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Elements of HRM - SYBBA-IB

Human resource management (HRM) involves applying management principles to recruit, select, train and develop employees. The key functions of HRM include human resource planning, recruitment and selection, job analysis, orientation and induction, training and development, performance appraisal, compensation planning, and industrial relations. The objectives of HRM are to meet societal goals like legal compliance, organizational goals such as human resource planning and employee relations, functional goals including appraisal and placement, and personal goals like training and development. HRM is important at the enterprise, individual, society, and national levels by attracting and retaining talent, promoting growth, offering employment, developing a strong work culture, and effectively using resources to develop the

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91 views

Elements of HRM - SYBBA-IB

Human resource management (HRM) involves applying management principles to recruit, select, train and develop employees. The key functions of HRM include human resource planning, recruitment and selection, job analysis, orientation and induction, training and development, performance appraisal, compensation planning, and industrial relations. The objectives of HRM are to meet societal goals like legal compliance, organizational goals such as human resource planning and employee relations, functional goals including appraisal and placement, and personal goals like training and development. HRM is important at the enterprise, individual, society, and national levels by attracting and retaining talent, promoting growth, offering employment, developing a strong work culture, and effectively using resources to develop the

Uploaded by

Sakura
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ELEMENTS OF HUMAN RESOURCE MANAGEMENT

UNIT 1
DEFINITION OF HRM
• HRM is a management function that helps
managers recruit, select, train and develop
members for an organization
MEANING Organizations are made up of people and the success
of management lies in its dealings with these people

HRM involves applications of management functions


and principles

HRM ensures integrated and consistent decisions

Better Decisions = Better Performance

HRM functions are for business as well as non-


business organisations
Human Resource Planning
Recruitment and Selection
SCOPE OF HRM
Job Analysis Design
Orientation & Induction
Training and Development
Performance Appraisal
Compensation planning 
Motivation, health & safety
Industrial Relations
HRM OBJECTIVES

SOCIETAL ORGANIZATIONA FUNCTIONAL PERSONAL


OBJECTIVES L OBJECTIVES OBJECTIVES OBJECTIVES
SOCIETAL OBJECTIVES

LEGAL COMPLIANCE BENEFITS UNION-MANAGEMENT


RELATIONS
ORGANIZATIONAL
OBJECTIVES
Human Resource Planning
Employee Relations
Selection
Training and Development
Appraisal
Placement
Assessment
FUNCTIONAL OBJECTIVES

APPRAISAL PLACEMENT ASSESSMEN


T
PERSONAL OBJECTIVES

Training and Appraisal Placement


Development

Compensation Assessment
IMPORTANCE OF Enterprise Level
HRM • Attract and Retain Talent
• Prepare people for internal roles and promotions

Individual Level
• Promotes teamwork
• Offers growth opportunities
• Diligence & Commitment
• Promote creativity and Achievements

Society Level
• Employment opportunities
• Work Culture

National Level
• Effective use of resources
• Develop work force
HRM VS HRD
Basis of HRM HRD
Differentiation

Function Management Function Sub-Set of HRM


Nature Reactive Proactive
Objective or Goal Improving performance Development, Knowledge
enhancement, competency increase

Process Routine Continuous


Levels of formality Formal Formal and Informal
THANK YOU

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