Human Resource Management Meaning of HRM Human Resource Management is a part of the management process which is primarily concerned with the human constituents of the project resources, so as to achieve objectives of the project. The procurement, development, compensation, integration and maintenance of human factor in the project is highly important for the success of the project and together constitute the functions of HR & Admin Department. The following objectives have been defined by the top management for successful completion of the project. • To acquire the right men at the right jobs and in the right number. • To train and develop the procured people adequately. • To motivate, satisfy and maintain high morale of the employees. • …show more content…
It includes: I. Planning: Determination of required personnel in advance, laying down policies, standards and protocols. II. Organising: Establishing an organisational structure by determining and assigning activities to individual, assigning roles, defining authorities and relationships and provision for delegation and coordination. III. Operative Functions are the one related to the maintenance of HR in the organisation. It constitutes of the following functions: I. Procurement of Personnel II. Development of Personnel III. Compensation and Rewards to Employees IV. Maintenance of Personnel V. Integration Staff role has been defined as • Policy Formulation: It constitutes of preparing programmes concerning recruitment, selection, training, appraisal, etc… of employees in consultation with respective departments. • Advising: The HR & Admin department offers suggestions to all other departments like design, finance, execution, etc… regarding management of personnel. • Monitoring and Control: The HR & Admin department evaluates actual performance of personnel with respect to policies and established standards and suggest corrective measures whenever possible.
Armstrong (2009) defines Human Resource Management (HRM) as a strategic, integrated and coherent approach to the employment, development and well-being of the people working in organizations. Similarly, Legge (1989) defines Human resource management as a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an integrated array of cultural, structural and personnel techniques.
As the organisation is moving towards a proactive approach, the HR department needs to be recognised as a core function to address its strategic responsibilities. Therefore, the HR department will need to get its operational house in order, before it can concentrate on strategic human resource management formulation and implementation.
According to the online Business Dictionary (2014) human resource management is hiring employees and developing their skills for them to become an asset to the organization. Human resource management is the process of finding out job requirements and the number of employees needed, sourcing the right people for the job, training them, management of wages and salaries, handing out benefits and incentives, conducting performance evaluations, resolving disputes and communicating with all the employees of the organization. (businessdictionary.com).
Human Resources Management (HRM) terms had widely replace personnel management (PM) as in the process of managing people in the organizations. What actually is human resources management? Well, it is said that human resources management is an organization’s most valuable asset. Organization thinks that human resources department plays a huge role in terms of staffing, training and assisting to manage people so that the employee and the organization are capable to maximize the resources in the organization. (McNamara, 1998). Besides, in the global business, human resources management had effectively replaced other management traditions like Industrial Relations (IR) and Personnel Management (PM) as a tool to reshape
This report will provide descriptions for the functions and process in which Human Resources Managers undertake as part of their profession. Within this assignments missy travel is an independent travel agent that has be designed to demonstrate why Human Recourse Management (HRM) is important to organisations and to establish why HRM use particular theories to minimise cost in the current economic climate.
Human Resource Management (HCM) can be best defined as “the function within an organization that focuses on the recruitment of, management of, and providing direction for the people who work in an organization.” For the successful operation of an organization, the members within HRM department provide the training, legal and management advice, administrative services, knowledge, talent management oversight, and necessary tools.
Human Resource Management (HRM) is a combination of elements that work interdependently on each other to carry out the daily functions within an organization. Human Resources Management operates in several roles serving as a liaison between the organization and the employee. This dual role often present challenges within HRM; therefore it is vital the HRM Department is skilled on various issues that may arise on a daily basis within an organization. In this paper, I will discuss the role of Human Resource Management and the value the HRM Department adds to a team. Moreover, I will confer various duties, and task required b HRM and how they contribute to the efficacy of an organization and employee performance to
In the modern world, every organization and/or business carries out their business in several countries. Multi-national companies will and can adopt different strategies through the people, their employees. The ethical challenges, political and instabilities in the economy, and globalization are issues that are also faced by today business firms are what Human Resource management is all about. In this diversity of Human Resources Management (HRM), the organizations adopt the practices and policies according to the environment and culture.
Leif Edvinsson, Swedish Intellectual and Businessman once said, “The only vital value an enterprise has is the experience, skills, innovate-ness and insights of its people”. The foundation that every successful organization or business is built upon are the people it employees. The talent, skills, experience and worldviews an organization’s employees bring to the table are just as important as the cash, valuables and intellectual property that an organization utilizes to generate income. Without people that have the necessary skill sets and knowledge to make an organization’s capital work, the organization will fail. Given the critical role people play within every organization it is crucial that Human
The primary function of human resource management is to increase the effectiveness and contribution of employees in the attainment of organizational goals and objectives. The following areas of HRM were been
Importance of Human Resource Planning and Compensation and benefits to employees and their roles in aiding an organization achieve its business strategy.
This paper looks at the importance of the HR in an organization emphasis being on the importance of the HR within the warehousing and distribution departments of an organization. The paper further analyzes the importance of human resource management to all other manages in an organization. The functions of the HR as the strategic partner in the organization and also the role the HR plays in employment practices that enable the organization to achieve its goals.
The HR department is also bestowed with the responsibility of planning future organisational goal in relation to people or
Human Resource Planning, Recruitment, and Selection • Conducting job analyses to establish the specific requirements of individual jobs within the organization. • Forecasting the human resource requirements the organization needs to achieve its objectives. • Developing and implementing a plan to meet these requirements. • Recruiting the human resources the organization requires to achieve its objectives. • Selecting and hiring human resources to fill specific jobs within the organization. Human Resource Development • • • • • Orienting and training employees. Designing and implementing management and organizational development programs. Building effective teams within the organizational structure. Designing systems for appraising the performance of individual employees. Assisting employees in developing career plans.
Definition one Integration “HRM may be a sequence of constitutional selections that kind the use relationships their pleasant to the power of the organizations and the employees to get their aims.