Human Resource Management is basically a strategic approach to management of an organization's employees. It deals with employment of people, development of their skills and resources, utilizing, maintaining and compensating their services according to the organizational requirements.
In old times, the focus of most organizations was on Personnel management, which particularly dealt with Personnel administration management. Whereas the current Human Resource management also deals with organizational management, Manpower management, industrial management, training and development etc.
A chronological list of all the mankind events, thoeries, values, principles, and practices that constiuted the present profession of Human Resource Management.
Human resource management is all about management of a resource that we call human beings. Human is a resource which is playing a vital role round the world. It is about the human who are working round the world. People have different areas of their choice. They may work for their own and their families as well. People are facing a lot of problems too. These problems are accountable of many troubles round the planet. We may observe the miseries of people due to their mismanagement. All around the world, people have troubles due to mismanagement of human resource. If they are serious to resolve the issues and give all of them their correct value then they would be able to do their proper management. Management is easy to do in social, financial and educational terms but it is difficult to manage human resource as people have their priorities and they want to live their life in their way. So, it is a tough task to manage human resources. Hope it is clear now!
Modern HR management is radically different from personnel management of decades ago. Since the turn of the last century, the managerial philosophy that has defined the personnel function has undergone significant changes, internationally as well as in South Africa. In the last 80 years of the 20th century, both the scientific management approach and the human relations approach have appeared and declined; today what has popularly became known as the human resources approach has emerged.
There is a great scope of human resource management in the field of market in future. Unemployment at 4.5.Payroll employment up by 157,000 in May, and the unemployment rate was at 4.5 percent.
Surveying Employee Opinions - A latest survey measure that only 51% of American businesses formally tell workers about their part at the workplace. Recruitment Practices A survey measure that 75 per cent of 180 firms answering either use or plan to use psychological assessment for high selection and development. Over half currently use such methods, a further 16.7 per cent are considering their implementation. Hiring and Orientation Programs Neglected
A study of human resources found that the necessary of hiring and orientation function is often ignored in the development of corporate goals and employee power. Paid Leave Comparisons A comparison of public policies for working similar in 173 countries shows that while the US performs well in saving individual workers from workplace discrimination on the basis of sex, age, and disability.
E-mail: Way to Gossip and Waste Time A survey has guess that e-mail continues to be the most famous helpful work flow instrument increasing costs and business or legal risks. HR Ripe for Outsourcing A recent survey has found that firms are ripe for HR outsourcing as they increasingly seek standardization as part of a re-force on method of business initiatives