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"HRM Is The Provision of Leadership and Direction of People in Their Working or Employment Relationship" - Dale Voder

HRM is the provision of leadership and direction of people in their working or employment relationship. It involves key functions like recruiting, performance management, learning and development, compensation and benefits, and ensuring employee safety, health and engagement. Some examples of effective HRM practices include Starbucks' unique selection process, Google allowing employees to spend 20% of their time on personal projects, and providing rewards and recognition like bonuses or written praise to motivate employees.

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73 views8 pages

"HRM Is The Provision of Leadership and Direction of People in Their Working or Employment Relationship" - Dale Voder

HRM is the provision of leadership and direction of people in their working or employment relationship. It involves key functions like recruiting, performance management, learning and development, compensation and benefits, and ensuring employee safety, health and engagement. Some examples of effective HRM practices include Starbucks' unique selection process, Google allowing employees to spend 20% of their time on personal projects, and providing rewards and recognition like bonuses or written praise to motivate employees.

Uploaded by

PRANAV RATHI
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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“HRM is the provision of leadership and direction of people in their working or

employment relationship”
-Dale Voder
WHAT IS HUMAN RESOURCE MANAGEMENT (HRM)?

• Recruiting

• Providing orientation to Employees

• Appraising their performance

• Motivating them

• Ensuring their Safety


15 KEY FUNCTIONS OF HRM

1) Human resource planning


2) Recruitment
3) Performance management
4) Learning & development
5) Career planning
6) Information sharing
7) Rewards & recognition
8) Compensation & benefits
9) Industrial relations
10)Policy formulation
11)Health & safety
12)Personal well-being
13)Employee engagement
14)Compliance
15)Administrative responsibility
1)HUMAN RESOURCE PLANNING

 Also known as Workforce Planning

 An HR should know the future needs of the company

 Helps to Recruit , Retain and Optimize

• EXAMPLE:

• STARBUCKS has a unique selection process

• This approach of them has led to the lowest employee


turnover rate compared to other quick service
restaurants.
2)EMPLOYEE ENGAGEMENT
 Helps to acquire new and brilliant talent in the company

 Enhances well being and boosts productivity of the


employees

 Ensures every employee is fully dedicated and committed to


the company’s missions and goals

 Organizations put significant sums in employee engagement


to convince employees that they matter

EXAMPLE:

Google allows its employees to spend 20% of


their time on their personal projects

It has delivered some great results like Gmail and


Google Maps
3) REWARDS & RECOGNITION
 If implemented effectively then it proves to be an
efficient tool

 Recognizing employees efforts makes them feel


worthy

 It is a fact that encouraged employees can change


the fate of the company

 They can be Monetary or Non-Monetary

EXAMPLES:
Bonuses, Written praise, Verbal praise
4) PERFORMANCE MANAGEMENT
 It builds a communication system between Manager
and an employee which occurs throughout the year,
in support of accomplishing the strategic objectives
of the organization.

 The performance management is a tool which is


widely used by managers to monitor and evaluate
the work performance of the employees.

 It enables the employee to achieve the work


performance of set standards
5) INDUSTRIAL RELATIONS
 By maintaining good industrial relations organizations
hope to keep employees loyal and more engaged

 HR helps in preventing and resolving disputes or


problems between the management and the
employees

 HR also assists in creating and enforcing policies that


are fair and consistent for everyone in the workplace

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