Human Resource Management (HRM) is the process of managing the organization's most valuable asset - its people. It is the function within an organization that focuses on the recruitment, management, and providing direction for the people who work in the organization. According to the Society for Human Resource Management (SHRM), "Human Resource Management is the process of acquiring, training, appraising, and compensating employees, and of attending to their labor relations, health and safety, and fairness concerns."
HRM is a broad field that encompasses many different activities, including:
- Recruiting and hiring employees
- Training and developing employees
- Managing employee benefits
- Managing employee relations
- Managing compensation and payroll
- Managing employee performance and providing feedback
- Managing compliance with labor laws and regulations
HRM plays a critical role in an organization's success by ensuring that the organization has the right number of employees with the right skills and in the right roles, and that they are motivated and engaged in their work. According to the Chartered Institute of Personnel and Development (CIPD), "HRM is about people management. It is about creating and maintaining a positive working environment, in which people can perform to the best of their ability, and in which they are motivated and engaged in their work."
HRM is also responsible for creating and implementing policies and procedures that promote a positive work environment, such as those related to health and safety, discrimination, and harassment. Additionally, HRM is responsible for ensuring that the organization is in compliance with all relevant labor laws and regulations. According to the International Labour Organization (ILO), "HRM is concerned with the management of people in organizations. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, as well as organizational leadership and culture, and ensuring compliance with labor laws."
In conclusion, Human Resource Management is a critical function within an organization that is responsible for managing the organization's most valuable asset - its people. It encompasses a wide range of activities, including recruitment and hiring, training and development, employee relations, compensation and payroll, performance management, and compliance with labor laws and regulations. HRM plays a critical role in an organization's success by ensuring that the organization has the right number of employees with the right skills and in the right roles, and that they are motivated and engaged in their work.
Sources:
- Society for Human Resource Management. (n.d.). What is Human Resource Management? Retrieved from https://www.shrm.org/resourcesandtools/tools-and-samples/toolkits/pages/whatishrm.aspx
- Chartered Institute of Personnel and Development (CIPD). (n.d.). Human resource management. Retrieved from https://www.cipd.co.uk/knowledge/fundamentals/people/hrm
- International Labour Organization (ILO). (n.d.). Human resource management. Retrieved from https://www.ilo.org/global/topics/human-resource-management/lang--en/index.htm
"The Process of analyzing and managing an organizations human resources needs to ensure satisfaction of its strategic objectives”
-Management –Hellriegel/Slocum
“The policies and practices involved in carrying out the ‘people’ or human resources aspects of a management position, including recruiting, screening, training and appraising.”
-Human resource management –Gray Dessler
We can mention a business approach for the definition of human resource management as follows.
"a model of personnel management that focuses on the individual rather than taking a collective approach. Responsibility for human resource management is often devolved to line management. It is characterized by an emphasis on strategic integration, employee commitment, workforce flexibility, and quality of goods and services."
Also, it has defined as "All methods and functions concerning the mobilization and development of personnel as human resources, with the objective of efficiency and greater productivity in a company, government administration, or other organization." too.