HRM
HRM is a management function that helps managers recruit, select, train and develop members of an organisation. It providing direction for the people who work in the organization. Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.
NATURE
Human Resource Management is a process of bringing people and organizations together so that the goals of each are met. The various features of HRM include: It is pervasive in nature as it is present in all enterprises.
It encourages employees to give their best to the organization. It helps an organization meet its goals in the future by providing for competent and well-motivated employees. It tries to put right people on assigned jobs in order to produce good results.
SCOPE OF HRM
HR
Planning Job analysis and Design Recruitment and Selection Training and Development Performance appraisal and Job Evaluation Employee and Executive Remuneration Motivation and communication Welfare, Safety and Health Industrial Relations
EVOLUTION OF HRM
IN 1960
Labour welfare
Industrial relation Human Resources Administration
IN 1970
IN 1980
Due to new technology and the other environment changes, human resources development become a major issue.
IN 1990
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4. Facilitates Expansion & Diversification of an organization.
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7. Ensures Right person at right job & at Right time. 8. Useful in anticipating the cost of human resources which facilitates the budgeting process.
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10. Helps in Reducing turnover of Employees. 11. Choose the person whose abilities, interests, & aptitude match with the job requirement. 12. Assess the Employees performance.
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13. Compensate employees for their work. 14. Manage employees to take the maximum work from them. 15. Motivate and Guide employees to perform the work in better way.