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Human Resource Management (HRM)

Last Updated : 18 Nov, 2023
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Human Resource Management is a process that brings people and organizations together so that organizational and individual goals can be achieved. Human resource management can be defined as the art of procuring, developing, and maintaining a competent workforce to achieve the goal of an organization effectively and efficiently. In the present business environment, no business can exist without appropriate human resources. So, human resources management has become the main focus of every organization.

Human Resource Management

Human Resource Management is defined by Edwin Flippo as “planning, organizing, directing, controlling of procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are achieved.”

Topics in Human Resource Management

  1. Human Resources (HR): Roles and Responsibilities
  2. Recruitment Process: 6 Necessary Steps in HRM
  3. Horn Effect | Meaning, Impact and Measures
  4. Emotional Intelligence | Meaning, Pillars and Importance
  5. Golden Parachute | Meaning, Working and Rules
  6. Group Polarisation | Meaning and Causes
  7. Behavioural Interview | Concept, Common Questions and Importance
  8. Employee Burnout | Reasons and Tips to avoid Employee Burnout at work
  9. Career Plateau | Meaning, Causes and Strategies
  10. Floating Holiday | Meaning, Purpose and Policy
  11. Document Management System | Features, Types and Benefits
  12. Short-Term Goals |Benefits of Quick Wins and Measuring & Tracking Short-Term Goals
  13. Background Check | Meaning, Need and Importance
  14. Career Pathing | Meaning, Importance, Kinds and Example
  15. Exit Interview | Advantages, Disadvantages and Tips
  16. Feedback Sandwich Method | Meaning, Working, Advantages and Disadvantages
  17. Candidate Relationship Management (CRM) | Meaning, Process and Importance
  18. Brinkmanship | Meaning, Effects and Ways to deal
  19. Cost per hire | Meaning, Importance and Components
  20. Insubordination| Meaning, Forms and Ways of Dealing
  21. Behaviourally Anchored Rating Scale (BARS) | Working, Benefits and Limitations
  22. Boomerang Employees | Meaning, Benefits and Drawbacks
  23. Buddy System | Meaning, Responsibilities and Advantages
  24. Bereavement Leave | Meaning, Elements and How does it work?
  25. Attendance Management | Meaning, Importance and Type
  26. 360-Degree Feedback | Meaning, Advantages and Disadvantages
  27. Difference between Mission and Vision
  28. 6 Stages of Employee Life Cycle
  29. Learning Strategies to Optimise the Training Process
  30. Ways to Create Diverse and Inclusive Workplaces
  31. Non-disclosure Agreement (NDA): Types, Clauses, Benefits, Problems and Precautions
  32. What is KRA? |Benefits and Limitations of KRA
  33. What is Internal job posting (IJP)? Explain benefits and challenges of Internal Job Postin
  34. Performance Improvement Plan | Full form of PIP
  35. Employee Retention & Engagement Strategies
  36. How to prepare an Employee Handbook?
  37. How to deal with employees having affairs?
  38. How to deal with employees complaining about managers?
  39. What is the difference between a Job Application, a Resume and a CV?
  40. What should I use? “A Curriculum Vitae or a Resume”
  41. Should you include irrelevant work experience on a resume?
  42. 10 steps to write an Effective Resume
  43. 4 Steps in the process of Posting a Job
  44. 10 Best Online Resume Builders
  45. Top 10 Traditional HR Interview Questions and Answers
  46. 5 Ways to a Successful Job Search
  47. 10 Best tips to prepare for a Job Interview in 2023
  48. 6 Careers in Human Resource Management
  49. 10 Ways to prevent Workplace Violence
  50. 10 Ways of Combating Sexual Harassment in the Workplace
  51. Top 10 Job Hunting Strategies
  52. Top 11 Job Search Websites of 2023
  53. 10 Essential Skills for a successful Career in Human Resources
  54. 5 Best Human Resource Management System (HRMS) for small and medium-sized Organizations
  55. 10 Best HR Certifications and Courses
  56. 6 Tips to develop Convincing Skills
  57. 5 Best Human Resource Management System (HRMS) for small and medium-sized Organizations
  58. 10 Best HR Certifications and Courses
  59. Top MBA Colleges after Engineering

Benefits of Studying Human Resource Management

  • Studying HRM helps in acquiring a universal skillset.
  • Studying HRM leads to job diversity.
  • Studying HRM gives a sense of Job Satisfaction.
  • Studying HRM helps to cope with the current developments in HR.
  • Studying HRM opens doors for many opportunities.
  • Studying HRM helps in mastering the art of conflict resolution.
  • Studying HRM helps in learning to improve employee turnover.
  • Studying HRM helps in budgeting and controlling.

What will you do as an HR Professional?

