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Human Resource Management

Human resource management - function of


attracting, developing, and retaining enough
qualified employees to perform the activities
necessary to accomplish organizational
objectives. Three main objectives:

1)

Providing qualified, well-trained


employees for the organization.

2)

Maximizing employee effectiveness in


the organization.

3)

Satisfying individual employee needs


through monetary compensation,
benefits, opportunities to advance, and
job satisfaction.

What Is Human Resource Management


(HRM)?
The policies and practices involved in carrying
out the people or human resource aspects
of a management position, including
recruiting, screening, training, rewarding, and
appraising. (Dessler)

Concerned with managing people


Concerned with employee both as individual as
well as group
Concerned with helping employee to develop
their potentialities
Concerned with developing the maximum
satisfaction of employees
It is continuous in nature
Directed towards achievement of objectives
Universal existence

Managerial

Operative

Planning
Organizing
Staffing
Directing
Controlling

1. Procurement function: The first


operative function of personnel
management is procurement. It is
concerned with procuring and employing
people who possess necessary skill,
knowledge and aptitude. Under its purview
you have job analysis, manpower
planning, recruitment, selection,
placement, induction and internal mobility.

2. Development: It is the process of


improving, moulding, changing and
developing the skills, knowledge, creative
ability, aptitude, attitude, values and
commitment based on present and future
requirements both at the individuals and
organisations level.

3. Motivation and compensation: It is a


process which inspires people to give their
best to the organisation through the use of
intrinsic (achievement, recognition,
responsibility) and extrinsic (job design,
work scheduling, appraisal based
incentives) rewards.

4. Maintenance: It aims at protecting and


preserving the physical and psychological
health of employees through various
welfare measures.

5. Integration function: This tries to integrate


the goals of an organisation with employee
aspirations through various employee-oriented
programmes, like redressing grievances
promptly, instituting proper disciplinary
measures, empowering people to decide
things independently, encouraging a
participative culture, offering constructive help
to trade unions etc.

6. Emerging issues: Effective


management of human resources
depends on refining HRM practices to
changing conditions. Hence the need to
look at other important issues that can
motivate people to give their best in a
dynamic and ever-changing environment.

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