What is human resource What is human resource managementmanagement

Getting the people who can make an Getting the people who can make an organization.organization.

Enabling those people to acquire Enabling those people to acquire required capabilities to make a required capabilities to make a successful organization.successful organization.

Motivating them to contribute their Motivating them to contribute their resources continuously for running resources continuously for running the organization.the organization.

DefinitionDefinition

human resource management human resource management Staffing function of the organization. Staffing function of the organization. It includes the activities of human It includes the activities of human resources planning, recruitment, resources planning, recruitment, selection, orientation, training, selection, orientation, training, performance appraisal, performance appraisal, compensation, and safety.compensation, and safety.

Functions of human resource Functions of human resource managementmanagement

Managerial FunctionManagerial Function

Operative FunctionOperative Function

Managerial FunctionManagerial Function

Planning Planning Organizing Organizing DirectingDirecting ControllingControlling

Planning Planning

It is a Predetermined course of action, It It is a Predetermined course of action, It involves planning of human resources, involves planning of human resources, requirement, recruitment, selection, requirement, recruitment, selection,

training etc. It also involves forecastingtraining etc. It also involves forecasting of personnel needs, changing values, of personnel needs, changing values,

attitudes, behavior of the employees attitudes, behavior of the employees and their impact on the organization. and their impact on the organization.

Organizing Organizing

It is structure and a process by which a co operative group of human beings

allocates its tasks among its members, identifies,

relationships and integrates its activities towards a common

objectives

DirectingDirecting

The directing function at any level of The directing function at any level of HRM is HRM is

motivating, commanding, Leading and motivating, commanding, Leading and activating people. The willing and activating people. The willing and

effective cooperation of employees effective cooperation of employees for the attainment of organizational for the attainment of organizational

goals through proper direction.goals through proper direction.

ControllingControlling

Controlling involves checking, verifying Controlling involves checking, verifying and comparing of the actual with the and comparing of the actual with the plans, identification of the deviations plans, identification of the deviations

if any and correcting of identified if any and correcting of identified deviations. deviations.

Operative FunctionOperative Function

EmploymentEmployment Human resources developmentHuman resources development CompensationCompensation Human RelationsHuman Relations Industrial RelationsIndustrial Relations

EmploymentEmployment

It is concerned with securing and It is concerned with securing and employing the people possessing the employing the people possessing the required kind and level of human required kind and level of human resource necessary to achieve the resource necessary to achieve the organizational objectives.organizational objectives.

It covers functions such as job analysis, It covers functions such as job analysis, human resource planning, recruitment, human resource planning, recruitment, selection, placement, induction and selection, placement, induction and internal mobility.internal mobility.

Job analysisJob analysis

It is the process of study and It is the process of study and collection of information relating to collection of information relating to the operations and responsibilities of the operations and responsibilities of a specific joba specific job

Human resource planningHuman resource planning

It is a process for determining and It is a process for determining and assuring that the organization will assuring that the organization will have an adequate no of qualified have an adequate no of qualified persons, available at proper time, persons, available at proper time, Performing jobs which would meet Performing jobs which would meet the needs of the organization and the needs of the organization and which would provide satisfaction to which would provide satisfaction to the individual involved.the individual involved.

RecruitmentRecruitment

It is the process of searching for It is the process of searching for prospective employees and prospective employees and stimulating them to apply for job in stimulating them to apply for job in an organization.an organization.

SelectionSelection

It is a process of ascertaining the It is a process of ascertaining the qualifications, experiences, skills, qualifications, experiences, skills, knowledge etc. of an applicant with a knowledge etc. of an applicant with a view to appraising his/her suitability view to appraising his/her suitability to a job.to a job.

PlacementPlacement

It is a process of assigning the It is a process of assigning the selected candidate with the most selected candidate with the most suitable job in terms of job suitable job in terms of job requirements. It is matching of requirements. It is matching of employee specifications with job employee specifications with job requirement.requirement.

Induction and OrientationInduction and Orientation

Induction and orientation are the Induction and orientation are the techniques by with a new employee techniques by with a new employee is rehabilitated in the change is rehabilitated in the change surrounding and introduced to the surrounding and introduced to the practices, policies, procedures, practices, policies, procedures, purposes and people etc of the purposes and people etc of the organization.organization.

Human resources Human resources developmentdevelopment

It is the process of improving, It is the process of improving, moulding and changing the skills, moulding and changing the skills, knowledge, creative ability, aptitude, knowledge, creative ability, aptitude, attitude, values, commitment etc. attitude, values, commitment etc. based on present and future job and based on present and future job and organizational requirement. organizational requirement.

Performance appraisalPerformance appraisal

It is the systematic evaluation of It is the systematic evaluation of individuals with respect to their individuals with respect to their performance on the job and their performance on the job and their potential for development.potential for development.

TrainingTraining

It is the process of Improving to the It is the process of Improving to the employees technical and operating employees technical and operating skills and knowledge. skills and knowledge.

Internal mobilityInternal mobility

TransferTransfer PromotionPromotion DemotionDemotion

CompensationCompensation

It is the process of providing It is the process of providing adequate, equitable and fair adequate, equitable and fair remuneration to the employees.remuneration to the employees.

It includes job evaluation, wage and It includes job evaluation, wage and salary administration, incentives, salary administration, incentives, bonus, fringe benefits, social security bonus, fringe benefits, social security measures etc. measures etc.

Fringe benefitsFringe benefits

Some of these benefits are: housing Some of these benefits are: housing (employer-provided or employer-paid), (employer-provided or employer-paid), group insurance (health, dental, life group insurance (health, dental, life etc.), disability income protection, etc.), disability income protection, retirement benefits, daycare, tuition retirement benefits, daycare, tuition reimbursement, sick leave, vacation reimbursement, sick leave, vacation (paid and non-paid), social security, (paid and non-paid), social security, profit sharing, funding of education, and profit sharing, funding of education, and other specialized benefits.other specialized benefits.

Human RelationsHuman Relations

Practicing various human resources policies and Practicing various human resources policies and programs like employment, development and programs like employment, development and compensation and interaction among employees compensation and interaction among employees create a sense of relationship between the create a sense of relationship between the individual worker and management, among individual worker and management, among workers and trade unions and the management.workers and trade unions and the management.

It is an area of management in integrating people It is an area of management in integrating people into work situation in a way that motivates them into work situation in a way that motivates them to work together productively, cooperatively and to work together productively, cooperatively and with economic, psychological and social with economic, psychological and social satisfaction.satisfaction.