{"id":7996,"date":"2013-01-29T09:38:10","date_gmt":"2013-01-29T09:38:10","guid":{"rendered":"http:\/\/vskills.in\/certification\/tutorial\/?p=7996"},"modified":"2024-04-12T14:13:58","modified_gmt":"2024-04-12T08:43:58","slug":"functions-of-human-resource-management-hrm","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/functions-of-human-resource-management-hrm\/","title":{"rendered":"Functions of Human Resource Management | HR Tutorial"},"content":{"rendered":"\n

What are the functions of Human Resource Management?<\/strong><\/h4>\n\n\n\n

Human Resource Management (HRM) is a critical function within an organization that is responsible for managing the organization’s most valuable assets- its people. Here are some of the key functions of HRM:<\/p>\n\n\n\n

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  1. Recruitment and Selection: This function involves attracting, identifying, and selecting the most suitable candidates to fill vacant positions within the organization. This process may include job analysis, writing job descriptions, advertising vacancies, screening resumes, conducting interviews, and administering tests.<\/span> <\/li>\n\n\n\n
  2. Training and Development: HRM is responsible for providing training and development programs to help employees enhance their skills and knowledge. This function includes identifying training needs, designing and delivering training programs, evaluating their effectiveness, and ensuring that employees are competent to perform their jobs.<\/span> <\/li>\n\n\n\n
  3. Performance Management: This function involves setting performance standards and measuring employee performance against these standards. HRM is responsible for providing feedback, identifying areas of improvement, and ensuring that employees receive recognition and rewards for their contributions.<\/span> <\/li>\n\n\n\n
  4. Compensation and Benefits: HRM is responsible for developing and administering compensation and benefit programs that are competitive and equitable. This function includes designing pay structures, administering employee benefits such as health insurance, retirement plans, and paid time off.<\/span> <\/li>\n\n\n\n
  5. Employee Relations: HRM is responsible for managing the relationship between the organization and its employees. This function includes developing and implementing policies and procedures that promote employee satisfaction, managing employee grievances, and ensuring compliance with labor laws and regulations.<\/span> <\/li>\n\n\n\n
  6. Compliance with Legal and Ethical Standards: HRM is responsible for ensuring that the organization complies with legal and ethical standards in all its HRM practices. This function includes ensuring that the organization’s HR policies and practices are in compliance with labor laws, regulations, and ethical standards.<\/span> <\/li>\n<\/ol>\n\n\n\n

    Overall, HRM plays a vital role in managing an organization’s human resources effectively, which is crucial for the organization’s success.<\/p>\n\n\n

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    \"human<\/a><\/figure>\n<\/div>\n\n\n

    In order to achieve the objectives of human resource management, a variety of functions are performed. These functions can be categorized into two groups<\/p>\n\n\n\n

    Managerial Function<\/strong><\/h3>\n\n\n\n

    Managerial functions primarily involve basic management functions such as<\/p>\n\n\n\n