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Nature and Functions of HRM

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Page 1: Nature and Functions of HRM

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Human Resource Management

Page 2: Nature and Functions of HRM

1) Providing qualified, well-trained employees for the organization.

2) Maximizing employee effectiveness in the organization.

3) Satisfying individual employee needs through monetary compensation, benefits, opportunities to advance, and job satisfaction.

Vital to All

Organizations

Human resource management - function of attracting, developing, and retaining enough qualified employees to perform the activities necessary to accomplish organizational objectives. Three main objectives:

Page 3: Nature and Functions of HRM

Definition

• What Is Human Resource Management (HRM)?– The policies and practices involved in carrying

out the “people” or human resource aspects of a management position, including recruiting, screening, training, rewarding, and appraising. (Dessler)

Page 4: Nature and Functions of HRM

Human Resource

Responsibilities

Page 5: Nature and Functions of HRM

Nature of HRM

• Concerned with managing people• Concerned with employee both as individual as

well as group• Concerned with helping employee to develop their

potentialities• Concerned with developing the maximum

satisfaction of employees• It is continuous in nature• Directed towards achievement of objectives• Universal existence

Page 6: Nature and Functions of HRM

Functions

Managerial

Operative

Page 7: Nature and Functions of HRM

Managerial

• Planning

• Organizing

• Staffing

• Directing

• Controlling

Page 8: Nature and Functions of HRM

Functional

1. Procurement function: The first operative function of personnel management is procurement. It is concerned with procuring and employing people who possess necessary skill, knowledge and aptitude. Under its purview you have job analysis, manpower planning, recruitment, selection, placement, induction and internal mobility. 

Page 9: Nature and Functions of HRM

Functional

2. Development: It is the process of improving, moulding, changing and developing the skills, knowledge, creative ability, aptitude, attitude, values and commitment based on present and future requirements both at the individual’s and organisation’s level.

Page 10: Nature and Functions of HRM

Functional

3. Motivation and compensation: It is a process which inspires people to give their best to the organisation through the use of intrinsic (achievement, recognition, responsibility) and extrinsic (job design, work scheduling, appraisal based incentives) rewards.

Page 11: Nature and Functions of HRM

Functional

4. Maintenance: It aims at protecting and preserving the physical and psychological health of employees through various welfare measures.

Page 12: Nature and Functions of HRM

Functional

5. Integration function: This tries to integrate the goals of an organisation with employee aspirations through various employee-oriented programmes, like redressing grievances promptly, instituting proper disciplinary measures, empowering people to decide things independently, encouraging a participative culture, offering constructive help to trade unions etc.

Page 13: Nature and Functions of HRM

Functional

6. Emerging issues: Effective management of human resources depends on refining HRM practices to changing conditions. Hence the need to look at other important issues that can motivate people to give their best in a dynamic and ever-changing environment.