Preview

Human resource management

Powerful Essays
Open Document
Open Document
5867 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Human resource management
INTRODUCTION TO HUMAN RESOURCE MANAGEMENT
The Concept of Human Resource Management
Human resources is a term used to refer to how people are managed by organizations. It was basically a traditionally administrative function but with time it focuses and recognizes talented and engaged people and organizational success. Human resources has at least two related interpretations depending on context. The original usage was traditionally called labour. It is a measure of the work done by human beings. This perspective is changing as a function of new and ongoing research into more strategic approaches. This first usage is used more in terms of 'human resources development', and can go beyond just organizations to the level of national importance. The more traditional usage within corporations and businesses refers to the individuals within a firm or agency, and to the portion of the organization that deals with hiring, firing, training, and other personnel issues, typically referred to as 'human resources management'.
The terms "human resource management" and "human resources" (HR) have largely replaced the term "personnel management" as a description of the processes involved in managing people in organizations. In simple sense, HRM means employing people, developing their resources, "personnel management" as a description of the processes involved in managing people in organizations.
Human resource management is to maximize the return on investment from the organization's human capital and minimize financial risk. Presently Human Resource Management is an integral but distinctive part of management. Its objective is the maintenance of better human relations in the organization by the development, application and evaluation of policies, procedures and programs relating to human resources to optimize their contribution towards the realization of organizational objectives. HRM helps in attaining maximum individual development, desirable working relationship between

You May Also Find These Documents Helpful

  • Better Essays

    Human Resources Management (HRM) is the method of using human resources to perform organizational objectives. The lacking effectiveness in human resources management will function improperly in organizations even though there are efficient financial capital, labour, information technology and other resources. HRM covers comprehensive aspects of managing…

    • 1704 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Unit 2

    • 15072 Words
    • 61 Pages

    Human Resource Management (HRM) is the function within an organisation that focuses on recruitment of, management of, and providing direction for the people who work in the organisation. Human Resources are the people that work for an organisation, and HRM is concerned with how these people are managed. However, the term HRM has come to mean more than this because people are different from the other resources that are utilized in running of an organisation. People have thoughts and feelings, aspirations and needs. On the other hand HRM has thus come to refer to an approach, which takes into account…

    • 15072 Words
    • 61 Pages
    Powerful Essays
  • Good Essays

    Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training. Human Resource Management is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization 's goals and objectives (Heathfield, S. M.).…

    • 626 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Human Resource Management

    • 594 Words
    • 2 Pages

    1. Ch 9, page 432, question 6: What is coaching? Is there one type of coaching? Explain…

    • 594 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Human Resource Management

    • 1721 Words
    • 7 Pages

    1) Evaluate the various claims made by the union and counterclaims made by the company regarding the charges of unfair labor practices. Which of the arguments are most persuasive?…

    • 1721 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Human Resource management can be defined as a management of organisation workforce. It is responsible for recruitment and selection, induction and training, promotion and transfers, human resources and manpower planning, rewards and conditions of employment and appraisals and termination of employment. HRM is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organisation 's goals and objectives. (1)…

    • 1042 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Human Resource Management

    • 406 Words
    • 2 Pages

    1. First, how would you recommend we go about reducing the turnover in our stores? , Recruiting and retaining plays a very important role in an organization's efficiency and profitability.. High employee turn over affects companies in a number of ways and are very common in jobs that only require a high school diploma. Every time an employee leaves, he takes with him a major share of valuable organizational knowledge with him. Employees constantly leaving does not give a sense of loyalty from the owners and can discourage others to stay. They must come up with an competitive advantage against competitors that will boost morale, integrity. Recruiting many will give them options and raise them options and possibly raise the bar on being qualified,. But if direct and indirect costs are considered, replacing an employee comes with heavy cost in terms of money and time. High turnover results in employer/managers active involvement in recruiting and training which in affects the efficiency of the business also.…

    • 406 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    The process of hiring and developing employees so that they become more valuable to the organization.Human Resource Management includes conducting job analyses, planning personnel needs, recruiting the right people for the job, orienting and training, managing wages and salaries, providing benefits and incentives, evaluating performance, resolving disputes, and communicating with all employees at all levels.…

    • 343 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Human Resource Management

    • 6466 Words
    • 26 Pages

    2.What particular elements of Trilogy’s culture most likely appeal to the kind of employees it seeks? How does it convey those elements to job prospects?…

    • 6466 Words
    • 26 Pages
    Powerful Essays
  • Best Essays

    Human Resource Management

    • 2657 Words
    • 11 Pages

    This paper was developed by the student Bernardo Mateus, for the subject of Human Resources Management, with the porpoise of commenting the following statement:…

    • 2657 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Human resource management is defined as a strategic approach to manage employment relations with an aim to improve people’s skills and capabilities in order to achieve organisational objectives through distinctive set of integrated employment policies and practices.…

    • 582 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Human Resource Management

    • 942 Words
    • 4 Pages

    Human Resources Planning is defined as the process of assessing an organization’s human resources needs in the light of organizational goals and changing condition and making plans to ensure that a competent, stable workforce is employed. The actual planning process will vary a great deal from organization to organization…

    • 942 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The human resources of an organization consist of all people who perform its activities. Human resource management (HRM) is concerned with the personnel policies and managerial practices and systems that influence the workforce. In broader terms, all decisions that affect the workforce of the organization concern the HRM function.…

    • 3061 Words
    • 13 Pages
    Good Essays
  • Satisfactory Essays

    Human Resource management is all about the management of human beings, obvious but true. It is a term that is used to describe the individuals who make up the workforce of an organization. In basic terms, a company's human resource team should maximize return on investment and minimize financial risk. Human resource managers achieve this by choosing a supply of skilled and qualified individuals and teaming them with the businesses' ongoing and future plans. As mentioned before, this is to maximize the return on investment and secure future success and survival in the business world.…

    • 315 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The human resources of an organization consist of all people who perform its activities. Human resource management (HRM) is concerned with the personnel policies and managerial practices and systems that influence the workforce. In broader terms, all decisions that affect the workforce of the organization concern the HRM function.…

    • 5677 Words
    • 23 Pages
    Powerful Essays