Human Resource Management Introduction

Every organization is essentially a mixture of materiel and human resource. Human resource refers to the knowledge, ability, education, skill and training of the members of the organization.

HRM involves all management decisions and practices that directly affect or influence the people working for the organization.

A HR manager has to build an effective workforce and handle expectations of the employees to ensure maximum productivity. The actual management of human resources is the responsibility of all the managers in an organization, not the a select group of HR executives.

HRM must act as a link between top management and its employees, arrange and maintain adequate manpower inventory, develop skills and enhance productivity of manpower, ensure and enhance quality of work-life balance.

Scope of HRM :

• HRM in personnel management : involves manpower planning, hiring, training and development, induction and orientation, transfer, promotion, compensation, layoff and retrenchment and productivity.
• HRM in employee welfare : deals with working conditions and amenities at workplace.
• HRM in industrial relations : interact with labour and employee unions, address their grievances and settle disputes if any to maintain order and peace in the organization.

Functions of HRM :

1. Managerial Functions
1. Planning
2. Organizaing
3. Staffing
4. Directing
5. Controlling
2. Operative Functions
1. Employment
1. Job Analysis
2. HR Planning
3. Recruitment
4. Placement
5. Induction
2. Development
1. PErformance Appraisal
2. Training
3. Management Development
4. Career Planning and development
3. Compensation
1. Job Evaluation
2. Wage and Salary Administration
3. Incentives
4. Fringe Benefits
4. Employee Relations

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