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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

Impact Factor: RJIF 5.2

International Journal of Applied Research

Vol. 2, Issue 9, Part F (2016)

A study of relation between the discipline of HR and finance

Author(s)
Dr. Paul D Madhale
Abstract
This paper focuses on the relation between Human Resource Management & Financial Management. Finance people can understand HR by working more closely and take advantage of HR people’s expertise in areas such as recruitment, training and development, communication, motivation, dispute resolution, termination. To keep the process running smoothly, finance department should treat HR like an internal client. Whenever HR initiates a project, there is always someone standing by in finance to assist and there also are people in HR who serve as primary contacts for finance. HR is used as a resource on everything from conducting recruitment and selection to team building to employee communication. HR is a service provider to the organization much like finance. In fact, a finance department employee is appointed to serve as HR liaison. High degree of coordination and understanding between these two departments directed organizations toward better working environment and growth prospects.
Pages: 405-408  |  532 Views  14 Downloads
How to cite this article:
Dr. Paul D Madhale. A study of relation between the discipline of HR and finance. International Journal of Applied Research. 2016; 2(9): 405-408.
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