Sunday, October 24, 2010

About HRM

                                                                         
                                                            


                           
                            Definitions of HRM

  • The philosophy, policies, procedures and practices related to  the management of people within an organization.


  • HRM is a managerial perspective which argues the need to establish an integrated series of personnel policies to support organizational strategy.

                 ” Buchanan and Huczynski ”.

  •  The purpose of HRM is to ensure that the employees of an organization are used in such a way that the employer obtains the greatest possible benefit from their abilities and the employees obtain bothmaterial and psychological rewards from their work.

                          (Graham, 1978).


                         Why Study HRM?

  •  People (human resources) are the essential resource of all organizations.

  • These human resources create organizational innovations and accomplishments.

  •  Organizational success depends upon careful attention to human resources.


                Objectives of HRM

  •       Recruiting right people with right skills and retaining them.
  •   Creating a competent workforce.
  •   Developing people and creating a committed workforce.
  •   Cost effectiveness.


             HRM Activities



             
               Ker result areas of HRM

        HR Planning
        HR policies & procedures (HR Administration)
        Recruitment & selection
        Benefits (including terminal) administration
        Training & Development
        Discipline
        Employee Relations

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