Meaning of Human Resource Management HRM
HRM way to Select, Develop, Motivate as well as Maintain human resources, inwards the organisation. It offset selects the correct human resources or staff (i.e. managers as well as employees). It trains as well as develops them. It motivates them yesteryear giving them recognition as well as rewards. It every bit good provides them amongst the best working conditions.
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HRM is straight concerned amongst 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 every bit a Process
HRM is a physical care for of iv functions :-
- Acquisition of human resources : This business office includes Human Resource Planning, Recruitment, Selection, Placement as well as Induction of staff.
- Development of human resources : This business office includes Training as well as Development as well as Career development. The knowledge, skills, attitudes as well as social behavious of the staff are developed.
- Motivation of human resources : This business office includes giving recognition as well as rewards to the staff. it every bit good includes Performance Appraisal as well as treatment the problems of staff.
- Maintenance of human resources : This business office includes providing the best working atmospheric condition for employees. It every bit good looks later on the wellness as well as security of the staff.
2. Continuous Process
HRM is non a former process. It is a continuous process. It has to continuously modify as well as suit according to the changes inwards the environment, changes inwards the expectations of the staff, etc. HRM has to give continuous preparation as well as evolution to the staff due to changes inwards technology.
3. Focus on Objectives
HRM gives a lot of importance to achievement of objectives.
The iv principal objectives HRM has to attain 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 give the axe last used for concern every bit good every bit for other organisations such every bit schools, colleges, hospital, religious organisations, etc.
5. Integrated usage of Subsystems
HRM involves the integrated usage of sub-systems such every bit Training as well as Development, Career Development, Orgnisational Development, Performance Appraisal, Potential Appraisal, etc. All these subsystems increment the efficiency of the staff as well as convey success to the organisation.
6. Multidisciplinary
HRM is multidisciplinary. That is, it uses many dissimilar subjects such every bit Psychology, Communication, Philosophy, Sociology, Management, Education, etc.
7. Developes Team Spirit
HRM tries to develop the squad spirit of the amount 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 as well as non to individuals.
8. Develops Staff Potentialities
HRM develops the potentialities of the staff yesteryear giving them preparation as well as development. This volition brand the staff to a greater extent than efficient, as well as it volition give them to a greater extent than project satisfaction.
9. Key Elements for solving problems
Today, nosotros choose rapid technological, managerial, economical as well as 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 organisation as well as the society. It gives many fiscal as well as non-financial benefits to the staff. It improves the ikon as well as profits of the organisation. It every bit good provides a regular render of practiced character goods as well as 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 as well as manpower render of the organisation. It compares the manpower need as well as manpower supply. If in that location is manpower surplus as well as thus it gives voluntary retirement, lay-off, etc. to only about employees. If in that location is manpower shortage as well as thus it hires employees from outside, gives advertisement to employees, etc.
2. Acquisition Function
Acquisition business office includes Human Resource Planning, Recruitment, Selection, Placement as well as Induction of employees. HRM uses the scientific alternative physical care for for selecting the correct human being for the correct post. The "right man" is given proper placement as well as induction.
3. Placement Function
HRM every bit good performs the placement function. Placement is done later on alternative of employees. It way to lay the correct human being inwards the correct house of work. Proper placement gives project satisfaction to the employees, as well as it increases their efficiency.
4. Performance Appraisal
HRM every bit good conducts a performance appraisal. Performance appraisal is a systematic evaluation of the employees' performance at work. It informs the employees nearly their strengths as well as weakness. It every bit good advises them nearly how to increment their strengths as well as take their weaknesses.
5. Career Development
HRM every bit good helps the employees inwards planning as well as developing their careers. It informs them nearly hereafter promotions as well as how to larn these promotions. It helps them to grow as well as develop inwards the organisation.
6. Training as well as Development
HRM every bit good provides preparation as well as evolution to the employees. Training way to increment the knowledge as well as skills of the employee for doing a item job. Training given to managers is called development. So, preparation is given to employees spell evolution is given to managers.
7. Quality of Work Life (QWL)
HRM every bit good includes Quality of Work Life. QWL is a technique for improving productivity as well as character of work. It involves labour management co-operation, collective bargaining as well as participative management.
QWL provides practiced working conditions, project security, practiced pay as well as other facilities such every bit flexible working hours, liberty to advise changes or improvements, etc. OWL creates a feel of belonging. This benefits the organisation every bit good every bit the private employees.
8. Employees' Welfare
HRM provides employee's welfare. Welfare measures include paid holidays, medical insurance, canteen facilities, recreation facilities, residual room, carry facilities, etc. Proper as well as timely welfare facilities motivate the employees to piece of work difficult inwards the organisation.
9. Compensation Function
Employees must last rewarded as well as recognised for their performance. HRM makes proper compensation packages for the employees. These packages motivate the employees as well as increment their morale. Rewards are given to individuals, as well as teams. The rewards may last inwards the shape of higher pay, bonus, other monetary incentives, as well as non-monetary incentives such every bit a certificate of appreciation, etc.
10. Labour Relations
HRM is every bit good includes industrial relations. It includes matrimony management relations, articulation consultations, negotiating, collective bargaining, grievance handling, disciplinary actions, village of industrial disputes, etc.
11. Maintenance Function
HRM every bit good performs the maintenance function. That is, protecting as well as promoting the wellness as well as security of the employees. HRM introduces wellness as well as security measures. It every bit good provides other benefits such every bit medical aid, provident fund, pension, gratuity, motherhood benefits, accident compensation, etc., to the employees.
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