-concepts - Functions - Features - challenges. Some definitions… Human resource management (HRM),...

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HRM -concepts-Functions-Features- challenges

Some definitions…

Human resource management (HRM), or staffing, is the management function devoted to acquiring, training, appraising, and compensating employees

Organization’s methods and procedures for managing people to enhance skills and motivation

Activities to enhance the organization’s ability to attract, select, retain and motivate people

Understanding of HRM

HRM is a management function concerned with

Hiring,

Motivating, and

Maintaining people in the organisation.

It focuses on people in the organisation.

HRM is broad concept

Personnel Management (PM) &

Human Resource Development are part of HRM.

Traditional HR Functions

The Context of HRM

The HR Functions

Functions of HRM

Human Resource Planning Job Analysis & Design Recruitments & selection

Orientation Training & development Performance appraisal Compensation management Industrial relations

Objectives of HRM

Helps in professional growth Better relations with Unions and

Management Team building Strategic HR role

Challenges of HRM

Employee retention Diversity in workforce Growing women workforce Total Quality Management

Technology Internet revolution Uncertain business market