Human Resource Management (HRM) : Nature,Scope,Objectives

Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human Resource Management can also be performed by line managers.

Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.

Human Resource Management is also a strategic and comprehensive approach to managing people and the workplace culture and environment. 

Human Resource Management: Nature

Human Resource Management is a process of bringing people and organizations together so that the goals of each are met. The various features of HRM include:

•It is pervasive in nature as it is present in all enterprises.

•Its focus is on results rather than on rules.

• It tries to help employees develop their potential fully.

• It encourages employees to give their best to the organization.

• It is all about people at work, both as individuals and groups.

• It tries to put people on assigned jobs in order to produce good results.

• It helps an organization meet its goals in the future by providing for competent and well-motivated employees.

• It tries to build and maintain cordial relations between people working at various levels in the organization.

• It is a multidisciplinary activity, utilizing knowledge and inputs drawn from psychology, economics, etc.

Human Resource Management: Scope

The scope of HRM is very wide:

1. Personnel aspect-This is concerned with manpower planning, recruitment, selection, placement, transfer, promotion, training and development, layoff and retrenchment, remuneration, incentives, productivity etc.

2. Welfare aspect-It deals with working conditions and amenities such as canteens, creches, rest and lunch rooms, housing, transport, medical assistance, education, health and safety, recreation facilities, etc.

3. Industrial relations aspect-This covers union-management relations, joint consultation, collective bargaining, grievance and disciplinary procedures, settlement of disputes, etc.

Human Resource Management: Objectives

•To help the organization reach its goals.

•To ensure effective utilization and maximum development of human resources.

•To ensure respect for human beings. To identify and satisfy the needs of individuals.

•To ensure reconciliation of individual goals with those of the organization.

•To achieve and maintain high morale among employees.

•To provide the organization with well-trained and well-motivated employees.

•To increase to the fullest the employee's job satisfaction and self-actualization.

•To develop and maintain a quality of work life.

•To be ethically and socially responsive to the needs of society.

•To develop overall personality of each employee in its multidimensional aspect.

•To enhance employee's capabilities to perform the present job.

•To equip the employees with precision and clarity in transaction of business.

•To inculcate the sense of team spirit, team work and inter-team collaboration.