Human Resource Management

Q-1 What is Management?

Q-2 What is Human Resource Management? Q-3 What are the objectives of Human Resource Management?

Management
To manage is to forecast and to plan , to organize, to

command, to coordinate and to control.

Finally Management involves the act of achieving the organizational objectives.

Human Resource Management

Human Resource Management is management function that helps managers recruit, select , train members for an organization and develop HRM is also management function concerned with hiring , motivating and maintaining people in an organization.. It focuses people in organization.

Why is HR important To all Managers?

Placing the right person in the job.

Starting new employees in the organization Training employees for jobs that are new to them. Controlling labour cost. Developing the abilities of each person. Creating employees health and physical morale. Improving the job performance of each person. Gaining creative cooperation and developing smooth working relationships.

Nature of HRM Prospects of HRM

Employee Hiring

Industrial Relations

Human Resource Management

Employee & Executive Remuneration

Employee Maintenance

Employee Motivation

SCOPE OF HRM

Functions & Objectives

Societal Objectives:- To be ethically and socially responsible to the needs and challenges of the society . Organizational Objectives :- To recognize the role of HRM in bringing about organizational effectiveness. Functional Objectives:- To maintain the departments contribution at a level appropriate to the organization needs.

Personal Objectives :- To assist employees in achieving their personal goods.

HRM Objectives & functions

Societal objectives

Benefits Legal Compliances Union management relations Human resource Planning Employee relations Selection Training & development Placement Appraisal Assessment

Organizational objectives

Functional Objectives

Personal Objectives

Training & development Compensation

Difference between HRM & HRD

HRM & HRD are being used interchangeably HRM has its various tools like appraisal schemes, feedback system, Quality circle. Organizational development, T-group training , MBO objectives decision making re tools used in human resource development. HRM approach helps to improve the organizational efficiency, work culture, job satisfaction better understanding of people. HRD is linked with human resource planning which, in turn is linked to corporate planning.