-concepts - Functions - Features - challenges

Some definitions…  Human resource management (HRM), or staffing, is the management function devoted to acquiring, training, appraising, and compensating employees

 Organization’s methods and procedures for managing people to enhance skills and motivation  Activities to enhance the organization’s ability to attract, select, retain and motivate people

Understanding of HRM  HRM is a management function concerned with Hiring, Motivating, and Maintaining people in the organisation.  It focuses on people in the organisation.  HRM is broad concept Personnel Management (PM) & Human Resource Development are part of HRM.

Traditional HR Functions

The Context of HRM

The HR Functions

Functions of HRM  Human Resource Planning  Job Analysis & Design  Recruitments & selection

 Orientation  Training & development  Performance appraisal  Compensation management  Industrial relations

Objectives of HRM  Helps in professional growth  Better relations with Unions and Management  Team building  Strategic HR role

Challenges of HRM  Employee retention  Diversity in workforce  Growing women workforce  Total Quality Management

 Technology  Internet revolution  Uncertain business market