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Human Resource and Management: Name:-Venkatesh Eda Roll No: - A 153 Topic: - HRM Practices and Policies
Human Resource and Management: Name:-Venkatesh Eda Roll No: - A 153 Topic: - HRM Practices and Policies
MANAGEMENT
Human resource management (HRM or HR) is the strategic approach to the effective and efficient
management of people in a company or organization such that they help their business gain a competitive
advantage. It is designed to maximize employee performance in service of an employer's strategic objectives.
Human resource management is primarily concerned with the management of people within organizations,
focusing on policies and systems. HR departments are responsible for overseeing employee-benefits design,
employee recruitment, training and development, performance appraisal, and reward management, such as
managing pay and employee-benefits systems.
The Importance of human resource management
The role of HRM practices are to manage the people within a workplace
to achieve the organization's mission and reinforce the culture.
HR managers can help recruit new professionals who have skills
necessary to further the company's goals as well as aid with the training
and development of current employees to meet objectives.
OBJECTIVES
6.Have some employees think their salaries are unfair and inequitable relative
to others in the organization
Functions of HRM
2)Recruitment
3)Performance management
5)Career planning
6)Information sharing
9)Industrial relations
10)Policy formulation
12)Personal well-being
13)Employee engagement
14)Compliance
15)Administrative responsibilities
Scope of HRM
PLANNING
CONTROLLI ORGANIZIN
NG G
LEADING STAFFING
CONCLUSION