Definition 3 –
“HRM planning, organizing, directing and controlling of the procurement, development,compensation, integration, maintenance and separation of human resources to the end thatindividual, organizational and social objectives are accomplished.”
MEANING OF HRM: -
HRM is management function that helps managers to recruit, select, train and developmembers for an organization. Obviously HRM is concerned with the people’s dimensions inorganizations. HRM refers to set of programs, functions, and activities designed and carriedout
Core elements of HRM
Organizations mean people. It is the people who staff and manageorganizations.
HRM involves application of management functions and principles foracquisitioning, developing, maintaining and remunerating employees in organizations.
Integration & Consistency:
Decisions regarding people must be integrated andconsistent.
Decisions must influence the effectiveness of organization resulting intobetterment of services to customers in the form of high quality products supplied atreasonable cost.
HRM principles are applicable to business as well as non-businessorganizations too, such as education, health, recreation and the like.
OBJECTIVES OF HRM: -
To be ethically and socially responsible to the needs andchallenges of the society while minimizing the negative impact of such demands uponthe organization.
To recognize the role of HRM in bringing aboutorganizational effectiveness. HRM is only means to achieve to assist the organizationwith its primary objectives.
To maintain department’s contribution and level of services at a level appropriate to the organization’s needs.
To assist employees in achieving their personal goals, atleast in so far as these goals enhance the individual’s contribution to the organization.This is necessary to maintain employee performance and satisfaction for the purpose of maintaining, retaining and motivating the employees in the organization.
SCOPE OF HRM: -
of an employee in the organizationScope of HRM can be described based on the following activities of HRM. Based on theseactivities we can summarize the scope of HRM into 7 different categories as mentionedbelow after the activities. Lets check out both of them.
HRM Activities –
1.HR Planning2.Job Analysis3.Job Design4.Recruitment & Selection5.Orientation & Placement