HUMAN RESOURCE MANAGEMENT

HUMAN RESOURCE MANAGEMENT

What?

  - Concerned with people’s dimension

  - Policies and practices needed to carry out the people or human resource aspects

  - consideration of HR as human capital: mobilization of all resources

  How?

  - Through: recruitment, screening & selection, training & development, rewarding, appraising

  Why?

       individual development,

      desirable working relationship between employers, management & employees,

      effective molding of human resources with physical & other resources,

      for accomplishing organizational objectives

    

Functions/Components of HRM

A. Acquisition:

  - Begins with HR planning

  - Forecasting future demand, the right people in right number

  - HR requirements assessment

  - Estimating demand and supply of manpower

  - Preparing human resource inventory: current level and requirement

  - Components:

  * planning  * recruitment

  * selection  * placement 

  * socialization

HR Planning(HRP):

  - Ensuring right number and kind of people, at right place, right time, capable of effectively and efficiently completing tasks

  - A process for determining and assuring that the organization will have an adequate number of qualified persons, available at proper times, meeting the needs of organization

  - A process of:

  * Analyze business plans to establish future HR requirements

  * Estimate future HR availabilities

  * Reconcile availabilities and requirements

  * Formulate action plan

Recruitment:

  - linking activity bringing together those with jobs and seeking jobs

  - searching and motivating probable candidates to apply for the vacant

  - helping tool to choose the best available candidate

Selection:

  - choosing right candidate best suited for the requirement

  - rejecting unsuitable applicants

  - choose individuals who possess necessary skills, abilities, personalities meeting job specification

Placement:

  - providing the job/task/role

  - providing authority and responsibility with job description

Socialization:

  - a process of adaptation that takes place as individuals attempt to learn the values and norms of work roles

  - knowing about organization culture, beliefs, customs

  - process of adjustments or assimilation of new employees in the organization

B. Development:

  - Three elements:

  * Employee training- skills development and the changing of   attitudes among workers

  * Management development- acquiring knowledge and   enhancement of manager’s conceptual abilities

  * Career development- continued affects to match long term individual and organizational needs

C. Motivation/Utilization:

  - Utilize HR, existing and new

  - Individual difference address

  - Every human are unique and different

  - Elements:

  * job design  * performance evaluation

  * rewards  * job evaluation

  * compensation and benefit etc.

D. Maintenance:

  - Concerned with providing proper working conditions- physical & psychological

  - Safety & health, labor relation

  - For positive employee attitude, commitment, productive employees