HRM means to Select, Develop, Motivate and Maintain human resources, in the organization. It first selects the right human resources or staff (i.e. managers and employees). It trains and develops them. It motivates them by giving them recognition and rewards. It also provides them with the best working conditions.
HRM is directly concerned with the "people" of the organisation. It is people oriented process. That is, it manages people at work.
Recruitment
Definition of recruitment
According to Edwin Flippo, “Recruitment is the process of searching for prospective employees and stimulating them to apply for job in the organization”.
Sources/Methods of recruitment:
Sources of recruitment are conveniently divided into two broad categories. These are,
1) Internal sources
2) External sources
1) Internal sources:
a) Promotions
b) Transfers
c) Internal notifications(advertisement)
d) Retirements
e) Recalls
f) Former employees
2) External sources:
a) Campus recruitment/Educational and Training institutions
b) Press Advertisement
c) Management Consultancy Services and Private Employment Exchanges
d) Deputation of personnel or transfer from one enterprise to another
e) Management training Schemes
f) Walk-ins, Write-ins, and Talk-ins
g) Miscellaneous External Sources
Selection
Definition of selection:
According to Thomas H. Stone, “Selection is the process of differentiating between applicants in order to identify (and hire) those with a greater likelihood of success in a job.”
Process of Selection and steps involved:
1) Job analysis
2) Advertisement
3) Collection of Applications/Application Blanks
4) Scrutiny of Applications
5) Trade/Written Test
6) Psychological Tests
7) Personal Interview
8) Reference Check
9) Medical Examinations
10) Final Selection for Appointment
Types of interviews
1) Informal interview
2) Formal interview
3) Individual interview
4) Panel/Board interview
5) Group interview
6) Stress interview
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