Public Relations

HUMAN RESOURCES MANAGEMENT/ INTRODUCTION
HRM is the combination of traditionally administrative personnel functions with acquisition and application of skills, knowledge and experience, employee relations and resource planning at various levels.
In simple words it can be defined as employing people, maintaining and compensating their series in time with the job and organizational requirement.Human resource management is also an managerial function concerned with hiring, motivating and maintaining people in an organization. It generally focuses on people in organization.
HRM is generally a search for ‘best practices’ to generate high levels of employees, commitment and performance.
 
A) Rational or economic view- emphasis on people as costs and resources to be worked to secureefficiency.
B) Social or psychological view- Emphasis on people as not cost but as involvement.
 
Human resource management serves these key functions:
1. Recruitment & Selection
2. Training and Development (People or Organization)
3. Performance Evaluation and Management
4. Promotions/Transfer
5. Redundancy
6. Industrial and Employee Relations
7. Record keeping of all personal data.
8.Compensation, pensions, bonuses etc in liaison with Payroll
9. Confidential advice to internal 'customers' in relation to problems at work
10. Career development
11. Competency Mapping
12. Time motion study is related to HR Function
13. Performance Appraisal (evaluation )
 
Human resources are an organization's greatest assets because without them, everyday business functions such asmanaging cash flow, making business transactions, communicating throughall forms of media, and dealing with customers could not be completed.
 
Human resources and the potential they possess are key drivers for an organization’s success. With globalization and technological advances, today's organizations are continuously changing.
 
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Organizationalchange impacts not only the business but also its employees. In order to maximize organizational effectiveness,human potentials, individuals' capabilities, time, and talents must be managed and developed,the practice of human resource management (HRM) and human resource development (HRD) works to ensure that employees are able to meet the organization's goals.

IMPORTANCE OF HRM
*Attract andretain talent: s a process in which the employees are encouraged to remain with the organization for the maximum period of time or until the completion of the project. Employee retention is beneficial for the organization as well as the employee. . Retention involves five major things:
 
a) Compensation: Compensation includes salary and wages, bonuses, benefits, prerequisites, stock options,bonuses, vacations, etc.
b) Environment: Organizations should focus on managing the work environment to make better use of the available human assets. People want to work for an organization which provides:
Appreciation for the work done, ample opportunities to grow, a friendly and cooperative environment.
c) Growth: Growth and development are the integral part of every individual’s career.
d)Relationship: Sometimes the relationship with the management and the peers becomes the reason for an employee to leave the organization.
 
*Train people for challenging roles: Employees should be trained and given chance to improve and enhance their skills.
*Develop skills and competencies: The primary purpose of HRM is to make people’s strengths productive and to benefit customers, Stockholders andemployees.
*Promote team spirit: Employees should be connected with each other so that they work as a team.
*Develop loyalty and commitment: Organizations should be loyal as well as they should promote loyalty in the employees too. Try to make the current employees stay instead of recruiting new ones.
*Increase productivity and profits
*Improve job satisfaction: It tries to prompt and...