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Meaning, Objectives, Scope and Functions Article shared by: Meaning, Objectives, Scope and Functions! In common parlance, human resources means the people. However, Hrm and staffing function management experts have defined human resources differently. For example, Michael J.
According to Leon C. Sumantra Ghosal considers human resources as human capital. He classifies human capita into three categories-intellectual capitals, social capital and emotional capital. Intellectual capital consists of specialized knowledge, tacit knowledge and skills, cognitive complexity, and learning capacity.
Social capital is made up of network of relationships, sociability, and trustworthiness Emotional capital consists of self-confidence, ambition and courage, risk-bearing ability, and resilience. Now it is clear from above definitions that human resources refer to the qualitative and quantitative aspects of employees working in an organisation.
Let us now define human resource management. In simple words, HRM is a process of making the efficient and effective use of human resources so that the set goals are achieved.
Let us also consider some important definitions of HRM. Since every organisation is made up of people, acquiring their services, developing their skills, motivating them to higher levels of performance and ensuring that they continue to maintain their commitment to the organisation are essential to achieving organisational objectives.
Thus, HRM can be defined as a process of procuring, developing and maintaining competent human resources in the organisation so that the goals of an organisation are achieved in an effective and efficient manner. In short, HRM is an art of managing people at work in such a manner that they give their best to the organisation for achieving its set goals.
The primary objective of HRM is to ensure the availability of right people for right jobs so as the organisational goals are achieved effectively. This primary objective can further be divided into the following sub-objectives: To help the organisation to attain its goals effectively and efficiently by providing competent and motivated employees.
To utilize the available human resources effectively. To develop and maintain the quality of work life QWL which makes employment in the organisation a desirable personal and social situation. To help maintain ethical policies and behaviour inside and outside the organisation.
To establish and maintain cordial relations between employees and management. Werther and Davis have classified the objectives of HRM into four categories as shown in table 1.
Essays - largest database of quality sample essays and research papers on Hrm And Staffing Function. Human Resource Management is the process of recruiting, selecting, inducting employees, providing orientation, imparting training and development, appraising the performance of employees, deciding compensation and providing benefits, motivating employees, maintaining proper relations with employees and their trade unions, ensuring employees safety, welfare and healthy measures in compliance. Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human Resource Management can also be performed by line managers. Human Resource Management is the organizational.
HRM Objectives and Functions: The scope of HRM is, indeed, very vast and wide. It includes all activities starting from manpower planning till employee leaves the organisation. The same forms the subject matter of HRM.
As the subsequent pages unfold, all these are discussed, in detail, in seriatim. The Labour or Personnel Aspect: This is concerned with manpower planning, recruitment, selection, placement, transfer, promotion, training and development, lay-off and retrenchment, remuneration, incentives, productivity, etc.
It deals with working conditions, and amenities such as canteen, creches, rest and lunch rooms, housing, transport, medical assistance, education, health and safety, recreation facilities, etc.
This covers union-management relations, joint consultation, collective bargaining, grievance and disciplinary actions, settlement of disputes, etc. We have already defined HRM. The definition of HRM is based on what managers do.
The functions performed by managers are common to all organizations. For the convenience of study, the function performed by the resource management can broadly be classified into two categories, viz.Strategic Human Resource Essay - Human Resource Management is defined as the management of activities undertaken to attract, develop, motivate, and maintain a high performing work force in .
Find IT and Non-IT jobs or hire temp talent from one of the largest staffing companies in the US. When hiring, HRM considers a variety of factors, including an expectation that all new hires will be proficient with Microsoft Office,Word, Excel and quick books, all central to .
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The major functional areas in human resource management are recruitment and selection (staffing), employee orientation, training and development, compensation and employee benefits, assessing employee performance, career planning and development, job analysis, human resource planning and auditing, welfare, healthy and safety measures of employees and maintaining labour relations. This one day program is designed to provide participants to deal with multi-cultural diversity issues in the workplace and to acquire the intercultural communication skills needed in today’s culturally diverse working environment. Innovic India Pvt. Ltd. offers Industrial training, PLC, SCADA, Panel designing, digital marketing, Auto CAD in Delhi NCR @ affordable fees with % Job guarantee.
Of all the support functions, the HRM (Human Resource Management) function is a critical component of any organization. Apart from finance, which serves as the lifeblood of the organizational support functions, the HRM function more than any other support function, has the task of ensuring that the.
Unit-1 Human Resource Management (HRM) Meaning and Definition It is concerned with people at work Managing the people at work Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of.