2. Definition of HRM
Human asset administration is to make the
most gainful utilization of human asset to the
best regale of the association and people.
3. Definition By Pettigrew & Whipp (1991)
“Human resource management relates to the total set of
knowledge, skills and attitudes that firms need to compete. It
involves concern for and action in the management of people,
including: selection, training and development, employee
relations and compensation. Such actions may be bound
together by the action of an HRM philosophy”
4. FUNCTIONS OF HUMAN RESOURECE
MANAGMENT
1. Managerial functions
2. Operative functions
3. Advisory functions
6. 2. Operative functions
The agent capacities are those undertakings or obligations which are
particularly endowed to the HR
1.Employment
Employment of proper kind and number of persons
necessary to achieve the objectives of the organization.
2. Development
Preparing and advancement of faculty is a subsequent
meet-up the occupation capacity
3. Compensation
This function is concerned with the determination of
adequate and equitable remuneration of the employees in the
organization of their contribution to the organizational goals
7. 4. Maintenance (Working Conditions and Welfare)
Provide good working conditions so that employees may like
their work and workplace and maintain their efficiency.
5. Motivation
Design a system of financial and non-financial rewards to
motivate the employees.
6. Industrial Relations
The human asset supervisor can do an incredible
arrangement in keeping up modern peace in the association as
he is profoundly connected with different councils on order, work
welfare, security, grievance, and so on.
7. Separation
The personnel manager has to ensure the release of
retirement benefits to the retiring personnel in time.
8. 3. Advisory functions
Human asset chief is a specialist in his general vicinity thus can give
prompt on matters identifying with HR of the association.
a) Advised to Top Management
Personnel manager advises the top management in formulation
and evaluation of personnel programs, policies and procedures.
b) Advised to Departmental Heads
Staff administrator offers counsel to the heads of different
divisions on matters, for example, labor arranging, employment
investigation and outline, enrollment and determination, situation,
preparing, execution examination, and so forth.