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Human Resource Management. Session 1. HRM Definition. HRM is the function performed in organisations that facilitates the most effective use of people(employees) to achieve organisational and individual goals. HRM Process. Functions of Human resource management. Managerial Functions
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Human Resource Management Session 1
HRM Definition • HRM is the function performed in organisations that facilitates the most effective use of people(employees) to achieve organisational and individual goals.
Functions of Human resource management • Managerial Functions • Operative Functions
Emerging role of HRM • Value of Human Resources • Human Resources a competitive Advantage • Human Resources accounting • Role of HR Executives • Service Provider • Executive • Facilitator • Consultant • Auditor
Personnel Management • "Personnel management is the planning, organising, directing and controlling of the procurement, development, compensation, integration and maintenance of the people for the purpose of contributing to organizational, individual and social goals. • Edwin Flippo
Human Resource Planning • HRP can be defined as the process of ensuring the right number of qualified people, into the right job at the right time to deliver the results in an efficient and effective manner
Objectives of HRP • To maintain the required quantity and quality of HR required for a smooth & efficient functioning of the organisation.
Human Resource Planning Model Organizational Plans and Objectives Identify future HR requirements Compare with the current HR Inventory Determine the numbers, levels and criticality of vacancies Determine the redundant numbers Analyze the cost and time required for managing the demand Analyze the cost and time required for managing the surplus Choose the resources and methods of recruitment Redeploy Retrench