What is Human Resource Management?

Human Resource Management?

Human Resource Management is a organization function designed to maximize the employees' performance

HRM has many definitions published by different authors in the world and let me mention some of them as follows

HRM is the process of acquiring, training, appraising, and compensating employees. It also involves attending to their labor relations, healtRh and safety, and fairness concerns.(Gary Dessler)

HRM is the planning, organizing, directing, and controlling of human resources to achieve organizational, social, and individual objectives. (Edwin Flippo)

Dave Ulrich lists the functions of HR as: aligning HR and business strategy, re-engineering organization processes, listening and responding to employees, and managing transformation and change. ( Human Resource Champions. The next agenda for adding value and delivering results. Boston, Mass., 1996)  

Why HRM Important?

HRM in an organization is very important because it helps organizations achieve the forecasting goals by managing employees. HRM can help organizations

It is the most important resource which is utilized by managers to achieve their goals

HRM also supports the organizations to find, hire and retain the top talented employees
It helps organizations optimize the use of the workplace with the employees

HRM creates a positive peaceful work environment and the culture

In HRM, it is very important to have key factors because the key factors decide the direction of success in an organization in order to achieve its goals. 

Recruitment and selection

It refers to find and to hire qualified candidates to fulfil the recruitment carder in the company.

Training and development

To provide opportunities to learn new skills and improve their existent capabilities trough the training sessions in order to achieve its goals and to become very competitive.

Performance management 

Setting goals, tracking the progress and providing the feedback to improve their performance.

Employee relations

this point is very important because maintaining a good relationship among the employees and the management helps address concerns and resolve the conflicts.

Compensation and benefits

managing employees' salary, bonuses, and the other benefit such as  increment, insurance coverage, travelling facilities etc.

HR planning

forecasting future needs with how to fulfil the gaps and the development strategies according to expected requirements

Employee engagement

creating a positive work environment to motivate and retain the employees. here extrinsic motivational methods can be applied.

Occupational safety and health

To ensure that the employees have the safety working environment by implementing safety procedures and compliance with regulations.

References

Legge, K. and Legge, K., 1995. What is human resource management? (pp. 62-95). Macmillan Education UK.

Ahammad, T., 2017. Personnel management to human resource management (HRM): How HRM functions. Journal of Modern Accounting and Auditing, 13(9), pp.412-420.

Jyothi, P., 2004. Practices of HR functions in a small scale organization. SEDME (Small Enterprises Development, Management & Extension Journal), 31(4), pp.19-26.