impact because productivity depends on good relationship of both labor and management. Recently, in Bangladesh, efficiency reduces in ready made garments sectors (RMG). The only reason is bad relationship between labor and management.

    Factors Determining the Efficiency of SHRM

    Factors Determining the Efficiency of SHRM

  4. Volume of training: Training is very essential part in any organization. Training is a great factor to affecting the efficiency of SHRM  in Bangladesh. Training is necessary for strategic works.
  5. Utilization of human resources: Human resources is a vital component determining the efficiency of SHRM in Bangladesh. If all employees are properly used, it means SHRM is efficient. Otherwise we cannot find its efficiency.
  6. Frequency of labor turnover: Frequent inflow and outflow of employees hampers efficiency of all level of employees. If there is less turnover rate, management can also give attention to the efficiency development.
  7. Effort for employee service: An organization is very much needy for the employees’ great effort. Employee effort can earn the greater income for the organization.

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2 comments for “Factors Determining the Efficiency of SHRM

  1. Godlisten Masanja
    January 31, 2016 at 8:07 PM

    Thank you for your lesson of shrm, through this channel and my email i need to communicate with you because, am a student of third year.

    Thanks for your cooperation.

    • rasel
      February 1, 2016 at 3:27 AM

      Thanks ‘Godlisten Masanja’ for visit the site and comment, you will find more educational useful resources. So, visit us regularly.

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