Description

Human resource management (HRM or HR) is the strategic approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer’s strategic objectives. Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. The overall purpose of human resources (HR) is to ensure that the organization is able to achieve success through people.To be successful in effectively handling such a workforce, employers, managers and supervisors need to be up to date with the current trends as well as possess a strong theoretical foundation of human resource practices.
The primary objective of the book is to familiarize the students with the basic functions of Human Resource Management. This is a fundamental course which gives the students an overall idea about the major tasks and responsibilities of an HR Manager. This provides each student with an understanding of the role played by the function called Human Resource Management in the functioning of an Organization.
The book has been divided into five modules:
First module helps to understand the core concepts of HRM in an organization.
Second module helps to acquire insights on the process of HR planning.
Third module familiarize the importance of T&D and Performance Management in an organization.
Fourth module analyze the practice of Talent management and Compensation Management.
Fifth module apply HRM in maintaining good Employee relations