7 Roles Of Human Resource Management - PowerPoint PPT Presentation

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7 Roles Of Human Resource Management

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Human resource management (HRM) is the practice of managing people and their work processes. HRM includes activities such as recruitment, selection, training, performance appraisal, compensation, rewards, and termination. HRM is a core function of any business and is often overlooked. However, without proper human resource management, businesses cannot succeed. – PowerPoint PPT presentation

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Title: 7 Roles Of Human Resource Management


1
What Are The 7 Roles Of Human Resource
Management?
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What is human resource management? Human
resource management (HRM) is the practice of
managing people and their work processes. HRM
includes activities such as recruitment,
selection, training, performance appraisal,
compensation, rewards, and
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2
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  • termination. HRM is a core function of any
    business and is often overlooked. However,
    without proper human resource management,
    businesses cannot succeed.
  • Human Resource Management (HRM) is de?ned as the
    strategic planning and coordination of peoples
    work activities throughout their careers with
    the aim of ensuring organizational success.
  • HRM encompasses all aspects of the role of the
    manager in relation to employee relations,
    compensation, training, performance management,
    job design, recruitment, selection, retention,
    termination, career planning, succession
    planning, compensation, bene?ts, and related
    issues.
  • HRM should not be confused with personnel
    management. Personnel management focuses on the
    administrative and operational tasks associated
    with employing individuals. In contrast, HRM is
    concerned with the strategic planning and
    coordination necessary to ensure organizational
    success.
  • According to Bagozzi Yi-Hui (2006), HRM
    includes six core components
  • Recruitment and Selection
  • Hiring and Managing Talent
  • Compensation and Bene?ts

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3
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  • Training and Development
  • Performance Appraisal
  • Pay roll management system
  • HRM involves working closely with those who
    recruit, hire, manage, train, develop, evaluate
    and compensate employees.
  • HRM has three levels of application
  • Strategic level where the focus is on strategy
    alignment with business goals
  • Operational level where the focus lies on how
    the organization implements its strategies
    across individual teams
  • Tactical level where the focus falls on
    day-to-day activities within an organization.
  • 7. It keeps track of employee's performance and
    evaluates their effectiveness. It promotes
    ethical conduct among employees and managers.
  • Source Human resource management system Singapore

Employee database management Scheduling shifts software PSG Grants
Applicant tracking system Leave management system Singapore public holidays
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