Professional Documents
Culture Documents
Human Resource
Management
Introduction to HRM
By:
Saba Gulzar
Definition of HRM
QUESTION 1
The policies and practices involved in
maintaining the
human
resource
aspects
of
a
management position,
including
staffing,
training
&
development,
appraising
and
compensating.
Objectives of HRM
QUESTION 2
Strategic:
Coherent:
Ownership:
Integrated and
mutually supporting
HR policies and
practices
Emphasis on gaining
commitment and
ownwership to the
organizations mission
and values
People treated as
assets:
Focus on developing
human capital
Aligning individual
goals with
organizational goal:
Management and
employees share the same
interests
Line managers
deliver HRM:
Belief that HRM is
essentially the
responsibility of line
managers
HRM
QUESTION 3
HR Planning
Recruitment &
Selection
Training and
Development
Performance
Management
Compensation
Management
Employee Health,
2) Recruitment and
Selection
Recruitment - Process of attracting
individuals on a timely basis, in
sufficient numbers, and with
appropriate qualifications, to apply
jobs with
an organization
for
Selection
- Process
of choosing
3) Training &
Development
Training
Development
Career Management
Definition
The systematic acquisition of attitudes, concepts, knowledge,
Chapter # 8
Career Management
By
Saba Gulzar
4) Performance Management
Performance Management
5) Compensation
All rewards that individuals
receive as a result of their
employment.
Compensation
Direct Financial Compensation Pay that person receives in form
of wages, salaries, bonuses, and
commissions
Indirect Financial Compensation
(Benefits) - All financial rewards
not included in direct
compensation such as paid
vacations, sick leave, holidays, and
medical insurance
Industrial Relations
Deals with all types of employment
relationships, whether they are
unionized or not. This type of
relationship focused the
stakeholders.
Labour Relations
A field of study which focuses
exclusively on employment
relationships in a unionized
environment.
Studies the relationship between
labour (unions) and management.
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