Question: What Is Human Resource Management?

Answer:

Human Resource Management (HRM) is the function within an organization that focuses on
recruitment of, management of, and providing direction for the people who work in the organization.
Human Resource Management can also be performed by line managers.

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.

What is the brief and proper definition of hrm?

HRM is a management practise where the employees of an organization are treated as its asset &
conscious effort is made to address their financial, intellectual, social & emotional needs so that
their productivity is maximised.

By integrating the individual goals with the organizational goals the HR managers aim at
"inclusive growth" where the benefits earned by the organization percolate down to the lowest
level of workforce. ( Remember John Nash?? "The group is benefited best when each individual
does what is best for him & the group"... )

Financial->high salary, fringe benefits etc

Intellectual->challenge at work, career growth prospects, learning etc
Social->work life balance, status, pride, job satisfaction etc
Emotional->job security, stress caused by work, prospects of self actualisation etc