Nature of Human Resource Management
Human Resource Management also known as HRM is an official term used to talk about the formal system designed for the people within an organization.
There are three major areas where the responsibilities of an HRM are Staffing, Employee Compensation & Benefits, and organizing the work
The important purpose of HRM is to look after the productivity of an organization by optimizing of its employees.
If properly channelized, HRM is capable of finding a solution to social and material problems faced by humans. HRM builds more competent and committed workforce and promises a right work culture in an organization.
Due to lack of work support, interest and sincerity in an organization, problems get created for implementing the Human Resource Development Practices.
The problems that hinder the effectiveness of human resources development are poverty, pollution explosion, illiteracy, sexual discrimination etc.
In order to make Human resource development problems effective, the government should take all possible steps to overpower the social problems using systematic process.
Human Resource Development can be best attained in an organization by developing skills, motivating the people for good performances within an organization and by boosting their energy.
There are few basic functions of Human Resource Management. Like; motivation, development, training and inception. Human resource planning falls under human resource management.
Human Resource Planning depends on the individual organization and the types of jobs it contains.
Human Resource Development: HRD is the idea through which employees improve and develop their personal as well as the organizational skills, abilities and understanding.
Human Resource management: HRM defines the formal system designed within an organization for the management of people.
Human Resource Planning: HRP is a process that defines current and future needs of human resources for an organization to attain its goal. Human Resource planning is like a link in between human resource management and the entire plan of an organization.