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Human Resource Management

our Employee is most valuable Asset.

Brief History
History: HRM was invented by the Nazis and popularized in the United States

by Robert McNamara who leveraged the influx of prominent German scientists after WWII.

American writers Terrey and Franklin (1996) mentioned about the 6 Ms of management, viz. Men and women, material, money, market and method. But among these, men and women - the only living beings - do the effective coordination and utilization of these Human and non-human resources. Rinses Likert (1967, p 1) rightly observed: "all the activities of any enterprise are initiated and determined by the persons who make up the institution; plants, offices, computers, automated equipment, and all else that make up a modern firm are unproductive except for human effort and direction of all the tasks of management, managing the human component is the central and most important task, because all else depends on how well it is done".

Human Resource circle

Recruitment Selection Recruitment Management Employee Induction Terms and Conditions of Employment Remuneration Payroll Processing P11Ds and Statutory Returns Compensation and Benefits Retention Training Employee Progression Appraisal and Development Processing and Record Keeping Management of HR Records Management Information Legal and Regulatory Compliance Benefits Administration

HRM - Functions
Human resource or manpower planning. Recruitment, selection and placement of personnel. Training and development of employees. Appraisal of performance of employees. Taking corrective steps such as transfer from one job to another. Remuneration of employees. Social security and welfare of employees. Setting general and specific management policy for organizational relationship.

Collective bargaining, contract negotiation and grievance handling.

Staffing the organization. Aiding in the self-development of employees at all levels. Developing and maintaining motivation for workers by providing incentives. Reviewing and auditing manpower management in the organization

Potential Appraisal. Feedback Counseling.

Role Analysis for job occupants. Job Rotation. Quality Circle, Organization development and Quality of Working Life Labor relations

Recruitment & Selection

Identify vacancy Preparing the job description and person specification. Locating and developing the sources of required number

and type of employees (Advertising etc). Short-listing and identifying the prospective employee with required characteristics. Arranging the interviews with the selected candidates. Conducting the interview and decision making Prepare job description and person specification Managing the response Conducting interview and decision making

Performance Appraisal
The most popular methods used in the performance appraisal process include the following:

Management by Objective 360-Degree Appraisal Behaviorally Observation Scale Behaviorally Anchored rating scale Two Purposes of Performance Appraisal 1. Evaluationdocument and let people know how well they are doing; judgmental role. 2. Developmentidentify how training and support can improve performance; counseling role.

Training & Development

On-the-job training Off-the-job techniques Orientations

Provides new skills for the employee Keeps the employee up to date

with changes in the field Aims to improve efficiency Can be external or in-house .

Reward System
The system of pay and benefits used by the firm to

reward workers Money not the only method Fringe benefits Flexibility at work Recognition Appreciation Holidays, etc.

Career & Development

Individual assessments of abilities, interests, career

needs, and goals; Organizational assessments of employee abilities and potential; Communication of information concerning career options and opportunities with the organization; and Career counseling to set realistic goals and plan for their attainment

Advantage of HRM in an Organization

Human resource provides consultancy

Building business plan

Forethought of business Building public relations

Maintaining Work Atmosphere

Managing Disputes Forecasting

To create internship opportunities

Its a BegInnIng

Thank you