Human Resource Management
Meaning:
Human Resource Management
is the process of recruitment, selection of employee, providing proper
orientation and induction, providing proper training and the developing
skills, assessment of employee (performance of appraisal), providing
proper compensation and benefits, motivating, maintaining proper
relations with labour and with trade unions, maintaining employees
safety, welfare and health by complying with labour laws of concern
state or country.
Why name human resource management?
Why name human resource management?
Human: refer to the skilled workforce in the organisation.
Resource: refer to limited availability or scarce.
Management: refer to maximise or proper utilisation and make best use of limited and a scarce resource.
Altogether,
human resource management is the process of proper and maximise
utilisation of available limited skilled workforce. The core purpose of
the human resource management is to make efficient use of existing
human resource in the organisation. The Best example
at present situation is, construction industry has been facing serious
shortage of skilled workforce. It is expected to triple in the next
decade from the present 30 per cent, will
negatively impact the overall productivity of the sector, warn industry
experts.
Every organisations' desire is to have skilled and competent people to make their organisation more effective than their competitors. humans are very important assets for the organisation rather than land and buildings, without employees ( humans ) no activity in the organisation can be done. Machines are meant to to produce more goods with good quality but they should get operated by the human only.
Every organisations' desire is to have skilled and competent people to make their organisation more effective than their competitors. humans are very important assets for the organisation rather than land and buildings, without employees ( humans ) no activity in the organisation can be done. Machines are meant to to produce more goods with good quality but they should get operated by the human only.
"you must treat your employees with respect and dignity because in the most automated factory in the world, you need the power of human mind. That is what brings in innovation. If you want high quality minds to work for you, then you must protect the respect and dignity. "
---Mr N.R. Narayana Murthy, Chairman Emeritus, Infosys Ltd >>.
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