Hrm Notes
http://www.slideshare.net/soumyashree85/human-resource-management-2179947
Concept of HRM
Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. HRM can also be performed by line managers.
A philosophy of people management based on the belief that human resources are uniquely important to sustained business success. HRM is aimed at recruiting capable, flexible and committed people, managing and rewarding their performance and developing key competencies.
HRM is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.
HRM is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization's goals and objectives.
HRM is moving away from traditional personnel, administration, and transactional roles, which are increasingly outsourced. HRM is now expected to add value to the strategic utilization of employees and that employee programs impact the business in measurable ways. The new role of HRM involves strategic direction and HRM metrics and measurements to demonstrate value.
Nature of HRM:
* HRM involves management functions like planning, organizing, directing and controlling. * It involves procurement, development, maintenance and management of human resource. * It helps to achieve individual, organizational and social objectives. * HRM is a mighty disciplinary subject. It includes the study of management psychology communication, economics and sociology. * It involves team spirit and team work.
Roles of human resource management
The core
Concept of HRM
Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. HRM can also be performed by line managers.
A philosophy of people management based on the belief that human resources are uniquely important to sustained business success. HRM is aimed at recruiting capable, flexible and committed people, managing and rewarding their performance and developing key competencies.
HRM is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.
HRM is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization's goals and objectives.
HRM is moving away from traditional personnel, administration, and transactional roles, which are increasingly outsourced. HRM is now expected to add value to the strategic utilization of employees and that employee programs impact the business in measurable ways. The new role of HRM involves strategic direction and HRM metrics and measurements to demonstrate value.
Nature of HRM:
* HRM involves management functions like planning, organizing, directing and controlling. * It involves procurement, development, maintenance and management of human resource. * It helps to achieve individual, organizational and social objectives. * HRM is a mighty disciplinary subject. It includes the study of management psychology communication, economics and sociology. * It involves team spirit and team work.
Roles of human resource management
The core