Human Resource Management
Human Resource Management
Resource
Management
Report writing CA-2
Scope of HRM
The scope of human resource management can be broadly divided into
three:
1. HRM in Personnel Management
2. HRM in Employee Welfare
3. HRM in Industrial Relation
6. Performance Appraisal
After the candidate has spent a certain time on the job, a performance
appraisal is conducted to evaluate their performance. Based on these
appraisals, salaries are updated and further training sessions is conducted.
7. Remuneration
Remuneration helps in boosting employee morale and promoting a positive
work environment. The employees who perform well are rewarded with
incentives and other benefits.
9. Industrial Relations
Organizations have to follow industrial compliances as specified by the
competent authorities. The HR department helps the company and its
employees adhere to these compliances, labour laws, and safety regulations
to avoid legal issues or fines and stay productive in the long run.
Objectives of HRM
The primary objective of HRM is to place a competent and willing workforce
in the right position and at the right time.
Further, it aims to obtain maximum individual development, desirable
working conditions and at the same time, it focuses on contributing to the
realization of the organizational goals.
The main objectives of HRM are:
To help the organization achieve its goals:
HRM is the means to assist the organization to achieve its goals. It
ensures effective utilization of Human Resources which in turn results in
the efficient utilization of all the other organizational resources.
To employ a skilled workforce and focus on their training and
development:
HRM aims at employing the skills and abilities of the workforce
efficiently. It generates maximum development of Human Resources
within the organization by offering opportunities for growth to
employees through training and development.
To ensure employee job satisfaction and maintain a quality of work-life
HRM focuses on fulfilling the personal objectives of the employees
which helps in enhancing their contribution to the organization. Their
objective is to ensure respect for human beings by providing various
services and welfare facilities to the personnel.
HRM must ensure that there is compliance with the legal and ethical
standards of the society at each level and function of the organization. It
implies that organizations manage human resources in an ethical and
socially responsible manner.