HUMAN RESOURCE MANAGEMENT

HUMAN RESOURCE MANAGEMENT

by- Akriti Rai Priyanka negiMeaning of HRM

Functions of HRMEmployees benefits Services offered to an employee:

Training and Education For example: 1.training an individual in the organization how to use Microsoft Project. 2.providing an individual on the theory behind different communications styles.Health and safety1.A safe and healthy work environment.2. Control hazardous related to health by providing health and safety programmes.

Cont.Social security Social security protects not just the subscriber but also his/her entire family by giving benefit packages in financial security and health care. Social Security schemes are designed to guarantee at least long term sustenance to families when the earning member retires, dies or suffers a disability.Training and Development MEANING OF TRAINING It is a learning process that involves the acquisition of knowledge, sharpening of skills, concepts, rules, or changing of attitudes and behaviours to enhance the performance of employees. Benefits of Training to the Employers:-Faster Learning of New SkillsIncreased ProductivityHigh MoraleEconomy of Operations

Development refers to the growth of an employee in all respect It is most concerned with shaping the attitudes.

Recruitment It means motivating people to apply for the job.Process of Recruitment

Recruitment process begins with acceptance of requisition for recruitment for any department of company.Assessing personnel requirement through job description and job specification.Locating and developing the sources of required number and type of employees.Identifying the prospective employees with particular combination of skills, experiment, education and other personnel attributes.Communicate information about organizing the job and the terms and conditions of services.Encouraging the identified candidate to apply for job in organization.Evaluating the effectiveness of recruitment process.Employee relationEmployee relations A set of policies, programmes and mechanisms. Focused on safe guarding and promoting the basic interest of people at work.To seek greater organizational and effectiveness.Compensation Compensation and Benefits is rewarding the employee for the services rendered by them for the benefit of the organization. It is a set of programs aimed at achieving the following objectives:

Compensation aids in attracting capable employees to the organization.It also helps motivate employees towards superior performance.Compensation also helps in retaining the employees and their services over an extended period of time.

Manpower planning Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization.Corporate Social responsibility Any responsibility particularly towards members of the society with whom you interact or towards the society in general, are called corporate social responsibility.

Business should not harm, rather protect and contribute to the interests of the society.Rules & Regulations for employeesEach employee must act in accordance with the companys policies, orders, rules, regulations, guidelines etc. applicable from timeto time.The Company expects each employee to maintain proper decorum.The duty must be performed in good faith.