Professional Documents
Culture Documents
MANAGEMENT
FUNCTIONS OF HRM
•Human resources (HR) needed in identifying, attracting, and hiring the
type of employees who will be most qualified to help the company
achieve its goals
•Key roles of HRM dept:
• attract the right employees to the company,
• identify metrics to help employees
• stay on target to meet the company goals,
• reward them appropriately for
• their efforts so that they stay engaged and motivated.
• designing a high-performance work system to improve organisational
performance and develop employees talent.
FUNCTIONS OF HRM
7 key functions of HRM:
1. Recruitment
2. Selection
3. Training & development
4. Performance appraisal
5. Compensation
6. Employee separation/termination of employment
7. HR planning
HUMAN RESOURCE
PLANNING (HRP)
•process of forecasting the forthcoming HR requirements of the
organisation and defining as to how the existing HR capacity of the
organisation can be utilised to accomplish these requirements
• planning human resource capacity of the organisation.
• helps the management of the organisation in achieving the future
demand of human resource in the organisation with the supply of
the applicable people in appropriate numbers at the appropriate
time and place.
•analysis of the HR requirements can the process of recruitment and
selection be initiated by the management
HRP - 2 MAIN COMPONENTS OF HRP: