Introduction to HumanResource Management (HRM)
What is Human Resource Management?
According to various
authors there are many HRM definitions. Below are few of them.
Edwin
Flippo - “planning,
organizing, directing, controlling of procurement, development, compensation,
integration, maintenance and separation of human resources to the end that
indivi dual, organizational and social objectives are achieved”
Pigors and
Myers – “It is basically a method of
developing potentialities of employees so that they feel maximum satisfaction
of their work and give their best efforts to the organization”.
Byars and
Rue – “Human resource management
encompasses those activities designed to provide for and coordinate the human
resources of an organization Human resource functions refer to those tasks and
duties performed in organizations to provide for and coordinate human
resources”.
Ivancevich
and Glueck – “Human resource management is
the function performed in organizations’ that facilitate the most effective use
of people (employees) to achieve organizational and individual goals”.
10 Reasons HRM is important to an Organization
· Strategic management – Based on the evaluation of employee
performance management can take best decision by optimizing cadre for future
business opportunities.
· Wages & salaries – HRM specialist maintain salary structures
with other business competitors and it will ensure wages and salary cost within
company financial structure.
· Analyzing benefits – by maintaining strength employee
relationship can reduce employee turnover & recruiting cost.
· Safety & Risk management – Company engage to ensure employee safety
and health while working environment. This will maintain high brand value to
company.
· Minimizing liability issues – HR employee good relationship reduce
company expose to violations complains against unfair employment practices.
· Training & Development – Proving training & development brings
attraction towards their jobs leads to effectiveness or high performance.
· Employee satisfaction – Employee welfare rewarding leads employee satisfaction as well as employee retention.
· Recruitment & onboarding – Systematic and see-through recruitment process is the key part of HRM of an organization.
· Hiring process – good hiring decision will lead company success with suitable candidates for correct positions.
· Maintaining compliance – HR workers need to ensure all employment related activities are obeyed with employee relationship law of country
References
· Whatishumanresource.com,
viewed 31 May 2020,
<http://www.whatishumanresource.com/human-resource-management>
·
Economics
Discussion-Definition of Human Resource Management, viewed 31 May 2020, <
https://www.economicsdiscussion.net/human-resource-management/definition-of-human-resource-management/31830
>
·
2019,
Small Business - Chron.com- 10 Reasons HR Is Important to an
Organization, viewed 31 May 2020,
<
https://smallbusiness.chron.com/10-reasons-hr-important-organization-22424.html>
·
GISMA Business School - The importance of Human Resource Management, viewed 31 May 2020, < https://www.gisma.com/blog/the-importance-of-human-resource-management#:~:text=HRM%20can%20be%20defined%20as,an%20edge%20over%20their%20competition.>
Hi Naleen. What are the benefits of HRM for employees?
ReplyDeleteThere are lots of advantages to employees through HRM. Basically employee welfare, rewarding, appraiser, training are some of them. Main requirement and objective of HRM system is to ensure employee job satisfaction by fairly providing what they want.
DeleteNaleem, what are methods/ options used in companies to enhance "employee satisfaction"
ReplyDeleteMain methods are Investing in employees by offering training, up-skilling, mentoring or coaching . It can be enhanced their satisfaction and engagement with the business
DeleteWhat are the future challengers of HR Managers?
ReplyDeleteHR managers believe that in the next few years, major battle will be retaining talented and well-performing employees. Well talented employees always try to find place with more benefits. This would be a main issue in future
DeleteNaleen, What kind of challenges will be face in future of HRM. So what action do you suggest to get on today to future of HRM.
ReplyDeleteIn the next few years, major battle will be retaining talented and well-performing candidates. Moreover, it is going to become even worse to recognize and reward the real performers as the market competitiveness is growing and that needs more collaborated efforts to establish loyalty among employees. HR professional will focus on the entire worker relationship with the company, from benefits to training to career .
DeleteHow training & development helps to enhance the productivity of an organization?
ReplyDeleteI explained about training and development my next article-https://naleentmb19034138.blogspot.com/2020/07/employee-training-and-development.html?m=1
DeleteHi Naleen,
ReplyDeleteHuman resource management is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage.But with the Covid-19 in the current world of economic downturns, what do You think the most important of the functions mentioned here would be the Managerial functions or Operative functions ?
managers and leaders should focus on Health and safety is the first thing behalf of other things.Pandemics are a public issue first and a business issue second. Hence, it is important for the public and private sector to come together to provide an adequate and comprehensive response to a pandemic event.
DeleteHi Naleen,
ReplyDeleteHow the effectiveness of training and development can be measured?
ways to measure training effectiveness:
Delete1.Visual Confirmation
2.Social Ownership
3.Skill Assessments
providing a new way to get employees involved and engaged to increase training effectiveness. These are just 3 ways organizations can improve the way they measure training effectiveness.
Naleen,What can HRM do to improve employee engagement?
ReplyDeleteThere are strategies that HR professionals can deploy to better engage employees with their work and with your organisation.
Delete1. Communicate deliberately and regularly
2. Invest in wellbeing
3. Invite feedback – and act on it
4. Define your organisation’s purpose – and share it
5. Empower your people
6. Recognise good work
introducing an incentive-based scheme or awards programme are great ways of cultivating a culture of public thanks and recognition.
Human resource management concerns itself about humans in the Organization.It has developed from the personnel department. The main idea of HRM is to distribute the functions of personnel department over a large number of people making everybody responsible for something and decreasing the costs.The human resource management is very useful for firms to achieve their goals.
ReplyDelete