Tuesday, 13 May 2014

What is Human Resource Management

What is Human Resource Management

Human resource management is the utilization of individuals to achieve organization objectives. 

What are The Human Resource Management Functions: 

people who are engaged in the management of human resource develop and work through an integrated HRM system.these are five functions: 
 (1)Staffing: (Human Resource Management) 
Staffing is the process through which an organization ensure that it always has the proper number of employees with the appropriate skills in the right jobs,at the right time,to achieve organization objectives. staffing involves job analysis,human resource planning,recruitment,and selection
 2) Human resource development HRD: (Human Resource Management)
HRM is a major function consisting not only of training and development but also of individual career planning and development activities,organization development,performance management and appraisal. *Career planning: is an on going process whereby individual sets career goals and identifies the means to achieve them. *Career development: is a formal approach used by the organization to ensure that people unit the proper qualifications and experiences are available when needed. *Organization development: is the planned process of improving an organization by developing its structures,systems,process to improve effectiveness and achieving desired goals. 
3)Compensation:(Human Resource Management)
A well thought out compensation system provide employees with adequate and equitable for their contributions to meeting organizational goals. 
*Direct financial compensation 
*Indirect financial compensation 
*Non financial compensation. 
 4)Safety and Health:(Human Resource Management)
Safety involves protecting employees from injuries caused by work related accident health refers to the employees freedom from physical or emotional illness.
 5)Employee and labour relation: (Human Resource Management)
It is a business is required by law to recognize a union and bargain with it in good faith if the firm's employees want the union to represent them. In the past this relationship was accepted way of life for many employees but most firms today would rather have a union free environment.
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