What is Human Resource Management?
Human Resource Management (HRM) is concerned with management of human beings of an organization. It is a function of employing, stimulating and maintaining employees in the organization. HRM is management system it focus on right man at right place at right time with the employees quality and efficiency. It plays important role to grab the defined target of the organization by using employees efficiency.
To smooth run of an organization it evaluates the staffs performance, if any issues founded it takes corrective actions. It drives the organization taking together of employees and employers by playing role of bridge. It motivates employees as a quality of work life, remuneration, incentives and addressing feedback of employees.
It also focuses on improving quality skills of staffs as a demand of customers. HRM ensures that employees motivation so as organization can achieve organizational objectives at right time. For that it utilizes trained manpower in an organization.
Human:- In here human refers skilled manpower of an organization. That defines organizations essential factors of all branches which runs it smoothly.
Resource:- It defines availability and scarcity of human manpower.
Management:- Management defines how to use human manpower to gain maximum output. Using such factors organization can grab targeted goal in economic manner.
About the HRM Peter Schutz says “Hire character. Train skill.”
According to Flippo “HRM is the planning, organizing, directing and controlling of the
procurement, development, compensation, integration, maintenance and reproduction of
human resources to the end that individual organizational and societal objectives are
accomplished.”
According to Amit Kalantri “The job of human resources is to make sure that resources come to work with their hearts and go back to their homes with happiness.”
Functions of HRM
It main functions is maintain and manage human resource of an organization. Like that some functions of HRM can be defined as follows:
Employing
It recruits effective and efficient candidates as a requirements. It selects right man for the organization. For that, in selection process HRM defined organization related examination.
Training
To the selected candidates HRM trains job related functions in certain period. In the training period candidates learn skills, behavior and attitudes.
Placement
It assigns employed people to right man at right place at right time as job requirements. By job description employees should be liable for their job and liability.
Motivating
In an organization environment employees familiarizes cause of that they feel like brotherhood and can do job confidently. It also involves employees incentives and remuneration as economic development of a nation.
Controlling
It punishes, if employees do wrong task or act as a company’s manner. Cause of that employees could feel good job is profitable and bad job is loss.
Objectives of HRM
- It helps to acquire required qualitative people as demand of an organization.
- It ensure to motivate employees morale.
- It utilizes human resources with effective and efficient manner.
- It supports to achieve determined goals of an organization.
- To provide well-skilled and high morale people to the organization.
- To ensure socially demanded goods and services.
- To enhance human resources capabilities as an environment.
- To provide standard quality of work life.
- To ensure right man at right place.
- To secure workers related policies.
Scopes of HRM
Human resource management scope covers various aspects of effectively managing people of an organization. It involves such following points;
1. Human Resource Planning
It overviews human resources as a present and future demand and supply of an organization. It ensures that managing right man at right place at right time.
2. Staffing
It involves employees requirements and placing them as required of task. As a quality and efficiency of staffs it utilizes human resources to achieve organizational objectives.
3. Training
Organization provides job related training and enhance skills, attitudes and behaviors of employees. Cause of that it helps to grab economic profit.
4. Motivating
Employees could be motivated as quality of work life, remuneration, incentives and so on. It provides positive sense about an organization and helps to achieve defined target.
5. Employee Relations
HRM provides suitable environment to interact staffs and leaders. It helps strengthen employer-employee relationship. Cause of that organization issues can be addressed and at timely it can be resolved.
6. Evaluating
HRM evaluates activities of staffs as job description and helps to address wrong task and take a corrective actions.
7. Controlling
As a organization rules and regulations HRM controls the activities of employees and take a action if situation demanded. Controlling helps to direct the employees behaviors and activities as a defined job.
Nature of HRM
Human Resource Management is concerned with managing all level of employees. It natures are people centered at all types of organization (profitable or non-profitable). It is vast dimensional for to understand and manage. It’s high priority factor is human resource. It is a very sensitive functions because if it has not deal ongoing issues and challenges of an organization. It must be suffered from daily and future problems. To know more about it, natures are such as;
People centric
HRM is focused on people related activities and their behaviors. It monitors humans and manages them with requirements of the organization.
Result oriented
It maintains human resource to achieve defined target in a prescribed time. To obtain such result it places trained manpower at right place.
Tactful function
As a human diversity, it deals with employees feelings, demands, grievances and so on. It uses suitable strategies to address derived issues of an organization.
Continuous process
It is an ongoing process of hire, train, utilize and fire of employees to achieve defined target of an organization. It is never ending functions, where it manages old and new employees as a rules and policies of the organization.
Challenges of HRM
In human resource management day by day challenges are grow up as skill, technology, expectations and so on. Such factors takes attention of managers. It forces to address such things as soon as and company deals as proper manner if suitable of an organization. For the growth of organization issues and challenges take important role as a directive site. It shows how new environment demand and organization supply status. Organization affects by emerging socio-economic and changing environment. To know about it, read such points:
Technology
To growth of company, new technology should be accepted by company. It reduces cost and increases productivity, which helps company to compete in market. HRM determines which technology will be suitable for an organization and gives training to run such technology.
Rules and regulations
Every government issues new rules and regulations about employees, for their safety, right and liability. That is compulsory for an organization to implement. To adopt such rules, it is difficult for a company to achieve defined goals.
Size of employees
By the growth of company, working sectors increases and employees also increases. To manage such things HRM team workload increments. As per the condition of company HR hire or fire about size of employees.
Expectations
With the changing of environment employees demands and issues are increased. Their expectation about remuneration, allowances, skills, quality of work life and so on are increments. For that manager faces employees expectations as per company rules and changing environment.
Market
Organization’s growth depends on markets demand and supply. By the globalization customers desires are changeable, cause of that organization should be adhere their demands. To fulfill customers need company must be adopt new technology, new employee, training to survive in the market.