INTRODUCTION TO HUMAN RESOURCE MANAGEMENT

MEANING DEFINITION

EVOLUTION OF HRM IN INDIA

1920s

- 1930s 1940s 1960s 1970s 1980s 1990s

SCOPE OF HRM
Prospects Of HRM Nature of HRM Employee Hiring Employee Remuneration Industrial Relations Employee Maintenance Employee Motivation

OBJECTIVES OF HRM
SOCIETAL OBJECTIVES ORGANISATIONAL OBJECTIVES FUNCTIONAL OBJECTIVES PERSONAL OBJECTIVES

FUNCTIONS OF HRM
Procurement of man power Development of manpower Compensation Integration of interests Maintenance of manpower Provision of welfare facilities

FEATURES OF HRM
Managing people People-oriented process Develops employee's potentialities Integral part Secures cooperation

Future oriented

IMPORTANCE OF HRM
Significance for an enterprise Professional significance Social significance National significance

BEST HRM PRACTICES

ROLE OF HRM

Recruitment, selection & development of manpower Industrial relations Provision of welfare facilities Manpower management Information collection Expansion, modernization & automation

HRM MODEL

JOB ANALYSIS
FRINGE BENEFITS WAGES & NCENTIVES CAREER PLANNING JOB DESIGN

JOB EVALUATION

MANPOWER PLANNING

PROMOTIONS

HUMAN RESOURCE MANAGEMENT

RECRUITMENT

JOB TRANSFER SELECTION JOB ROTATION EMPLOYEE TRAINING PLACEMENTS

INDUCTION

Differences between Personnel

Management & HRM
Sr. No. 1 DIMENSION Employment contract PM Careful delineation of written contracts Integrated HRM Aim to go beyond contract Piecemeal Performancerelated Can do outlook impatience with rule

2 3 4

Initiatives

Remuneration Fixed Rules Importance of devising clear rules

Sr. No.
5 6

DIMENSION
Speed of decisions Training & development

PM
Slow Controlled access to courses

HRM
Fast Learning companies

Job design

Division of work Precedes HRM

Team work

Evolution

Latest in the evolution of the subject

CHALLENGES FOR HRM MANAGER

Challenges relating to recruitment, selection and development of manpower. Challenges relating to industrial relations. Challenges relating to provision of welfare facilities. Challenges relating to manpower management.