Introduction to Human Resource

Management

• HRM is the management of people working in an organization

• HRM is a managerial function that tries to match an organization’s needs to the skills and abilities of its employees

• HRM is responsible for how people are managed in the organizations. It is responsible for bringing people in organization helping them perform their work, compensating them for their work and solving problems that arise.

Human Resource Management

Basic functions that all managers perform: planning, organizing, staffing, leading, and controlling.

• Staffing (HR planning, recruitment and selection)

• Human resource development• Compensation and benefits• Safety and health• Employee and labor relations• Records maintaining, etc.• HR research• Interrelationship of HR functions.

Functions of HRM

Human Resource Management System

Responsibilities OfHRM

Human ResourcePlanning

Recruitment &

Selection

Orientation,Training

& Development

PerformanceAppraisal

AndManagement

Compensation &

BenefitsManagement

Growing Importance of HRMAccommodation to workers'

needs Flexible work schedules Parental leave Child-care Elder-care assistance Job sharing Increased complexity of the

Manager’s job Global foreign competition New technology Expanding scientific information Rapid change

Growing Importance of HRMLegislation and litigation Equal employment Compensation Safety Labor relations Women Working ConditionsExpertise Employee selection decisions Compensation systems Learning techniques

Cost of Human Resources

Significance of HRMHelps you get results -

through others Through effective human resource

managementHelps you avoid common personnel mistakes

Hiring the wrong person for the job Experiencing high turnover Finding employees not doing their

best Having your company taken to court

because of your discriminatory actions

Violating general and labor laws Allowing a lack of training Committing any unfair labor practices

Significance of HRMHelps you to gain

Competitive Advantage Human resources create the real

difference Human resources are the main

sources of innovation & creativity in the organizations

Human Resources create competitive advantage for the organizations

Challenges of Managing HRM in Present EraTo Attract People Quality working environment Attractive benefits Opportunities to excelTo Develop People Careful need assessment for training Selecting effective training methods

and tools Continuous development of workforceTo Motivate Influence performance of others Redirect the efforts in desirable

direction Using different motivational tools To Keep Talented People

HRM Basic Goals

1. Integrating HRM into corporate strategy,

Selecting appropriate HRM options Innovation & Creativity in HRM

Practices Rationale cost reduction2. Securing commitment

through building strong cultures

Sharing a set of values3. Achieving flexibility and

adaptability Training and multi-skilling Re-organization of work Build a unified organizational

culture