What is HRM Process

1
The HRM Process A Comprehensive Overview
Human resource management (HRM) is the strategic
and comprehensive approach to managing an
organization's most valuable asset its people.
2
Defining HRM
Strategic
Integrated
HRM aligns with the organization's overall
strategic goals and objectives.
HRM involves multiple functions, ensuring smooth
integration and consistency across various
departments.
3
Key Stages of the HRM Process
HR planning Forecasting future workforce needs
and developing strategies to meet them.
1
Recruitment selection Attracting and choosing
the right candidates for vacant positions.
2
Training development Upgrading employee skills
and knowledge to enhance performance and growth.
3
Performance management Evaluating employee
performance, providing feedback, and setting
goals.
4
Compensation benefits Designing competitive
compensation packages and benefits programs.
5
Employee relations Maintaining positive and
productive relationships between management and
employees.
6
4
Human Resource Planning
Forecasting
Talent Inventory
1
2
Anticipating future workforce needs based on
business trends and goals.
Analyzing the skills and experience of existing
employees to identify gaps and potential.
Succession Planning
3
Developing strategies for replacing key personnel
to ensure continuity and stability.
5
Recruitment and Selection
Job Analysis
Sourcing Candidates
Defining the requirements and responsibilities of
each position to attract the right candidates.
Utilizing various channels to reach potential
applicants, such as job boards, social media, and
referrals.
Selection Process
Conducting interviews, assessments, and
background checks to evaluate candidates'
suitability.
6
Training and Development
Onboarding
Skills Development
Introducing new employees to the organization's
culture, policies, and procedures.
Providing training programs to enhance employee
skills, knowledge, and abilities.
Leadership Development
Cultivating leadership potential by offering
mentorship programs and training initiatives.
7
Performance Management
Goal Setting
Establishing clear and measurable performance
goals aligned with organizational objectives.
1
Performance Reviews
2
Regularly evaluating employee performance against
agreed-upon goals and providing feedback.
Performance Improvement Plans
3
Developing strategies to address areas requiring
improvement and enhance employee performance.
8
Compensation and Benefits
Salary Structure
1
Developing a competitive and fair salary
structure based on market research and job
evaluations.
Benefits Programs
2
Offering a comprehensive range of benefits, such
as health insurance, retirement plans, and paid
time off.
Compensation Review
3
Regularly reviewing and adjusting compensation
and benefits packages to remain competitive.
9
Challenges and Best Practices
1
2
Talent Acquisition
Diversity Inclusion
Staying ahead of the competition to attract and
retain top talent in a tight labor market.
Creating an inclusive workplace where all
employees feel valued, respected, and empowered.
3
4
Technology Integration
Employee Engagement
Leveraging technology to streamline HR processes
and improve efficiency and employee experience.
Creating a positive and engaging work environment
that fosters employee motivation, loyalty, and
productivity.