Professional Documents
Culture Documents
Introduction:
India is in the second place in manpower in the world. The humans are resources and they have to be
trained and developed. The factors of production are men, material, money and machinery etc. Here man is the
most important factor of production as all the other factors are meaningless if capable persons are not available
to work up on the other factors.
Q. Define HRM.
According to Dale Yoder, Human resource or manpower management effectively describes the process
of planning and directing the application, development and utilization of human resources in employment.
HRM focuses on the development of the skill of every individual in order to make him up-to-date. The
knowledge of every person should be updated. HRM takes note of the fact that a person who does not update
himself will become outdated.
5. Recognizes the need for the appraisal of the employees performance:
Performance appraisal is an integral part of human resource management. Unless the performance of the
employees is periodically reviewed, it will not be possible for the employer to know their level of efficiency.
6. Incentives for best performance:
Employees who provide better performance should be provided with incentives, these incentives many
be financial as well as non-financial. HRM recognize the fact that if good workers are not suitably rewarded,
they may lose interest in their work.
7. Gives importance for favorable employee attitude:
The attitude of the employees towards work is a crucial factor determining performance. HRM makes
an earnest attempt to secure a favorable employee attitude. This is done by providing the employees with proper
working environment. Counseling is provided to those employees who undergo stress.
8. Creates good human relations in every workplace:
HRM provides cordial human relations. Conflicts in a workplace are unavoidable. But such Conflicts
shall not be allowed to damage inter-personal relationships.
9. It provides scope for collective bargaining:
The employer shall encourage the employees to form a union in the workplace. This will give the
employees the benefit of collective bargaining. In the absence of such a union, if any individual has certain
grievances, he may find it difficult to represent the same to the management in his personal capacity.
The management has to utilize the available human resources in the best manner possible so as to
achieve the organization objectives effectively. HRM is an art to get the work done by the people, to get the
desired result.
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