Question: What is Human Resource Management (HRM)? What are the objectives of Human Resource Management?
AnswerMeaning of Human Resource Management
Human Resource Management (HRM) is a management function concerned with hiring, motivating, and maintaining workforce in an organisation. Human resource management deals with issues related to employees such as hiring, training, development, compensation, motivation, communication, and administration. Human resource management ensures satisfaction of employees and maximum contribution of employees to the achievement of organisational objectives.
According to Armstrong (1997), Human Resource Management can be defined as “a strategic approach to acquiring, developing, managing, motivating and gaining the commitment of the organisation’s key resource – the people who work in and for it.”
According to Armstrong (1997), Human Resource Management can be defined as “a strategic approach to acquiring, developing, managing, motivating and gaining the commitment of the organisation’s key resource – the people who work in and for it.”
Objectives of Human Resource Management
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The primary objective of Human resource management is to ensure the availability of competent and willing workforce for an organisation. Human Resource Management objectives may be influenced by organisational, individual, and social objectives. We have cetegorised the objectives of HRM under four heads as follows:-
Human Resource management is socially responsible for the needs, demands, and challenges of the society. All the resources must be utilised for the benefit and in the interest of the society. HRM should follow the rules and laws or legal restrictions imposed by the society. It has to develop and maintain healthy relations between union and management.
It consist of recognise the role and importance of HRM to bring organisational effectiveness. HRM has to prepare human resource planning, to recruit, select, place, induct, train and develop the human resources, to arrange for performance appraisal and to achieve the organisational objectives like to earn profit, growth and expansion, survival, diversification etc.
It consists of to maintain the department’s contribution at a level appropriate to the organisation needs. Departmental functions are carried out by the human resources to see the functions are performed in time or not.
Personal Objectives
It consist of to assist employees in achieving their personal goals, such as, higher wages and salaries, job satisfaction, better working conditions, standard working hours, promotion, motivation, welfare facilities, social security and so on. These objectives of employees must be met if workers are to be maintained, retained and motivated. Otherwise employees may leave the organisation and join some other organisation.
Other Objectives of Human Resource Management
- To achieve the organisational goals by proper utilisation of human resources,
- To develop and maintain healthy working relationships among all the employees and to adopt sound, desirable organisation structure,
- To integrate individual and group goals within an organisation,
- To create opportunities and facilities for individual or group developments according to the growth and development of the organisation,
- To identify and satisfy individual and group needs, such as fair wages and salaries, incentives, welfare facilities, social security, prestige, recognition, security, status etc,
- To motivate the employees and keep their morale high,
- To develop and maintain healthy relations between management and employees,
- To develop the human assets continuously through the training and development programmes,
- To contribute in minimisation of socio-economic evils such as unemployment problems, in equal distribution of income and wealth. More employment opportunities for women etc,
- To provide an opportunity to employees to participate in management,
- To provide desirable leadership and lead the working groups,
- To provide healthy hygienic working conditions to the employees, and
- To retain the workforce by maintaining stability of employment.
