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The Assessment of Risk Management in Human Resources Practices in the Public Sector

Journal: SocioEconomic Challenges (SEC) (Vol.8, No. 2)

Publication Date:

Authors : ; ; ;

Page : 342-359

Keywords : HR Management; HR risk management; HR professionals; Risk management; Organisational performance;

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Abstract

HR-related risks can disrupt operations and cause significant problems for organizations. Effective HR risk management is essential for mitigating these risks. A strong HR risk management plan ensures adherence to labour laws, prevents costly legal issues, and safeguards public trust. Public sector organisations can proactively address potential HR risks and attract and retain top talent, improve employee morale, and achieve their goals more effectively. The primary purpose of this research was to critically investigate and analyze current HR risk management practices—justification of the choice of the research object. A questionnaire survey was conducted with 30 Erongo Regional Council staff members to explore HR risk management practices in a public sector organization. Justification of the choice of the research and research period: Informational and statistical basis of research. A descriptive research design was used to collect and analyze data. Descriptive statistics, hypothesis testing, and regression analysis were employed. A questionnaire survey was used to collect data from 30 Erongo Regional Council staff members. The main results of the research. The study found that the respondents understand HR risk management practices and the organization manages HR risks. A positive correlation was found between HR risk management and organizational performance. However, the study also revealed challenges in HR risk management implementation. Questionnaires are cost-effective and can reach many respondents within a short time frame. It allows you to gather data from a more comprehensive range of public sector organizations and get a broader perspective. This study recommends increased employee awareness of how HR risks can disrupt operations. By fostering awareness, organizations can minimize the likelihood of overlooking potential risks. These programs can equip them with the knowledge and skills to implement effective risk management strategies.

Last modified: 2024-07-18 04:32:35