Meaning of Human Resource Management HRM
HRM way to Select, Develop, Motivate in addition to Maintain human resources, inward the organisation. It kickoff selects the correct human resources or staff (i.e. managers in addition to employees). It trains in addition to develops them. It motivates them yesteryear giving them recognition in addition to rewards. It likewise provides them alongside the best working conditions.
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HRM is conduct concerned alongside the "people" of the organisation. It is people oriented process. That is, it manages people at work.
Features of Human Resource Management HRM
Following is the nature or features of Human Resource Management HRM :-
1. HRM equally a Process
HRM is a physical care for of iv functions :-
- Acquisition of human resources : This role includes Human Resource Planning, Recruitment, Selection, Placement in addition to Induction of staff.
- Development of human resources : This role includes Training in addition to Development in addition to Career development. The knowledge, skills, attitudes in addition to social behavious of the staff are developed.
- Motivation of human resources : This role includes giving recognition in addition to rewards to the staff. it likewise includes Performance Appraisal in addition to treatment the problems of staff.
- Maintenance of human resources : This role includes providing the best working atmospheric condition for employees. It likewise looks subsequently the wellness in addition to security of the staff.
2. Continuous Process
HRM is non a erstwhile process. It is a continuous process. It has to continuously alter in addition to accommodate according to the changes inward the environment, changes inward the expectations of the staff, etc. HRM has to give continuous preparation in addition to evolution to the staff due to changes inward technology.
3. Focus on Objectives
HRM gives a lot of importance to achievement of objectives.
The iv principal objectives HRM has to accomplish are :-
- Individual objectives of the staff.
- Group or Departmental objectives.
- Organisational objectives.
- Societal objectives.
4. Universal Application
HRM has universal application. That is, it tin live on used for concern equally good equally for other organisations such equally schools, colleges, hospital, religious organisations, etc.
5. Integrated occupation of Subsystems
HRM involves the integrated occupation of sub-systems such equally Training in addition to Development, Career Development, Orgnisational Development, Performance Appraisal, Potential Appraisal, etc. All these subsystems increment the efficiency of the staff in addition to convey success to the organisation.
6. Multidisciplinary
HRM is multidisciplinary. That is, it uses many dissimilar subjects such equally Psychology, Communication, Philosophy, Sociology, Management, Education, etc.
7. Developes Team Spirit
HRM tries to develop the squad spirit of the sum organisation. Team spirit helps the staff to piece of work together for achieving the objectives of the organisation. Now-a-days to a greater extent than importance is given to squad piece of work in addition to non to individuals.
8. Develops Staff Potentialities
HRM develops the potentialities of the staff yesteryear giving them preparation in addition to development. This volition brand the staff to a greater extent than efficient, in addition to it volition give them to a greater extent than project satisfaction.
9. Key Elements for solving problems
Today, nosotros pick out rapid technological, managerial, economical in addition to social changes. These changes convey many problems. HRM continuously tries to solve these problems.
10. Long Term Benefits
HRM brings many long term benefits to the individuals (staff), the scheme in addition to the society. It gives many fiscal in addition to non-financial benefits to the staff. It improves the icon in addition to profits of the organisation. It likewise provides a regular render of adept lineament goods in addition to services at reasonable prices to the society.
Scope of Human Resource Management HRM
The Scope of Human Resource Management HRM is discussed below :-
1. Human Resource Planning (HRP)
HRP estimates the manpower need in addition to manpower render of the organisation. It compares the manpower need in addition to manpower supply. If in that location is manpower surplus in addition to hence it gives voluntary retirement, lay-off, etc. to or hence employees. If in that location is manpower shortage in addition to hence it hires employees from outside, gives advertisement to employees, etc.
2. Acquisition Function
Acquisition role includes Human Resource Planning, Recruitment, Selection, Placement in addition to Induction of employees. HRM uses the scientific choice physical care for for selecting the correct human being for the correct post. The "right man" is given proper placement in addition to induction.
3. Placement Function
HRM likewise performs the placement function. Placement is done subsequently choice of employees. It way to pose the correct human being inward the correct house of work. Proper placement gives project satisfaction to the employees, in addition to it increases their efficiency.
4. Performance Appraisal
HRM likewise conducts a performance appraisal. Performance appraisal is a systematic evaluation of the employees' performance at work. It informs the employees close their strengths in addition to weakness. It likewise advises them close how to increment their strengths in addition to withdraw their weaknesses.
5. Career Development
HRM likewise helps the employees inward planning in addition to developing their careers. It informs them close hereafter promotions in addition to how to instruct these promotions. It helps them to grow in addition to develop inward the organisation.
6. Training in addition to Development
HRM likewise provides preparation in addition to evolution to the employees. Training way to increment the knowledge in addition to skills of the employee for doing a item job. Training given to managers is called development. So, preparation is given to employees piece evolution is given to managers.
7. Quality of Work Life (QWL)
HRM likewise includes Quality of Work Life. QWL is a technique for improving productivity in addition to lineament of work. It involves labour management co-operation, collective bargaining in addition to participative management.
QWL provides adept working conditions, project security, adept pay in addition to other facilities such equally flexible working hours, liberty to propose changes or improvements, etc. OWL creates a feel of belonging. This benefits the scheme equally good equally the private employees.
8. Employees' Welfare
HRM provides employee's welfare. Welfare measures include paid holidays, medical insurance, canteen facilities, recreation facilities, balance room, carry facilities, etc. Proper in addition to timely welfare facilities motivate the employees to piece of work difficult inward the organisation.
9. Compensation Function
Employees must live on rewarded in addition to recognised for their performance. HRM makes proper compensation packages for the employees. These packages motivate the employees in addition to increment their morale. Rewards are given to individuals, in addition to teams. The rewards may live on inward the cast of higher pay, bonus, other monetary incentives, in addition to non-monetary incentives such equally a certificate of appreciation, etc.
10. Labour Relations
HRM is likewise includes industrial relations. It includes matrimony management relations, articulation consultations, negotiating, collective bargaining, grievance handling, disciplinary actions, small town of industrial disputes, etc.
11. Maintenance Function
HRM likewise performs the maintenance function. That is, protecting in addition to promoting the wellness in addition to security of the employees. HRM introduces wellness in addition to security measures. It likewise provides other benefits such equally medical aid, provident fund, pension, gratuity, motherhood benefits, accident compensation, etc., to the employees.
