2. Human resource management is the strategic and coherent approach to the
effective and efficient management of people in a company or organization
such that they help their business gain a competitive advantage. It is
designed to maximize employee performance in service of an employer’s
strategic objectives.
What is the HRM ?
3. Types of HRM ?
Payroll systems
Training management systems
Employee self – service systems
Applicant tracking systems
4. Purpose
The main aim of HRM is to ensure the right people with the right skills for the right
job position in an organization. The main functions of HRM consist of recruiting,
training, performance appraisal, motivating employees, ensuring their good health
and safety, managing workplace communication, and so on.
5. Four functions
Four basic functions of Human Resource Management are Planning, Directing,
Controlling and Organizing.
6. Functions of Human Resource Management
Planning
Organizing
Directing
Controlling
7. Importance and Limitations of HRM
Human resource management (HRM) is one of the most important aspects of
management. Regardless of which level or department a manager belongs to, he
must know about the basic principles of HRM.
8. HRM systems and software
Faced with rising numbers of contract-based workers and increasingly complex
regulations, HR professionals have turned to HRM software to help them keep
pace with changing workforce environments and people management needs.
Examples of HRM software
Business leaders and HR professionals who are looking for software to help them
accomplish more with less resources generally have three options available to them:p
