Human resource management is “ The planning, organizing, directing, and controlling of procurement, development, compensation, integration, maintenance, and separation of human resource to the end that individual, organizational and social objectives are accomplished”.

1. PRESENTED BY – DEEPALI BODAKE

2. MEANING OF HUMAN RESOURCE
MANAGEMENT
► Human resource management is “
The planing, organizing, directing,
and controlling of procurement,
development, compensation,
integration, maintenance and
separation of human resource to
the end that individual,
organisational and social objectives
are accomplished”.

3. DEFINITION OF HRM
► Prof. K. Aswathappa says that,‘HRM is management function that helps manager
to recruit, select, train, and develop members for an organization‘.

4. ► Principle of individual development = To offer each and every
opportunity to every employee to realize his or her full potential and
capability.
PRINCIPLES OF HUMAN RESOURCE
MANAGEMENT

5. ► Principle of fair remuneration = To
fair and equitable wages and salaries
commiserating with jobs.
► Principle of participation = To
associated employee
representative at every level of
decision making.

6. ► Principal of incentive = To
recognize and reward
performance.
► Principal of team work = To
promote cooperation and team
spirit among employees.

7. ► Principle of free flow of communication = To keep all channels of
communication open and encourage upward, downward, horizontal, formal
and informal communication.