  • Recruit Candidates: Recruitment can be considered the principal function of the Human resource department. It is a process that includes sourcing, screening, and shortlisting. It refers to the process of identifying the staffing need and then filling it. The whole process includes identifying, attracting, interviewing, selecting, and onboarding the right candidates for the organization.
  • Hire the Right Employees: This includes the final discussion with the candidate about salary, joining date, etc. Once the joining date is confirmed, the offer letter is released. In some cases, this step also includes background checks. 
  • Process Payroll: This includes handling compensation, taxes, expenses, bonuses, etc. An HR is responsible for handling expenses that need to be reimbursed, raises, bonuses, and taxes.
  • Conduct Disciplinary Actions: HR professionals are responsible for conducting disciplinary actions in an organization. They are responsible for ensuring that employees follow the code of conduct in the workplace.
  • Update Policies: Updating policies from time to time is the role of HR professionals. They need to update various policies related to leave, salary deductions, timings, etc., according to law and organizations’s rules.
  • Maintain Employee Records: Maintaining employee records is an important task which is performed by HR professionals. It includes the process of storing, filing, and organizing employee data collected during the employee lifecycle.

Human Resources Management Careers

1. Human Resources Assistant:  

  • Human resources assistant is an entry-level job in human resources administration. 
  • He/she is responsible for processing personnel and position actions in the human resources management system. 
  • Personnel actions include documenting personnel changes, such as hires, promotions, salary adjustments and terminations, whereas position actions include documenting changes to positions, such as reclassification to a new job title, changes to the pay grade for the position or eliminating a position.

2. Benefits Administrator: 

  • Another entry-level human resources management position is Benefits Administrator.
  • This role is almost like a human resources assistant, which requires entering employee data into the human resources management system.

3. Payroll Specialist:  

  • Payroll specialists perform functions related to payroll. 
  • Payroll Specialists are responsible for all aspects of payroll, including managing employee deductions as well as processing payroll by the organization’s payroll schedule and salary administration policies. 

4. Training Coordinator:

  • Developing and delivering employee training programs is done by training coordinators. Such programs are developed by following the directions of the training manager. 
  • Training can be both online and instructor-based employee. It includes specific company policies, supervisor development, technology training, and professional and personal development.

5. Compensation Specialist: 

  • A Compensation Specialist manages an organization’s salary administration policies, including recommending and establishing pay and compensation plans for all job classifications.
  • Job Description is also reviewed by them in order to ensure classification and compensation for the job are appropriate for the work employees are expected to perform.

6. Training Manager:

  • A training manager is a person in an organization, who is responsible for establishing the training and education curriculum for employees. 
  • He/she is responsible for maintaining and training coordinators as well as volunteer instructors from within the organization. 
  • They are also responsible for managing resources for instructor-led training, such as securing facilities, and training materials and scheduling instructors, etc.

7. HRIS Specialist:

  • An HRIS specialist is a person who is responsible for implementing, maintaining and supporting technology resources used for HRM. 
  • Software, like applicant tracking systems, performance management systems, payroll processing systems and content management systems assist HRIS Specialists.

8. Employee Relations Manager:

  • An Employee Relations Manager is a person who is responsible for managing conflict between employees within the organization. 
  • Addressing employee grievances, mediating conflicts between employees, conducting exit interviews and assisting managers with building employee relationships are some of the common roles.

9. Benefits Manager:

  • A benefits manager is a person who is responsible for designing and administering an organization’s benefits package.
  • Benefit packages include health insurance programs, retirement options, life insurance, tuition assistance, employee assistance programs and wellness programs to encourage a healthy workforce. 

10. Human Resources Manager:

  •  A Human Resources Manager is a person in an organization who is responsible for coordinating, planning and overseeing functions of human resources management. 
  • He has extensive experience in the industry and is educated in best practices and applicable regulations for hiring, developing and retaining the human capital in an organization.

Frequently Asked Questions (FAQs) About Human Resource Management (HRM)

1. What are the HR challenges in India?

HR professionals face challenges related to legal compliances, organizational restructuring, competition, resistance to change, work ethics, remuneration, etc.

2. What is the average salary of HR professionals in India?

The average salary for HR is ₹6,05,000 per year in India. New and inexperienced HR managers get up to INR 2.92 lakh per annum, while experienced professionals in this field can make up to INR 20 lakh per annum. 

3. Which degree is best for HR?

To become a successful HR Professional, one should have a Master’s Degree in Human Resource Management. One can pursue or BBA with a specialization in Human Resources followed by a Master’s Degree in HR.

4. Can a science student become HR?

Yes, a science student can become an HR professional. He can go for a Bachelor of Science (B.Sc) or Business Administration with Human Resource as Specialization after class 12. A person who has already graduated in science can go for a Master’s Degree in Human Resource Management.

5. Which is the best company for an HR job?

Tata Consultancy Services, Capgemini, Deloitte, IBM, and Cognizant Technology Solutions are some of the best companies for HR Professionals.

6. What is a Human Resource Management System?

Human Resource Management System (HRMS) is a platform that assists organizations in digitizing their core HR operations and combines, manages, and automates many of an organization’s normal processes. HRMS software is a must-have for organizations of all sizes since it guides and supports HR managers in a variety of operations, such as recruiting, managing employee information, ensuring a seamless onboarding process, and implementing a systematic payroll processing system.

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