Thanks to visit codestin.com
Credit goes to www.scribd.com

Scribd
Upload
65 views2 pages

HRM Essentials: Objectives & Functions

Human resource management (HRM) aims to effectively manage an organization's employees to gain a competitive advantage. HRM focuses on policies and systems related to recruitment, training, performance evaluation, compensation, and benefits. The objectives of HRM are to help the organization achieve its goals by ensuring the effective and maximum development of human resources while respecting individuals. HRM functions include managerial functions like planning, organizing, and controlling human resources, as well as operational functions like recruitment, training, performance appraisal, compensation and labor relations.

Uploaded by

nikita bajpai
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
65 views2 pages

HRM Essentials: Objectives & Functions

Human resource management (HRM) aims to effectively manage an organization's employees to gain a competitive advantage. HRM focuses on policies and systems related to recruitment, training, performance evaluation, compensation, and benefits. The objectives of HRM are to help the organization achieve its goals by ensuring the effective and maximum development of human resources while respecting individuals. HRM functions include managerial functions like planning, organizing, and controlling human resources, as well as operational functions like recruitment, training, performance appraisal, compensation and labor relations.

Uploaded by

nikita bajpai
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Q1. What is Human Resource Management?

What are the objectives and


functions of HRM?
Human Resource Management (HRM or HR) is the strategic approach to the effective
management of people in a company or organization such that they help their business gain
a competitive advantage. Human resource management is primarily concerned with the
management of people within organizations, focusing on policies and systems. HR
departments are responsible for overseeing employee-benefits design,
employee recruitment, training and development, performance appraisal, and reward
management, such as managing pay and benefit systems.
The overall purpose of human resources (HR) is to ensure that the organization is able to
achieve success through people. HR professionals manage the human capital of an
organization and focus on implementing policies and processes. They can specialize in
finding, recruiting, training, and developing employees, as well as maintaining employee
relations or benefits. Training and development professionals ensure that employees are
trained and have continuous development. This is done through training programs,
performance evaluations, and reward programs. 
Human resource management is therefore focused on a number of major areas, including:

 Recruiting and staffing


 Compensation and benefits
 Training and learning
 Labor and employee relations
 Organization development

OBJECTIVES

1)To help the organization reach its goals.


2)To ensure effective utilization and maximum development of human resource.
3)To ensure respect for human beings. To identify and satisfy the needs of individuals.
4)To ensure reconciliation of individual goals with those of the organization.
5)To achieve and maintain high moral among employees.
6) To provide the organization with well-trained and well-motivated employees.
7) To increase to the fullest the employee’s job satisfaction and self- actualization.
8) To develop and maintain a quality of work life.
9) To be ethically and socially responsive to the needs of society.
10) To develop overail personality of each employee in its multidimensional aspect.
11) To enhance employee’s capabilities to perform the present job.
12) To equip the employees with precision and clarity in trans-action of business.

FUNCTIONS
There are 3 functions in HRM:
(1) Managerial Functions:
Planning:
Planning is a predetermined course of actions. It is a process of determining the
organisational goals and formulation of policies and programmes for achieving them. Thus
planning is future oriented concerned with clearly charting out the desired direction of
business activities in future. Forecasting is one of the important elements in the planning
process. Other functions of managers depend on planning function.

Organising:
Organising is a process by which the structure and allocation of jobs are determined. Thus
organising involves giving each subordinate a specific task establishing departments,
delegating authority to subordinates, establishing channels of authority and communication,
coordinating the work of subordinates, and so on.

You might also like