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Human Recourse Management B Com Hons Class I III Sem HRM.pptx
2. Why do we call it as Human Resource
Management?
Human: refers to the skilled workforce in an
organization.
Resource: refers to limited availability or
scarce.
Management: refers how to optimize and
make best use of such limited or scarce
resource so as to meet the organization goals
and objectives.
3. INTRODUCTION CONCEPTS: Human resource
management means management of people at work. HRM is
the process which binds people with organizations and help
both people and organization to achieve each other’s goal.
Various polices, processes and practices are designed to help
both employees and organizations to achieve their goals.
Human resource management is a branch of management that
deals with people at work, it is concerned with the human
dimensions of management of the organization. As
organization consists of people, therefore acquiring those,
developing their skills, providing them motivation in order to
attain higher goal and ensuring that the level of commitment is
maintained are the important activities. Human resources
helps in transforming the lifeless factor of production into
useful products. They can help an organization achieve results
quickly, efficiently and effectively.
4. DEFINITIONS OF HRM Human resources management
(HRM) is a management function concerned with hiring,
motivating and maintaining people in an organization. It
focuses on people in organizations. Human resource
Management is designing management systems to
ensure that human talent is used effectively and
efficiently to accomplish organizational goals. What is
Human Resource Management? HRM is the study of
activities regarding people working in an organization. It
is a managerial function that tries to match an
organization’s needs to the skills and abilities of its
employees.
5. Nature of HRM HRM is a management function that helps
managers to recruit, select, train and develop members for
an organization. HRM is concerned with people’s dimension
in organizations.
OBJECTIVES OF HRM The primary objective of HRM is to
ensure the availability of competent and willing. Work force
to an organization The specific objectives include the
following,
➢ Human capital: Assisting the organization in obtaining the
right number and types of employees to fulfill its strategic
and operational goals.
➢ Developing organizational climate: Helping to create a
climate in which employees are encouraged to develop and
utilize their skills to the fullest and to employ the skills and
abilities of the workforce efficiently.
6. ➢ Helping to maintain performance standards and increase productivity
through effective job design: Providing adequate orientation, training and
development; providing performance related feedback; and ensuring
effective two-way communication.
➢ Helping to establish and maintain a harmonious employer/employee
relationship.
➢ Helping to create and maintain a safe and healthy work environment.
➢ Developing programs to meet the economic, psychological, and social
needs of the employees and helping the organization to retain the
productive employees.
➢ Ensuring that the organization is in compliance with
provincial/territorial and federal laws affecting the workplace (such as
human rights, employment equity, occupational health and safety,
employment standards, and labour relations legislation). To help the
organization to reach its goals.
➢ To provide organization with well-trained and well-motivated
employees.
➢ To increase the employee’s satisfaction and self-actualization.
➢ To develop and maintain the quality of work life.
➢ To communicate HR policies to all employees.
➢ To help maintain ethical polices and behavior.
7. Objectives of HRM Societal Objectives Seek to
ensure that the organization becomes socially
responsible to the needs and challenges of the society
while minimizing the negative impact of such
demands upon the organization. The failure of the
organizations to use their resources for the society’s
benefit in ethical ways may lead to restriction.
Organizational Objectives It recognizes the role of
HRM in bringing about organizational effectiveness. It
makes sure that HRM is not a stand alone
department, but rather a means to assist the
organization with its primary objectives. The HR
department exists to serve the rest of the
organization.
8. Functional Objectives Human resources are to be
adjusted to suit the organization’s demands. The
department’s value should not become too
expensive at the cost of the organization it serves.
Personnel Objectives It is to assist employees in
achieving their personal goals, at least as far as
these goals enhance the individual’s contribution
to the organization. Personal objectives of
employees must be met if they are to be
maintained, retained and motivated. Otherwise
employee performance and satisfaction may
decline giving rise to employee turnover.
9. The following are the basic features and
characteristics of human resource
management
1. People Oriented
2. Comprehensive function
3. Pervasive Responsibility
4. Human objective
5. Staff Function
6. Innovator Rule
7. Line Responsibility
8. Implied Authority
10. 9. A Coordinated function
10. An integral part of management
11. Action-oriented
12. Individual and Group oriented
13.Development oriented
14. Challenging function
15. Continuous process
16. Science as well as art
17. Philosophy of Management
18 Young Discipline
11. 19. Interdisciplinary nature
20. Nervous system
21. Professional innovations
22. A new managerial discipline
23. Strategic function
24. International view
25. Mutuality between employers and
employee
26 Based on management principles
27. Wide Application
28.Unitary Philosophy
29.HRM as a management driven activity
30. Focus on business values.