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Lec 1 HRM

This document outlines a course on human resource management. It lists the course objectives as understanding what HRM is, its importance, and its key processes and functions like recruitment, training, performance management, compensation and benefits, and career development. The course topics are then outlined and will cover understanding HRM, staffing the organization, training and development, and maintaining high performance. The document concludes by introducing HRM and defining it as the management of an organization's workforce, and highlighting the importance of HRM in ensuring efficiency and effectiveness through strategic workforce management.

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Jannat Khan
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47 views22 pages

Lec 1 HRM

This document outlines a course on human resource management. It lists the course objectives as understanding what HRM is, its importance, and its key processes and functions like recruitment, training, performance management, compensation and benefits, and career development. The course topics are then outlined and will cover understanding HRM, staffing the organization, training and development, and maintaining high performance. The document concludes by introducing HRM and defining it as the management of an organization's workforce, and highlighting the importance of HRM in ensuring efficiency and effectiveness through strategic workforce management.

Uploaded by

Jannat Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 22

Human Resource

Management
BSE-8

Lec -1
1
Course OBJECTIVES

To understand and comprehend:


 What is HRM?
 What is the importance of HRM?
 HRM Process and Functions
 Recruitment and selection
 Orientation and Training
 Performance management
 Compensation and benefits
 Career Development

2
Course content

 Recommended text:
 Fundamentals of Human Resource Management, By David A. DeCenzo, Stephen P.
Robbins and Susan L. Verhulst.

3
Course Topics
 UNDERSTANDING HRM
 The Dynamic Environment of HRM
 Fundamentals of HRM
 STAFFING THE ORGANIZATION
 Human Resource Planning and Job Analysis
 Recruitment
 Selection

4
Course Topics

 TRAINING AND DEVELOPMENT


 Socializing, Orienting, and Developing Employees
 Managing Careers
 MAINTAINING HIGH PERFORMANCE
 Establishing the Performance Management System
 Establishing Rewards and Pay Plans
 Employee Benefits

5
Lecture outline

Introduction to Human Resource Management (HRM)

6
Introduction to HRM

7
Organization and HRM

 Organizations have different departments.

 Finance
 Marketing
 Research and Development
 Human Resource Management

8
Human Resource Management

 No universal definition
 Term originated in the USA
 Initially interchangeable with ‘Personnel Management’
 Managing Humans (Employees)
 The management of people to do the work. (Boxall and Purcell 2012)

9
Human Resource Management

Human resource management is the management of an organization's


workforce, or human resources.

The process by which managers ensure that they have the right number and kinds
of people in the right places, and at the right times, who are capable of
effectively and efficiently performing their tasks.
Managerial Concerns

 Efficiency
Getting the most output for the least inputs

 Effectiveness
Attaining organizational goals
Human Resource Management Process
Human Resource (HR)
Planning
 Assessing current human resources
 Assessing future needs for human resources
 Demand – supply = Gap(surplus/shortage)
Recruitment and Decruitment
 Recruitment
 The process of identifying, locating and
attracting capable applicants to an
organization.
 Decruitment
 The process of reducing a surplus of employees
in the workforce of an organization.
Selection
 Selection Process
 The process of screening job applicants to ensure that the
most appropriate candidates are hired.
Orientation

 Planned introduction of new employee to his/her job, co-worker and the


organization.
Employee Training

 Employee Training is a learning experience designed to


achieve a relatively permanent change in an individual that will
improve the ability to perform on the job.
 Up-to dated Skills.
Employee Performance
Management
 A process of establishing performance standards and appraising employee
performance.
 To provide documentation in support of decisions made under performance
evaluation.
Compensation and Benefits
 Compensation is the total amount of the monetary and non-monetary
pay provided to an employee by an employer in return for work
performed as required.
 Internal equity/External Equity
Career Development

 Career Defined
 The sequence of positions held by a person during his or her lifetime is called
career.
The Importance of Human Resource
Management (HRM)
 As a necessary part of the organizing function of management
 Selecting, training, and evaluating the work force
 As an important strategic tool
 HRM helps establish an organization’s sustainable competitive advantage.
 Adds value to the firm
 High performance work practices lead to both high individual and high
organizational performance.

21
Summary

 Title and Course Code


 Introduction
 Text Book
 Course Topics
 What is HRM (managing people/ employees)
 The importance of HRM (Important function)

22

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