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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