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HRM Notes

The document provides an overview of Human Resource Management (HRM), detailing its evolution from traditional personnel management to a strategic function. It outlines the meaning, definition, functions, roles, and competencies of HRM, as well as the challenges and trends facing the field today. Additionally, it highlights the importance of HR policies and the use of Human Resource Information Systems (HRIS) in enhancing HR efficiency.

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55 views3 pages

HRM Notes

The document provides an overview of Human Resource Management (HRM), detailing its evolution from traditional personnel management to a strategic function. It outlines the meaning, definition, functions, roles, and competencies of HRM, as well as the challenges and trends facing the field today. Additionally, it highlights the importance of HR policies and the use of Human Resource Information Systems (HRIS) in enhancing HR efficiency.

Uploaded by

nithinkumar88664
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Introduction to Human Resource Management (HRM)

1. Evolution of HRM
HRM has evolved over time from traditional personnel management to a strategic function. Key
stages include:
- Industrial Revolution: Focus on labor welfare.
- Scientific Management Era: Emphasis on productivity.
- Human Relations Movement: Employee motivation and engagement.
- Modern HRM: Integration with business strategy.

2. Meaning, Definition, and Functions of HRM


Meaning: HRM is the strategic management of an organization's workforce to achieve business
objectives.

Definition: HRM is "the planning, organizing, directing, and controlling of human resources to
maximize individual and organizational performance."

Functions of HRM:
- Recruitment & Selection
- Training & Development
- Performance Management
- Compensation & Benefits
- Employee Relations
- HR Planning and Strategy

3. Role of HRM
HRM plays a critical role in:
- Talent acquisition and management.
- Employee engagement and retention.
- Compliance with labor laws.
- Organizational culture and development.

4. HRM as a Profession
HRM has become a recognized profession with structured training and certifications, such as:
- MBA in HRM
- SHRM and PHR Certifications

5. Status and Competencies of HR Manager


Status: HR managers are strategic partners in business growth.

Competencies:
- Leadership and decision-making.
- Communication and negotiation skills.
- Knowledge of labor laws.
- Technological proficiency in HR systems.

6. HR Policies
HR policies guide organizational workforce management, including:
- Recruitment and selection policies.
- Workplace ethics and conduct policies.
- Compensation and benefits policies.

7. Emerging Challenges of HRM


- Workforce diversity management.
- Technological advancements in HR.
- Employee engagement and well-being.
- Compliance with evolving labor laws.

8. HRM Issues in Indian Organizations


- High attrition rates.
- Skill development and training gaps.
- Labor law compliance.
- Employee productivity challenges.

9. Human Resource Information System (HRIS)


HRIS enhances HR efficiency by automating functions such as:
- Payroll and benefits administration.
- Attendance and leave tracking.
- Employee performance management.

10. Emerging Trends in HRM


- AI and automation in HR processes.
- Remote and hybrid work models.
- Data-driven HR decision-making.
- Employee wellness and mental health programs.

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