Human Resource Management Notes.

Human Resource Management (HRM) Notes

Definition of Human Resource Management:

Human Resource Management (HRM) is the process of managing employees in an
organization to improve performance and achieve organizational goals.

It involves:

•Recruiting employees

•Training workers

•Managing performance

•Maintaining employee relations




Objectives of HRM:

The main objectives of HRM are to:

•Improve employee performance

•Increase productivity

•Maintain good workplace relations

•Ensure employee satisfaction

•Achieve organizational goals




Functions of Human Resource Management

1. Recruitment and Selection:

Recruitment involves attracting qualified candidates for jobs.

Selection is choosing the most suitable candidate.

Importance:

, •Ensures skilled employees are hired




2. Training and Development:

Training improves employee skills and knowledge.

Development prepares employees for future responsibilities.

Benefits:

•Better performance

•Increased efficiency




3. Performance Appraisal:

Performance appraisal is evaluating employee performance.

Purpose:

•Identify strengths and weaknesses

•Improve productivity




4. Compensation and Benefits:

Employees receive:

•Salaries

•Bonuses

•Incentives

•Other benefits