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Human resource planning or Human Resource Planning refers to a process by which the company to identify the number of jobs vacant, whether the company has excess staff or shortage of staff and to deal with this excess or shortage.
This includes recruiting, hiring, and onboarding new employees. HRM also oversees employee relations, benefits, and payroll. In recent years, the scope of HRM has expanded to include strategic planning, talent management, and employee development.
Accomplishing advanced research in behavioral sciences, new ideas in man, management, and advances in the field of training and development. Explanation: The scope of human resource management refers to all the activities accompanied under the HRM, which are as follows: Human Resource Planning.
Based on information collected from job analysis the company prepares advertisements and publishes them in the newspapers. This is recruitment. A number of applications are received after the advertisement is published, interviews are conducted and the right employee is selected thus recruitment and selection are yet another important area of Human Resource Management.
HRM in Personnel Management: This is typically direct manpower management that involves manpower planning, hiring (recruitment and selection), training and development, induction and orientation, transfer, promotion, compensation, layoff and retrenchment, employee productivity.
t also relates to supervision, employee counseling, establishing harmonious relationships with employees, education and training. Employee welfare is about determining employees’ real needs and fulfilling them with active participation of both management and employees.
It is the art and science of understanding the employment (union-management) relations, joint consultation, disciplinary procedures, solving problems with mutual efforts, understanding human behavior and maintaining work relations, collective bargaining and settlement of disputes.
Human resources are undoubtedly the key resources in an organization, the easiest and the most difficult to manage!
The objectives of the HRM span right from the manpower needs assessment to management and retention of the same. To this effect Human resource management is responsible for effective designing and implementation of various policies,procedures and programs.
It is all about developing and managing knowledge, skills, creativity, aptitude and talent and using them optimally.
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