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1. Human
Resource
Management
Prepared & Presented By:
DANISH JAVED

2. Definition:
• HRM is planning, organizing directing and controlling
of the procurement , development, compensation ,
integration, maintenance, and separation of human
resources to the end that individual, organizational
and social objectives are accomplished.

3. Meaning of HRM
It is concerned with management of people from
Recruitment to Retirement
To select right person, at the right place for the right job.

4. Operative Functions
Procurement-
planning, Recruitment, Selection,
Induction & Placement.
Development-
Career Planning & Counseling
Compensation-
Wage & Salary administration
Integration Maintenance –
improving work conditions,
retention
Separation -
caused by resignations,
retirement, death, medical
reasons etc
Managerial functions
Planning- plan & research
Organizing- manpower and
resources
Staffing- recruitment &
selection
Directing- issuance of orders
and instructions to follow plan
of action
Controlling – to regulate the
activities

5. Characteristics of HRM
•People oriented
•Action oriented
•Continuous function
•Future oriented
•Challenging function
•Staff function
•Young discipline
•Science as well as Art
•Nervous system

6. Difference b/w HRM & PM
HRM
 Strategic Function
 Modern Approach
 Fast decision making
 Fast communication
 Labour is an asset for
organization
 Pay on performance
evaluation
 Concern with all levels all
management (top to bottom)
PM
 Routine Function
 Traditional Approach
 Slow decision making
 Slow communication
 Labour is a tool and can be
replaced any time
 Pay on job evaluation
 Concerned with personal
manager