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What is Human Resource Management? - Coggle Diagram
What is Human Resource Management?
Human resource management is the development and implementation of system in an organization for attracting, developing and retaining a high-performing workforce.
Other title for HRM Specialists
Welfare Officer, Personnel Manager, Human Resource Manager, Human Capital Manager
Changes Affecting HRM
Technological changes, Globalization and increased competition, Employee education and expectations, Workforce diversity
What are the criteria for an organization to have a dedicated HR department?
Ownership of the company
Philosophy of top management
Size of the company
Personal Qualities and Skills Required of HRM Specialist
Communication skills
Ability to bring about change
Information technology (IT) savvy
Ability to understand the business context
High ethical standards
Function of the HR department
EMPLOYEMENT
Human resource planning, Setting policies and administering disciplinary action system, Recruitment
TRAINING AND DEVELOPMENT
Holding introduction programs, Providing skills training, Organizing supervisory and management development programs
PAYMENT/ REWARD SYSTEMS
Developing a wage structure, preparing information for payroll, Advising on benefits
HEALTH AND SAFETY
Organizing safety programs, Accident investigation, Provision of health services