Human Resources Management


(Figure 1 )

Introduction

Human Resource Management (HRM) is an operation in companies designed to maximize employee performance in order to meet the employer’s strategic goals and objectives.

Every organization has many roles and HRM plays as an essential role. It is the lifeblood of many organizations. The primary role of the HR department is to invest in an organization’s human capital, implementing a range of activities that enable them to deliver the most efficient and effective economic output.

Human Resources activities fall under 7 core functions. Recruitment and Selection, Training and Development, Performance Management, Employee Relations, Employment Law and Compliance, Compensation and Benefits and Administration, Payroll & HR Systems.

What are the HR functions?

HR functions are the main responsibilities of the HR department in a business. Each of these basic functions falls into a wide range of activities that involve a concern for employee well-being that is balanced with the needs of the company. Departments of Human Resources carry out these activities to ensure that the institution treats the employee in a way that is mutually beneficial to the employee and the overall business objectives

                                              Seven core functions of HR

                                                                     ( Figure 02 )

1. Recruitment & selection

Recruitment and selection are a main function of HR. These include identifying role requirements, writing job descriptions, defining role requirements and setting the right candidate's skills set, salary budgeting, advertising to the right people, testing, interviewing and choosing the best person.

      2. Training and Development

Human resource training and development is essential to address the skills or training deficiencies among employees and to provide them with the tools they need to strengthen their skills, enhance their confidence, and function more effectively

3.    Performance Management

After giving employees about 1 year of service, a performance appraisal is organized to test their performance. Future promotions, incentives and increments will be determined based on these assessments.

4.    Employee Relation

There are two primary functions of employee relations (ER). First, it helps prevent and resolve issues or disputes between HR employees and management. Second, they assist in the formulation and enforcement of fair and consistent policies for the entire workforce.

 5.     Employee Law and Compliance

All HR professionals should be familiar and up-to-date on employment law and ensure that corporate policies, procedures and benefits comply with the latest laws.

 6.    Compensation and benefits

Compensation and benefits can be a favorite human resource function of every employee. Company benefit offered to their employees’ social security, pensions, personal health insurance, longevity benefits, corporate discounts, paid leave, paid sick leave, childcare, profit sharing, gym membership and much more.

7.    Administration, Payroll and HR system

System development, maintenance of employee data, tax calculation, determination of working hours and vacation time, and payment of salaries are general administrative duties that fall under human resources.

 

References

https://www.scoutlogicscreening.com/blog/major-functions-hr-activities

https://www.hrprofilingsolutions.com.au/blogs/aus-blog/what-are-the-7-functions-of-hr/

https://www.tutorialspoint.com/human_resource_management/human_resource_management_introduction.htm

Comments

  1. Beyond the limits....20 March 2022 at 17:00

    You have taken a good step to introduction to HRM. It can be easily understand even a beginner. Good Luck

    ReplyDelete
  2. Dharshana MBA2420 March 2022 at 18:01

    This is a vast area in HRM. Some how it has been described and explained very well. All the best

    ReplyDelete
  3. Chamila Thilakaratne (LMU, ESOFT MBA Batch #24)20 March 2022 at 19:09

    You have provided a very useful explanation of HRM that even beginners can understand and gain a clear understanding of HRM functions.
    The article was extremely informative on Human resource management, which we can grab lot of details.well done👍

    ReplyDelete
  4. Vajira Rajapakse 20 March 2022 at 19:27

    Good explanation about the HRM.Specialy seven core function of HR very briefly way mentioned .

    ReplyDelete
  5. Sachini Gamage20 March 2022 at 22:55

    You have explained nicely what is HRM. By reading this article we can get a big idea about HRM. Good Luck.

    ReplyDelete
  6. Amjad Aboobakar21 March 2022 at 03:26

    Good briefing on the HR modules

    ReplyDelete
  7. Dilini MBA21 March 2022 at 06:56

    HRM being one of the main functions in an organisation, this is a well descriptive article on the functions of HR. The reader can get a good understanding. All the Best!

    Dilini Karunaratne

    ReplyDelete
  8. Hasitha21 March 2022 at 19:26

    Well explained. I feel if you could include the history of HRM n transformatation up to now will turn this article to a perfect one.
    All the best!!!

    ReplyDelete
  9. Uditha Arawpola22 March 2022 at 06:23

    Excellent subject. You have provided a detailed introduction to HRM and HR functions, as well as how they benefit employees and overall corporate objectives. All the best!!!

    ReplyDelete
  10. AparnaMBA202210 April 2022 at 10:19

    you chose a better topic for your article & clearly explained about it. you have explained about the seven core functions of HR. its very important for everyone. good work!

    ReplyDelete

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