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HRM
Module-1
| Question | Answer |
|---|---|
| Define HRM. | The planning, organizing, directing and controlling of the procurement, development, compensation, integration, maintenance and separation [pdcims]of human resources to the end that individual, organizational and societal objectives are accomplished.” |
| HRM Features 1] SYSTEMATIC PROCESS | Systematic process for managing ppl in the workplace. It includes: -HRP -Job Evaluation -Recruitment & Selection -Placement -Training & Development -Compensation -Promotion -Transfer |
| 2]PEOPLE-ORIENTED | -focuses on ppl in the organisation -treats employees as valuable assets and works to develop their skills -aims to understand their needs, expectations and behaviour -works to keep employees satisfied, motivated and happy at work |
| 3]DEVELOPMENT-ORIENTED | -continuous development of employees by providing training, upskilling, and career advancement opportunities. -identifies gaps in employee competencies and arranges learning programs to fill them. -ultimate aim is to improve individual performance a |
| 4]CONTINUOUS PROCESS | -not a one-time activity but an ongoing process that runs throughout the lifecycle of an employee in the organization. -begins with recruitment and continues through induction, training, performance appraisal, promotions, and retirement or exit. -Thi |
| 5]GOAL-ORIENTED | -designed to achieve both organizational and individual goals. -strives to align the goals of the employees with the strategic objectives of the company. -employees aim for job satisfaction, career growth, and recognition, organizations aim for effi |
| 6]UNIVERSAL FUNCTION | -HRM is a function that applies to all types of organizations—whether big or small, public or private, local or global. -Every organization that employs people needs to manage them effectively, making HRM a universal function. -The scale and tools m |
| 7]EMPLOYEE WELFARE | -It includes looking after the health, safety, and general well-being of employees. -HRM provides welfare measures such as medical insurance, mental health support, workplace safety, grievance redressal mechanisms, and recreational facilities. -Thes |
| 8]LEGAL COMPLIANCE | -HRM ensures that the company follows all labor laws and employment rules. -These laws protect employees' rights related to wages, working hours, safety, leave, and equal treatment. -The HR department must stay updated with legal changes and make su |
| 9]TECHNOLOGICALLY ADAPTIVE | -From online recruitment platforms and digital attendance to AI-driven performance analysis, HRM adapts to technological advancements to streamline operations and make data-driven decisions. |
| 10]MUTUAL RELATIONSHIP BUILDING | -HRM helps build a strong and healthy relationship between employers and employees by encouraging open communication, solving problems fairly, and maintaining discipline. It creates trust and teamwork, which improves the work environment and performa |