HUMAN RESOURCES MANAGEMENT (Part 1)

 

  



 About Human Resource Management

 

As the term suggests Human Resources Management is one of the important streams of management. It deals with the following:

Studies human at work:  It deals with the unique asset ‘human’.  It advises us on how to deal with human assets.  It also studies various aspects of the relationship between the organization and its employees.  Human Resources Management is the part of Management that deals with issues such as hiring, retaining, firing, training, motivating, engaging, and controlling the human resources.  It is a comprehensive approach to manage people and their workplace environment. 

HRM particularly examines humans at work and studies various aspects which are fundamental to human motivation at work and in accomplishing their career aspirations within organizations.  It paves the way for achieving organizational as well as employee goals. 

Bridges the gap between employees and employer: Human Resources Management is a link between employees and employers and makes coordination between them.  Effective HRM assists employees to contribute productively to the growth of the company.  It also advises the organization to improve work culture and enhance the skills of employees. Sometimes Human Resource Management is referred to as Organizational Management, Personnel Administration, Manpower Management, Human Capital Management, or Industrial Management. 

HR department deals with various issues such as how to hire employees for the organization?  What type of employee is most suited for the organization?  How to retain the employees?  How to engage them in various activities?  HRM is also about motivating the employees and make them prepare for aligning with the company’s goal.  HRM also deals with various conflicts arising out of the egos of bosses and their subordinates and in fact works as a facilitator between management and employees. Likewise, it also works as a facilitator among different departments.  Human Resources Management deals in organizational development, labor relations, compensation packages, Payrolling, recruitment, talent acquisition, and retention, training, development, and employee wellness.









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