MN7181- INTRODUCTION TO HUMAN RESOURCE MANAGEMENT

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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 Study Guide Privacy Policy, 2019) There are ample reasons to highlight the importance of an organization's human resource management. As follows, a few points that show us why it is important to manage human resources.

·         Helps you achieve your objectives
·         Design recruitment and training
·         Professional development is attained
·         Performance appraisals are a good thing
·         Enhances teamwork
·         Public relations are raised
(Wisestep.com, 2016)

The Main Function and Activities of HRM
HRM is management in planning, organizing, staffing, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of human resources. (Management Study Guide Privacy Policy, 2019)

Human resource management operations are therefore divided into two main fields as shown in the image below.


Main Activities of HRM
·         Tasks
1.      Selection
Mean is we called among the applicants who can meet the job requirements. Among those applicants we selected qualified candidates and can be offered the vacant position in the organization. (Human Resource Management, 2019)

2.      Recruitment
The best qualified candidate for a job opening in a timely and cost effective manner. The recruitment process includes analyzing, the requirements of the job, attracting, employees to that job, screening and selecting applicants, hiring and integrating the new employee to the organization. (CLEVERISM.com, 2019)

3.      Payroll
Total amount required to pay workers and employees during a week, month or other period. (Dotdash publishing family, 2018)


4.      Motivation
Internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job role or subject or to make an effort to attain a goal. (Management Study Guide Privacy Policy, 2019)

5.      Rewards
Business use to reward employees for their achievements and success as a motivational practice. The Company sets goals and establishes rules for its employees to follow to achieve those goals. (MBASkool.com, 2011- 2019)

6.      Termination
Final step in the progressive employee discipline process where his or her employment with the employer is permanently served. (Human Resource Management, 2019)

·         Training & Development

The official and ongoing educational activities within an organization designed to enhance the fulfillment and performance of employees training and development programs offered by a business might a variety of educational techniques and programs that can be attended on a compulsory or voluntary basis by staff.  (Management Study Guide Privacy Policy, 2019)

·         Performance Management
This is the process of motivating employees through setting goals, measuring progress, giving feedback, coaching for improvements and rewarding achievements. (Management Study Guide Privacy Policy, 2019)



·         Employee Relations
Communication between management and employees concerning work place decisions, grievances, conflicts, problem resolving, unions and issues of collective bargaining

Benefits of Human resource Management

1.      Improve employee turnover
2.      Conflict resolutions
3.      Employee satisfaction
4.      Improve employee performance
5.      Easy to Training and development
6.      Helps with budget control
                                                     

Bibliography

CLEVERISM.com, 2019. CLEVERISM. [Online] Available at: https://www.cleverism.com/what-is-recruitment/ [Accessed 23 October 2019].
Dotdash publishing family, 2018. The Balance Small business. [Online] Available at: https://www.thebalancesmb.com/what-is-payroll-398399 [Accessed 22 October 2019].
Human Resource Management, 2019. HRMPractice. [Online] Available at: http://hrmpractice.com/employee-selection/ [Accessed 22 October 2019].
Human Resource Management, 2019. HRMPractice. [Online] Available at: http://hrmpractice.com/termination/ [Accessed 23 October 2019].
Management Study Guide Privacy Policy, 2019. MANAGEMENT STUDY GUIDE. [Online] Available at: https://www.managementstudyguide.com/human-resource-management.htm [Accessed 20 October 2019].
Management Study Guide Privacy Policy, 2019. Management Study Guide. [Online] Available at: https://www.managementstudyguide.com/training-development-hr-function.htm [Accessed 23 October 2019].
Management Study Guide Privacy Policy, 2019. Management Study Guide. [Online] Available at: https://www.managementstudyguide.com/importance-of-hrm.htm [Accessed 21 October 2019].
Management Study Guide Privacy Policy, 2019. Management Study Guide. [Online] Available at: https://www.managementstudyguide.com/human-resource-management-function.htm [Accessed 22 October 2019].
Management Study Guide Privacy Policy, 2019. Management Study Guide. [Online] Available at: https://www.managementstudyguide.com/motivation_incentives.htm [Accessed 23 October 2019].
Management Study Guide Privacy Policy, 2019. Management Study Guide. [Online] Available at: https://www.managementstudyguide.com/hr-performance-management.htm [Accessed 23 October 2019].
MBASkool.com, 2011- 2019. MBASkool. [Online] Available at: https://www.mbaskool.com/business-concepts/human-resources-hr-terms/16854-reward.html [Accessed 22 October 2019].
Wisestep.com, 2016. Wisestep. [Online] Available at: https://content.wisestep.com/human-resource-management-important/ [Accessed 21 October 2019].



