Challenges of HRM

Functions Of HRM
Where HRM Stands
Human Recourse Planning
Factors Affecting Selection
• External Environment
• Supply & Demand of Specific skills
• Unemployment Rate
• Legal & Political consideration
• Company’s Image
Internal Environment
• Company Policy
• HRP
• Cost of hiring
•
Job Test
• Ability Test :- Determines how well task can be performed
• Aptitude Test :- Determines a persons potential to learn in given area.
• Personality Test :- To measure a prospective employees motivation to
function in a particular working environment
• Interest Test :- To measure an individual’s activity preferences. (For
career change or when there is multiple career option available)
Strategic Importance of HRM