MN7181- INTRODUCTION TO HUMAN RESOURCE MANAGEMENT
Human Resource Management What is HRM? Human Resource Management is the process of recruiting, selecting, inducting employees, providing orientation, imparting training and development, appraising the performance of employees, deciding compensation and providing benefits, motivating employees, maintaining proper relations with employees and their trade unions, ensuring employees safety, welfare and health measures in compliance with labor laws of the land. (Management Study Guide Privacy Policy, 2019) Importance of HRM There is a human mind, commitment and hours of man behind the creation of every product or service. Without human assistance, no product or service can be made. Human beings are a basic tool for creating and constructing something. Any organization wishes to have people who are skilled and competent to make their organization competent and best. Accordingly HRM can be used to manage the HR in a business and get the best out of them. (Management S...