3. Human Resource Management (usually
referred to as HR) involves everything related
to the employer-employee relationship and is
about supporting and managing the
organization's people and associated
processes.
4. “The process of hiring and developing
employees so that they become more
valuable to the organization”
5. HRM is a service function
HRM must be regulation-friendly
Interdisciplinary
Fast changing
Focus on results
People centered
6. Training and Development
Recruitment
Employee Relations
Benefits
7. HRM in Personnel Management:
HRM in Employee Welfare:
HRM in Industrial Relations:
10. Human Resource Management Personnel Manager
Concerned with all level of
managers
Focuses on effectiveness
People as valuable
For goal achievement
Modern approach
Concerned with personnel
manager
Focuses on increase in
production
Assume people as input
For employee’s satisfactions
Traditional approach