What is Human Resource Management (HRM)?

ByAdmin

Human Resource Management (HRM) is the activity related to, the effective and efficient use of human resources in a manner that can provide employee satisfaction and development to achieve the objectives of an organization. The role of HRM practices is to manipulate the workers within an organization to achieve the organization’s mission and strengthen the organization’s culture. HRM is employee management with importance on those employees as assets of the workplace. Human resource management is known by various names. They are as follows,

  • Personal Management
  • Manpower Management
  • People Management
  • Staff Management
Human Resources Management (HRM)

Characteristics of Human Resource Management

  • A living and active resource
  • There is also the power to think, feel & react
  • Value increases over time with training and experience
  • Ability to influence labor costs
  • Ability to work in a team
  • It has different behavioral characters
  • Flexible resources

Objectives of Human Resource Management

  • Help the organization to achieve its objectives by guiding and maintaining productive employee
  • Effectively and efficiently make use of the skills and abilities of each employee
  • Build and maintain a positive workplace relationship within the organization
  • Effectively transfer relevant company rules and regulations to employees
  • Ensuring that employees are properly trained
  • Providing instruction regarding how employees should influence external factors related to the organization

“You must treat your employees with respect and dignity because in the most automated factory in the world, you need the power of human mind. That is what brings in innovation. If you want high quality minds to work for you, then you must protect the respect and dignity.” – Mr. N.R. Narayana Murthy, Chairman Emeritus, Infosys Ltd.

Functions of Human Resource Management

Human Resource Management is divided into various functions. These functions include pre-employment and post-employment, with an HR manager assigned to each. These are some of the functions that cover the HRM fully.

  • Job design
  • Job analysis
  • Human Resource Planning
  • Recruitment
  • Selection
  • Induction
  • Performance evaluation
  • Training and Development
  • Employee Movements
  • Welfare Administration
  • Safety and Health Administration
  • Pay Management
  • Grievances Handling
  • Discipline and Administration
  • Labor Relations

These are some common functions that come under the HRM

The importance of Human Resource Management

Human Resources is an important sight of any organization, from improving workers well being to facing the risk. Without proper HR management, employees will face difficulties to cope with their peers. A strong HR department supported HR leaders, proper HR plans are leading an organization to ensure employee satisfaction, productivity, and future growth.

Satisfied employees are the foundation of a prosper organization. Also, the importance of human resource management is to help the employees to maintain good work-related relationships among themselves. That’s why every organization needs experienced and efficient HR managers with effective HRM skills

“Our progress as a nation can be no swifter than our progress in education. The human mind is our fundamental resource.” – John F. Kennedy (35th President of the United States)

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