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HUMAN RESOURCE AND

MANAGEMENT  

NAME :- VENKATESH EDA


ROLL NO :- A 153
TOPIC  :- HRM PRACTICES AND
POLICIES
HRM PRACTICES AND POLICIES 

What is Human Resource Management ( HRM )?

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 

 1. Societal objectives: Measures put into place that responds to the


ethical and social needs or challenges of the company and its
employees.

 2. Organizational objectives: Actions taken that help to ensure the


efficiency of the organization.

 3. Functional objectives: Guidelines used to keep HR functioning


properly within the organization as a whole.

 4. Personal objectives: Resources used to support the personal goals


of each employee. 
Why Mangers must know about Human Resource Management?

 For example, you don't want to:

1.Hire the wrong person for the job.

2.Experience high turnover

3.Have your people not doing their best

4.Waste time with useless interviews

5.Have your company taken to court because of discriminatory actions

6.Have some employees think their salaries are unfair and inequitable relative
to others in the organization
Functions of HRM

1)Human resource planning

2)Recruitment

3)Performance management

4)Learning & development

5)Career planning

6)Information sharing

7)Rewards & recognitions


8)Compensation & benefits

9)Industrial relations

10)Policy formulation

11)Health and safety

12)Personal well-being

13)Employee engagement

14)Compliance

15)Administrative responsibilities
Scope of HRM

The scope of human resource management can be broadly


divided into three:
Human Resources Management
Process

PLANNING

CONTROLLI ORGANIZIN
NG G 

LEADING STAFFING
CONCLUSION

Human resources are a key element in the success or failure of


monitoring programmes to meet their objectives. Without an adequate
strategy to develop the human resources available and attract high
calibre staff, monitoring programmes rapidly stagnate.

Human resources development should encompass a much wider remit


than training and should address issues such as career structures and
professional development. It should also provide all levels of staff with
the support and framework within which to function effectively and
efficiently.
THANK YOU

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