What Is Human Resource Management?

Human Resource Management Meaning & Definition

Employee management

Human Resource Management

Recruitment management

Payroll Management

HRM Shift management

Leave Management Attendance management

HRM as field of study HRM is a multidisciplinary field of study, it derives its theories and practices from 4 domains

Economics

Sociology

Psychology

Law

Nature of Human resource management -

Pervasive in nature, HR is a part of every function in an organisation.

People oriented and based on human relations, every person is different and has different needs Problem solving Comprehensive function, caters to the needs of all the employees at all levels Continuous function, needs alertness of HR team at all times, for day to day issues

Human Resource Management Processes and policies aimed at optimisation of human capital

Human Capital Capabilities Skills Knowledge Life experiences Creativity of the workforce of an organisation is the Human capital of that organisation

Recruitment Development and training Performance Motivation Industrial relations

Role of HRM

Acquisition of talent

Employee development

Employee motivation

Employee retention

Aims of HRM

Personal objectives - alignment of individuals personal goals with organisational goals

Functional objectives - maintenance of departmental contribution to the overall organisational goal

Organisational objectives - recognition of role of HRM in the achievement of organisational goals.

Societal objectives - ethical social responsibility towards employees while maintaining efficiency and achieving organisational goals

Objectives of HRM

● ● ● ● ● ● ● ● ● ●

Sympathetic attitude Integrity Quick decision making Patience Formal authority Good communication Leadership Social responsibility Problem solving People skills

Qualities of a HR Manager

Employment policy Onboarding and offboarding policy Harassment policy Leave policy Employee conduct, attendance and punctuality policy Remote work policy Safety and health policy

Key elements of a HR policy

Planning HRM strategies and objectives Organisational structure and manpower requirements Market analysis and Job analysis Developing human resource plans

HR Processes