What is HRM

 

What is HRM...….

Human resource management, or HRM, is a tactical approach that manages employees and the entire work culture. The main aim of an effective HRM is to encourage employees to work more efficiently. That increases the productivity of an employee to accomplish individual and organizational goals. A happy, satisfied and productive employee is a valuable asset to any organization. For that reason, all organizations emphasize hiring the right talent and keeping them engaged. In this article, we will understand all the important aspects of HRM.



Human Resource Management (HRM) is the process of employing people, training them, compensating them, formulating policies relevant to them and formulating strategies to retain them. As a field, HRM has undergone many changes over the past twenty years, and it continues to play an even more important role in current organizations. In the past, HRM meant the preparation of payroll, sending birthday gifts to employees, organizing company visits, and ensuring that forms were filled out - in other words, an administrative role rather than a crucial strategic role for an organization's success.

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Why Human Resources are Important for any organization?

Human resources' main role is to improve employee performance, which makes the overall company function better and achieve more. HR services include anything related to managing and developing employees within the organization.


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Key Characteristics of Human Resource Personnel


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Main Roles and Responsibilities of Human Resource Management

1.       Employee Recruitment

Ø  Job Analysis

Ø  Sourcing

Ø  Screening

Ø  Selection



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2.       Employee Onboarding

 Performance Evaluation and Appraisals

Ø  Evaluation

Ø  Compensation

4.       Employee Training and Development




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5.       Safe Working Environment

6.       Dispute Management

7.       Managing Rules and Regulations

8.      Staff Reduction

 


Human resources permeates every layer of an organization, from recruiting to data management.


The importance of human resource management

The purpose of HRM practices is to manage the people within a workplace to achieve the organization's mission and reinforce the cooperate culture. When people management is done effectively, HR managers can help recruit new employees who have the skills to further the company's goals. HR professionals also aid in the training and professional development of employees to meet the organization's objectives.

A company is only as good as its employees, making HRM a crucial part of maintaining or improving the health of the business. Additionally, HR managers monitor the state of the job market to help the organization stay competitive. This could include ensuring compensation and benefits are competitive, events are planned to keep employees from burning out and job roles are adapted based on the market.

 References 

  • University of Minnesota (2016). 1.1 What Is Human Resources? [online] Umn.edu. Available at: https://open.lib.umn.edu/humanresourcemanagement/chapter/1-1-what-is-human-resources/.[Accessed 10 Dec. 2021]
  • www.youtube.com. (n.d.). Is Human Resource Management the right career for you? [online] Available at: https://youtu.be/Jp7oM9mAIXQ [Accessed 11 Dec. 2021] 

·         HUMAN RESOURCE MANAGEMENT CONCEPTS AND PRACTICES books.google.lk › boo...Dr.V.Arul Mary Rexy, Dr.V.Vijayalakshmi , Mrs.N.Kalaivani · 2023).

 



Comments

  1. A good understanding of human resource management is given through this section.

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  2. This blog shows that HRM is all about nurturing a productive work environment by managing employees effectively.


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  3. HRM drives organizational success by managing employees effectively. From recruitment to training and development, HR plays a vital role in nurturing talent and maintaining a productive work environment.

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  4. This article provides a comprehensive overview of Human Resource Management (HRM) and its pivotal role in organizational success. Overall, this article rightly highlights the multifaceted nature of HRM and its critical impact on organizational success. It's an insightful read for anyone looking to understand the strategic importance of human resources in today's workplaces.

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  5. Human resource management is organizing, coordinating, and managing an organization's current employees to carry out an organization’s mission, vision, and goals. This includes recruiting, hiring, training, compensating, retaining, and motivating employees. This blog showing that clearly.

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