Human Resources Management

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Human Resource Management

BY FARHAT PARWEEN
Human Resource Management (HRM)

 Human resource management (HRM) is the practice of recruiting, hiring, deploying and
managing an organization's employees. HRM is often referred to simply as human
resources (HR). A company or organization's HR department is usually responsible for
creating, putting into effect and overseeing policies governing workers and the
relationship of the organization with its employees.HRM is employee management with
an emphasis on those employees as assets of the business. In this context, employees are
sometimes referred to as human capital.
Evolution of HRM in India

 In Western countries Human Resource Management (HRM) had its primitive beginning in
1930s. Not much thought was given on this subject in particular and no written records or
document existed on this subject even as a philosophy in the Western ancient literature.
 The philosophy of managing human being, as a concept was found developed in ancient
literatures in general in Indian philosophy in particular. In the ancient times, the labourers
were looked down upon. It was considered menial to work for a livelihood. But gradually
the factory system came into existence and later industrialisation followed by
urbanisation.
Evolution of HRM in India

 This led to a greater emphasis on’ labour management’. Earlier it was known as
‘Personnel Management’, then ‘Human Resource Management’ and in recent times as ‘
Human Resource Development’.In ‘Personnel Management’, the employees were treated
as mere labourers who required constant supervision.
 The workers were treated not merely as “cogs in the machine” but as human beings, as
individuals and as a social being. In HRM, the main aim was to encourage and motivate
the employees to identify their capabilities and use them efficiently.But the buzz word
today is ‘Human Resource Development’. Unlike HRM, here the main objective is not
just identifying an individual employee’s existing potentials but also those capabilities
innate in him. HRD aims at bringing out the hidden potentials of an employee and help
him develop as an individual.
Role of HRM

 The role of HR is very dynamic in the present Indian scenario. The role has evolved from
earlier supporting role of managing payrolls and manpower to a strategic partner in the
growth of the business. It’s now an integral part of the corporate and now innovative HR
practices have also been USP of many companies. Presently HR does the following role
in the Indian context –
 1. Investing in Talent (i.e., employee experience, Happiness at work & Employee
wellness)
 2. Bracing for Diversity
 3. Greater Emphasis on Employee Development.
Role of HRM

 4. Use of Technology in HR.


 5. Motivating the Workforce
 6. Managing People
 7. Competency Development
 8. Trust Factor
 9. Work life Balance
 10. Bridging the demand-supply gap
Conclusion

 HRM has started focusing more on development aspects of human resources.


 HRM emphasis on a harmonious balance between employee demands & industry
organizational requirements.
 Development of HRM in India has now occupied a centre stage and its growing at an apt
pace with the industry.

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