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7 Roles Of Human Resource Management

Human resource management (HRM) is the practice of managing people and their work processes. HRM includes activities such as recruitment, selection, training, performance appraisal, compensation, rewards, and termination. HRM is a core function of any business and is often overlooked. However, without proper human resource management, businesses cannot succeed.<br><br>1. Human Resource Management (HRM) is defined as the strategic planning and coordination of peopleu2019s work activities throughout their careers with the aim of ensuring organizational success.<br>

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7 Roles Of Human Resource Management

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  1. WhatAreThe7RolesOf Human Resource Management? Whatishumanresource management? Humanresourcemanagement (HRM) isthepracticeofmanagingpeople andtheirworkprocesses.HRMincludesactivitiessuchasrecruitment, selection,training,performanceappraisal,compensation,rewards,and

  2. termination.HRMisacorefunctionofanybusinessandisoften overlooked.However,withoutproperhumanresourcemanagement, businessescannotsucceed. • HumanResourceManagement (HRM)isdefinedasthestrategic planningandcoordinationofpeople’sworkactivitiesthroughouttheir careerswiththeaimofensuringorganizationalsuccess. • HRMencompassesallaspectsoftheroleofthemanagerinrelationto employeerelations,compensation,training,performancemanagement,job design,recruitment,selection,retention,termination,careerplanning, successionplanning,compensation,benefits,andrelatedissues. • HRMshouldnot beconfusedwithpersonnelmanagement.Personnel managementfocusesontheadministrativeandoperationaltasks associatedwithemployingindividuals.Incontrast,HRMisconcernedwith thestrategicplanningandcoordinationnecessarytoensureorganizational success. • AccordingtoBagozzi & Yi-Hui (2006), HRMincludessixcore components: • Recruitmentand Selection • Hiring andManagingTalent • CompensationandBenefits

  3. Training and Development • PerformanceAppraisal • Payrollmanagementsystem • HRMinvolvesworkingcloselywiththosewhorecruit,hire,manage,train, develop,evaluateandcompensateemployees. • HRMhas three levels of application: • Strategiclevel–wherethefocusisonstrategyalignmentwithbusiness goals; • Operationallevel–wherethefocusliesonhowtheorganization implementsitsstrategiesacrossindividualteams; • Tacticallevel–wherethefocusfallsonday-to-dayactivitieswithinan organization. • 7.Itkeepstrackofemployee'sperformanceandevaluatestheir effectiveness.Itpromotesethicalconductamongemployeesand managers. • Source:HumanresourcemanagementsystemSingapore

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