2. Definition
Human Resource Management is an organizational functions that concentrates
on staffing/recruiting, managing and directing the people who work for company.
HRM is a process of bringing organization and people altogether in order to meet
the goals of both.
3. Nature
HRM involves management functions like planning, organizing directing
controlling.
It involves procurement, development, maintenance and management of human
resource.
It involves team spirit and team work.
HRM is mighty disciplinary subject.
4. Scope
Human Resource Planning.
Job analysis design.
Recruitment and selection.
Training and development.
5. Objective
Ensuring availability of resources, easy access to data, on-time payroll, ensuring
compliances
HRM objectives are basically influenced by organizational goals and vertical
To ensure a stable work environment with data in one place and efficient
operations.
It consist of three main objectives like Personal, Functional, Organizational &
Social.
6. Principles of HRM
Principles
of HRM
Individual
Developme
nt
Scientific
Selection
Free flow of
communica
tion
Participatio
n
Fair
Remunera
tion
incentive
8. Functions of HRM
Recruitment and Hiring
Managing employee and
employer relationship
Creating a rewarding company
culture
Onboarding and ongoing
training and Development
Functions of HRM
11. Conclusion
HRM is a field of management which do the all the activity related to employee
from recruitment to the planning.
HRM is an important investment for any business as it allows companies to
remain both productive and profitable.