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Human Resource Management (HRM) is the function designed by the HR professionals to maximize the performance of the employees associated with the company.HRM is more about nurturing the individual skill set by providing an appropriate environment.For example,if an individual is working in a team then HRM looks after the team dynamics.It checks for the gender balance and the diversity within the team.In addition,HRM creates an environment for the teams to grow and represents the overall culture of the company.
Human Resource Management policies have a direct influence on the individual performance and consequently on the organization's performance overall. If there are appropriate reward and recognition programs in the company,then all the employees give their full effort to ensure the success of the project.It motivates them to accomplish the organization goal.On the other hand, a demotivating, recognizing environment leads to poor performance, degraded product quality and lack of interest of the individual in the job. It is only one aspect of the HRM department, and there are many more.
Human Resource Planning: It determines the number of employees that are needed in order to accomplish a goal. There are two ways to look at it.First it put less workforce into a project and make them work long hours or hire the required number of employees for the project so that everyone can have a life outside the office.We usually do not see the first approach unless market is tight. It is one of the primary functions of HRM.
Performance Appraisal: Assume that you are working throughout the year and gets nothing at the end of the year for the work that you have completed.It is hard to imagine such situation where you get nothing in terms of appraisal.HRM department takes care of it by providing the appropriate appraisals to the employees after doing the performance analysis.
Training and Development: A company invests a lot in the training and development of the people they hire. It serves the purpose of goal and thinking the alignment between the top management and the newly hired people.It becomes vital for the company to help new recruits understand the working culture, company work and organization goal.
The functions that are listed above are the primary one.However, there is a lot to HRM.It also includes Compensation benefits management,Employee relationship, personal relation management,Career planning, and orientation.HRM assignments are more practical in nature where you have to evaluate a situation and write the solution to a homework.Our tutors can help with HRM Assignment backed up with the detailed analysis and research.
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