INTRODUCTION TO HUMAN RESOURCE MANAGEMENT
Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will typically also serve as the company's primary liaison with the employees' representatives (usually a labor union). HR is a product of the human relations movement of the early 20th century, when researchers began documenting ways of creating business value through the strategic management of the workforce. The function was initially dominated by transactional work such as payroll and benefits administration, but due to globalization, company consolidation, technological advancement, and further research, HR now focuses on strategic initiatives like mergers and acquisitions, talent management, succession planning, industrial and labor relations, and diversity and inclusion. In startup companies, HR's duties may be performed by a handful of trained professionals or even by non-HR personnel. In larger companies, an entire functional group is typically dedicated to the discipline, with staff specializing in various HR tasks and functional leadership engaging in strategic decision making across the business. To train practitioners for the profession, institutions of higher education, professional associations, and companies themselves have created programs of study dedicated explicitly to the duties of the function. Academic and practitioner organizations likewise seek to engage and further the field of HR, as evidenced by several field-specific publications. “HRM is a process of bringing people and organisations together so that the goals of each are met. It is a part of management process which is concerned with the management of human resource in an organisation”.
Definition of Personnel Management
According to George R. Terry “Personnel management is concerned with the obtaining and maintaining of a satisfactory workforce”. Objectives of HRM
To attain self-development of the members of an organisation and also to utilize available human resources. 1. To establish working relationships between employer and employees and between groups of employees. 2. To ensure the availability of a competent and willing workforce to the organisation. 3. To ensure satisfaction to the workers so that they are freely ready to work. 4. To maintain high morale of the workers
5. To secure the integration of individuals with the organisation by reconciling individual goals with those of an organisation. 6. To improve the services rendered by the enterprise to the society through better workforce. Scope of HRM
Scope of HRM is vast. All major activities of a worker from the time of his entry into an organization until he leaves come under the purview of HRM. Important activities under HRM are: 1. Determining the human resources needs of the organisation 2. Recruitment, selection, appointment and placement of employees. 3. Training and manpower development.
4. Administration of wages and salaries.
5. Employee services like health and safety, amenities and welfare facilities. 6. Promotion and transfer of employees
7. Industrial relations and settlement of grievances of employees. 8. Human resources planning and career planning.
9. Personnel research and personnel audit.
10. Labour legislation and their administration in the organisation. Importance of Human Resource Management
An organization cannot build a good team of working professionals without good Human Resources, The key functions of the Human Resources Management (HRM) team include recruiting people, training them, performance appraisals,...
Fred Luthans, Organizational Behavior, Tata Mc Graw-Hill, 2005
Stephen Robbins, Organizational Behavior, Pearson Education, 2005
Subba Rao, P, Human Resource Management, Himalaya Publishing House New Delhi, 1996
Ashwattapa & Sadnadash, International Human Resource Management, Tata McGraw Hill Ltd, New Delhi, 1997.
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