Skip to content

Human Resource Management (HRM)

Meaning and Definition of HRM

Meaning

Human Resource Management (HRM) is the practice of recruiting, hiring, deploying, and managing an organization's employees. It involves overseeing various aspects of the employment process and employee lifecycle within an organization. image

Definition

Human Resource Management is a detailed process that encompasses several key functions:

  • Recruiting: Searching for and attracting the right candidates for the organization.
  • Selecting: Choosing the most suitable candidates from those that apply.
  • Inducting: Introducing new employees to the organization and its culture.
  • Providing Orientation: Helping new hires understand their roles and the organization's operations.
  • Imparting Training and Development: Offering opportunities for skills enhancement and professional growth.
  • Appraising Performance: Evaluating employee performance on a regular basis.
  • Deciding Compensation and Providing Benefits: Determining salaries, wages, and other benefits like health insurance, which are competitive and fair.
  • Motivating Employees: Encouraging employees to perform at their best through various motivational techniques.
  • Maintaining Relations: Ensuring good relationships between employees and management, including handling relations with trade unions.
  • Ensuring Safety, Welfare, and Health: Implementing measures to protect employees from workplace hazards and providing programs that promote health and well-being.
  • Compliance with Labour Laws: Adhering to local, national, and international labor laws and regulations.
  • Following Legal Orders: Abiding by the orders and judgments of relevant courts, such as High Courts and the Supreme Court, regarding employment practices.

Additional Definition by Gary Dessler

Gary Dessler defines Human Resource Management as "the process of acquiring, training, appraising, and compensating employees, and of attending to their labor relations, health and safety, and fairness concerns."

This comprehensive approach ensures that the workforce is efficient, productive, and motivated, and that the organization complies with all legal requirements and maintains a positive workplace environment.

Hive Chat
Hi, I'm Hive Chat, an AI assistant created by CollegeHive.
How can I help you today?
🎶
Hide