Functions of Human Resource management Flashcards
Main functions of Human resource management
Procurement function Development function Compensation function Integration function Maintenance function
Procurement function means
Securing and employing right kind of people required to accomplish the organizational Objective
Procurement function activities [ first three]
Job analysis - Studying in detail the operations and responsibilities involved in a Job so as to indentify the nature and level of Human resources required for it
Human resource planning - Process of estimating present and future manpower requirements of the organization , preparing inventory of present manpower and formulating action programmes to bridge the gaps in manpower
Recruitment - It is the process of searching for the required personnal and stimulating Him to apply for Job
Procurement function activities [ next 3]
Selection - Judging the suitability of different candidates for job in the organization and choosing the most appropriate one
Placement - Assigning suitable job to selected candidate so as to match employee qualification with Job requirement
Orientation - Familiarising the new employees with the company , and working environment and existing employees .
Development function means
Improving the skills , aptitude , values of employees so that they can perform the future and present jobs Effectively
Development function activities
Performance and potential appraisel - systamatic evaluation of employees with respect to their Performance on job and Potential
Training - Employees learn knowledge , skills and attitudes to further organisational goals and personnal goals
executive development - it is the process of developing managerial function through appropriate programmes
Career planning and development - planning the career of employees and fullfilling their career aspiration
compensation functions means
Providing equitable and fair remuneration to employees for their work
Compensation function activities
Job evaluation - determining relative worth of a Job
Wages and salaries administration - Implies developing and operating suitable wage and salary programmes .
Bonus : It involves Payment of bonus
Under payment of Bonus act , 1965
Integration function means
Process of reconciling the goals of the organisation with those of its member
Integration involves motivating employees through various finance and non financial incentives , providing satisfaction
Maintenance function :
It is concerned with protecting and promoting the physical and mental health of employees
- Housing , medical aids , educational facilities