BBS MBA II HRM
Human Resource
Management
Chapter 1:
Introduction to Human
Resource Management
Definition: Human resource management (HRM) is concerned with the 'people'
dimension in management. HRM is the term increasingly used to refer to the philosophy, policies, procedures and practices relating to the management of people within organizations.
Human Resource Management is the process of acquiring, training,
appraising, and compensating employees and attending to their labour relations, health and safety, and fairness concerns.
Human Resource Management can be defined as the
implementation of the strategies, plans and programs required to attract, motivate, develop, reward and retain the best people to meet the organizational goals and operational objectives of the organization.
According to Flippo, HRM is "the planning, organizing,
directing and controlling of the procurement, development, compensation, integration, maintenance and reproduction of human resources to the end that individual, organizational and societal objectives are accomplished".
SCOPE:The Indian institute of personnel management has specified the scope as: Personnel aspect:- Planning, recruitment, selection, placement, transfer, promotion, T&D, lay off & retrenchment, remuneration, incentives ect.
Welfare aspects:- working condition, amenities like canteens, crèches, rest room, lunch room, house, transport, medical assistant, education, health and safety, recreation facilities ect
Industrial Relation aspects:- It covers union- mgt relationship, joint consultation, collective bargaining, grievance & disciplinary action, settlement of disputes ect
1.2
HRM Objectives and Functions
Objectives: To recognize and satisfy individual and group needs
by providing adequate and equitable wages, incentives, employee benefits, social security, challenging work, prestige, recognition, security, status etc. Thus an organization can identify and satisfy individual and group goals by offering
Management
Chapter 1:
Introduction to Human
Resource Management
Definition: Human resource management (HRM) is concerned with the 'people'
dimension in management. HRM is the term increasingly used to refer to the philosophy, policies, procedures and practices relating to the management of people within organizations.
Human Resource Management is the process of acquiring, training,
appraising, and compensating employees and attending to their labour relations, health and safety, and fairness concerns.
Human Resource Management can be defined as the
implementation of the strategies, plans and programs required to attract, motivate, develop, reward and retain the best people to meet the organizational goals and operational objectives of the organization.
According to Flippo, HRM is "the planning, organizing,
directing and controlling of the procurement, development, compensation, integration, maintenance and reproduction of human resources to the end that individual, organizational and societal objectives are accomplished".
SCOPE:The Indian institute of personnel management has specified the scope as: Personnel aspect:- Planning, recruitment, selection, placement, transfer, promotion, T&D, lay off & retrenchment, remuneration, incentives ect.
Welfare aspects:- working condition, amenities like canteens, crèches, rest room, lunch room, house, transport, medical assistant, education, health and safety, recreation facilities ect
Industrial Relation aspects:- It covers union- mgt relationship, joint consultation, collective bargaining, grievance & disciplinary action, settlement of disputes ect
1.2
HRM Objectives and Functions
Objectives: To recognize and satisfy individual and group needs
by providing adequate and equitable wages, incentives, employee benefits, social security, challenging work, prestige, recognition, security, status etc. Thus an organization can identify and satisfy individual and group goals by offering