Comments

  1. Janith PrabashaOctober 26, 2019 at 9:13 AM

    Good job Sameera. You have well explained the main HRM topics in an understandable way.

    ReplyDelete
  2. Anfas Shareef October 26, 2019 at 9:18 AM

    Good work. You have done a nice work in a detailed way.

    ReplyDelete
  3. Dhaupadhi WijayarathneOctober 26, 2019 at 6:46 PM

    Good work Sameera,you have been explained HRM functions in an understandable way.

    ReplyDelete
  4. AnonymousOctober 26, 2019 at 10:22 PM

    Good job sameera nicely explained functions of HRM.

    ReplyDelete
  5. Mahesh SeelarathnaOctober 26, 2019 at 11:13 PM

    Good start, Explained well

    ReplyDelete
  6. Yohan MBAOctober 27, 2019 at 12:35 AM

    Sameera your article is very important well explained done a good job

    ReplyDelete
  7. VirajOctober 27, 2019 at 2:53 AM

    Great job Sameera overall explanation is excellent

    ReplyDelete
  8. Lasitha IndrapalaOctober 27, 2019 at 3:11 AM

    excellent.widely explain your topic.great sameera

    ReplyDelete
  9. Janaka Ruwan ThennakoonOctober 27, 2019 at 5:08 AM

    Good Start,You have explained clearly.

    ReplyDelete
  10. VirajOctober 27, 2019 at 8:32 AM

    Great job overall explanation is excellent

    ReplyDelete
  11. Sajith AbeyrathneOctober 27, 2019 at 6:38 PM

    Clearly explained the topic and good job Sameera.

    ReplyDelete
  12. Sandeep WarakagodaOctober 29, 2019 at 9:38 AM

    Great stuff brother!! keep it up!!

    ReplyDelete
  13. IshanOctober 29, 2019 at 10:06 AM

    Nicely done.

    ReplyDelete
  14. Maduka Harshani October 29, 2019 at 11:00 AM

    Good job.well explained

    ReplyDelete
  15. Chandana kumaraNovember 2, 2019 at 12:50 AM

    You have explained well about the topic.

    ReplyDelete
  16. Dhanushka EkenayakaNovember 28, 2019 at 6:02 AM

    Hi good article about HRM, you have mentioned how much Human resource is valuable as a benchmark to other resources, its good that you have wrote about two types of finctions on HRM, Best Wishes

    ReplyDelete
  17. Sameera Madhawa Thalakotune November 30, 2019 at 8:45 PM

    Noted with Thanks

    ReplyDelete
  18. Chathurika RathnayakeJanuary 7, 2020 at 6:06 PM

    As you have mentioned above all the aspects of HRM has its own significance in their own way. Without one managing people would be much difficult. You have clearly explained and briefed the topic.

    ReplyDelete
  19. Yohan RatnayakeJanuary 9, 2020 at 11:32 PM

    Before we explore the model, let’s define human resource management. Human Resource Management comprises the formal systems designed to manage people in an organization. To best understand human resource management, we will look at a brief history, understand the roles human resource management plays in organizations and review a model to best organize the functional areas of human resource management

    ReplyDelete
  20. Kavishka GalagodaJanuary 9, 2020 at 11:32 PM

    simply Human resource management is the process of managing employees in rganizatin.you have describe it very interesting way. good job sameera.

    ReplyDelete
  21. Rasika MBA January 11, 2020 at 6:05 PM

    HRM has been discussed in a broadway of collabarative postive perspectives . Electronic resources have been obtained and its latest resources are depicted in literature .Advantages and disadvantages are discussed in depth and commendable

    ReplyDelete
  22. Thilina RajapakseJanuary 11, 2020 at 9:18 PM

    You have vastly explained about the human resource management.good job sameera.

    ReplyDelete
  23. Dr Amila Shashanka RatnayakeJanuary 14, 2020 at 10:24 AM

    Nice outline of the basics of the topic.

    ReplyDelete

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