Introduction to HRM
Maksuda Hossain,FBA,EU
Topic covered
Definition
Uniqueness of HRM
Function
HRM vs. personnel management
Line vs. staff authority of HRM
External influencing affecting HRM
Problems of HRM in BD
Means to solve problems of HRM in
BD
Maksuda Hossain,FBA,EU
Related terms
Human resources: Human resources is
the set of individuals who make up the
workforce of an organization, business
sector or an economy.
Human capital: Human capital typically
refers to a more narrow view; i.e., the
knowledge the individuals embody and
can contribute to an organization.
Maksuda Hossain,FBA,EU
Definition of HRM
Human Resource Management is the set of
organizational activities directed at attracting,
developing and maintaining an effective work force.
---- Ricky W. Griffin
Maksuda Hossain,FBA,EU
Uniqueness of Human
Resources
Maintenanc
e
HRM
Developmen
t
Motivation
Maksuda Hossain,FBA,EU
Personnel Management
5. Broad in scope.
5. Limited in scope .
Line authority:
Empowered to direct work of the people assigned to them. Directly responsible for accomplishing
departmental goals & corporate objectives without consulting anyone. It is the employer-employee
authority relationship that extends from top to bottom.
Line Managers' Human Resource Management Responsibilities are: Placement, Orientation,
Training, Improving job performance, Gaining creative cooperation, Interpreting policies and
procedures, Controlling labor costs, Developing employee abilities, Creating and maintaining
departmental morale, Protecting employees' health and physical condition etc.
Staff authority:
advise & assist line managers in accomplishing basic goals. The suggestion given by the staff
advisor to the line managers may or may not be accepted by the latter.
As organizations get larger and more complex, line managers find that they do not have the time,
expertise, or resources to get their jobs done effectively. They create staff authority functions to
support, assist, advice, and generally reduce some of the informational burdens they have.
Some examples of the HR responsibilities of staff managers include assistance in hiring, training,
evaluating, rewarding, counseling, promoting, and firing of employees, and the administering of
various benefits programs.
HR managers are generally staff managers
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Going global
Embracing new technology
Managing change
Managing talent human capital
Containing costs
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GOING GLOBAL
In competitive business arena companies & managers
have to maintain a balance between global
organizations as well as managers
Training & development program for understanding foreign cultures
& practices
HR managers must adjust compensation plans of employees
working abroad to ensure that they receive fair & equitable pay
where living costs differ
Retaining the employees in the face of cultural shock
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EMBRACING NEW
TECHNOLOGY.
Flexibility
Compatibility
User friendliness
Implementation
Budget
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MANAGING CHANGE
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CONTAINING COSTS.
Sometimes there is an increasing
pressure to lower costs & improve
productivity to maximize
efficiency
There are some approaches to do
this:
Downsizing
Outsourcing
Off shoring
Employee leasing
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Downsizing:
Planned elimination of jobs
To meet shareholders expectations
as well as to reduce direct costs
without compromising their quality
of production some jobs/positions
are need to remove
Outsourcing:
Hiring employees from outside the
organization for doing the tasks
that are not possible by the internal
employees
Companies often hire advertising
firms toMaksuda
handle
promotion;
law firms
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Employee leasing:
Temporary leasing
Permanent leasing
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Problems of HRM in
Bangladesh
Problems of HRM in
Bangladesh
19
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