Introduction:
Human resource is one of the important factors to be utilised for achieving organisational goals. Human Resource management (HRM) is a premeditated methodology to manage the human resource of the organization with the help of functions like recruitment, training and development, utilizing and retaining this asset etc. (Simons, 2011). The nature of workforce in every organization demographically and psychologically vary. Therefore, every organization has its own tailor made HRM policy and the procedures.
HRM approach, theory and practices commonly used in the UK after 1980s. Previously the term personnel management prevailed for workforce management (Wilkinson & Johnstone, 2016). This necessitates to understand the interrelation
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Therefore, HRM and personnel management are interrelated terms. However, there is a fundamental difference between HRM and personnel management. According to HRM perspective human resource is an imperative asset and interests and responsibilities are shared mutually by employees and employer which include rewards, respect, goals and accountabilities; whereas according to personnel management approach, human resource is a tool to be developed and utilized to the fullest for the benefit of the organization only (Aswathappa, 2013). Therefore, though personnel management and Human resource management both the concepts deal in managing the human resource, there is a wide difference in the scope and approach. HRM is about managing and developing human resource to achieve organizational goals as well as development of employees. Personnel management is about developing skills and knowledge of employees for the benefit of the …show more content…
Therefore, there is a legal and regulatory framework enforced by the UK government to protect the rights of employees as individuals to avoid the discrimination. There are various regulations like Sex Discrimination Act 1995/97; Race Relations Act 1992; Race Relations Amendment Act 2000; Equal Pay Act 1970, Disability Discrimination Act 1995, The employment equality regulations2003/06 were in existence. In the year 2010, the equality act 2010 came into existence, consolidating most of the previous acts. This act is in force to refrain any discrimination on the basis of marital status, race, ethnicity, sex, sexual orientation, religion or age in the workplace or otherwise (Nickson, 2013). In addition to this, the employees are protected against direct discrimination, indirect discrimination, harassment and victimization at workplace in case of dismissal, employment terms and conditions, pay and benefits, promotion and transfer opportunities, training, recruitment, redundancy (Crown copyright, 2017). Therefore, these regulations help HR department and line managers to keep the harmony and equality at workplace whilst implementing the HR policies. However, if the discrimination still is in existence the employee who faced discrimination can complain directly to the organisation. If the strong action is not taken by organization use
Human Resource Management (HRM) are activities managers perform to plan for attracting, develop, and retain a productive workforce (Kinicki & Williams, 2016). The role of human resource management is to prepare, develop, and administer policies and program designed to make expeditious use of an organization human resources. Part of control which is concerned with the people at work and with their relationship within an enterprise. HRM have their hands full; they have to face employees daily with a complaint, write-ups and sadly terminating of the worker. All areas of HRM such as, staffing, orientation, training, development, pay wages benefits are all significant parts that are dealt with daily. Human resource management presents itself as
In analyzing the concepts discussed in Human Resource Management, I have found an interesting mix of education and forethought into the role of a human resource manager. Many of the aspect of human resource management such as HR planning, recruitment and selection, as well as, human resources development and labor relations all play a significant role in the success of any organization. There are many benefits to the learning that has taken place in this course that has helped me better understand HRM and its roll that will shape not only my position in business now but for future
Human resources management (HRM) is concerned with the ‘people’ management. HRM is a term increasingly used to refer to the philosophy, policies procedures and practices relating to the management of people within organization. Since every organization is made up of people, acquiring their services developing their skills, motivating them to higher levels of performance, and ensuring that they continue to maintain their commitments to the organization are essentials in achieving organizational objectives. Organization is able to acquire, develop, stimulate and keep out standing workers we both effective and efficient. Organization that are inefficient risk the hazard of standing or going out of business.
Human Resource Management (HRM) is the terminology used to illustrate formal systems devised for the management of people within an organization. It is the method of managing an organization or company that is directly related to the employees of that particular organization. The success of a business often rely heavily on the performance of managing human resource. Maximizing the desires and benefits of an organization and helping a business grow by rewarding employees to help motivate and push them in their performance is one of the main aim of HRM. By doing this, it will have a positive impact on both the company and it’s entire organization.
Human Resource Management is a key component in the maintenance and utilization of an effective workforce. HRM includes myriad activities ranging from recruitment to training and even the development of compensation systems. HRM has evolved significantly since the early 1900s. The need to deal with labor unions and the human relations movement has increased the need for competent human resource professionals (Dessler, 2002).
It makes it realistic by motivating the workforce, developing commitment in them and improving communication.(Armstrong M,2003) Traditional Personnel management deals with short term planning and controlled externally. With employee relations’ perspective, it has low trust and less communication. It has lot to do with labour management.(limited to the people and not deals with strategy) On the other hand, HRM emphasizes that employees are critical to achieving sustainable competitive advantage and is central to organisational strategic performance.(Bratton and Gold,1999).HRM plays great role with organisation’s corporate strategy. But to do this, all HR strategies must be integrated and must be in line with overall business strategies.(Lecture Notes,2004 Topic 1)
According to Decenzo and Robbins (1994), “Human Resource Management is a process of procuring, developing and maintaining the performance level of the employees to achieve the organizational goals in an efficient and effective manner”. The HRM practices of recruiting and selecting employees, training them for their job, evaluating their
Human Resource Management and personnel managers have different perspectives of conducting. The HRM is source based in other words its’ main concern is to fulfill the managements’ needs,
In the past decade, globalization and rapid technology advancement have change the way organisation do business from international conference calls to the hiring of employees. This has also transform how Human Resources Management (HRM) operates.
Prior to the elaboration of the Thesis topic, it is necessary to explain the Human Resources Management is. There is no common definition by scholars, therefore we are not providing one single definition, but we will rely on the book of Torrington et al. on his explanation of the term Human Resources Management. According to them, this divergence is due to the fact that HR is commonly used in two ways. On the one hand HR is used to describe the body of management activities covered in books such as this. In this way HRM is really no more than a more modern and supposedly imposing name for what was long labelled ‘personnel management. (Torrington et al. 2011). On the other hand the term denotes a particular approach to the management of people which is clearly distinct from ‘personnel management’. Used in this way HRM signifies more than an updating of the label; it also suggests a distinctive
HRM is typically seen as comprising a range of practices, spanning the acquisition of employees, employee development, and employee retention (Stone & Meltz, 1993). Quresh, et al (2010) quoted that human resource management is linked with all the managerial functions involved in planning for recruiting, selecting, developing, utilising, rewarding, and maximising the potential of the human resources in an organisation. Job satisfaction, morale, optimism, and turnover are key drivers of organisational performance (Becker & Gerhart, 1996).
HRM is an organization that undergoes the process of managing people in a structure and manner. It is also a process of making the efficient and effective use of human resource so that the goals are achieve. Superior human resources are an important source of competitive advantage. And any factors that allow an organization to characterize its product or service from competitors to increase the market share are called competitive advantage. Competitive advantages can best be achieved by seeking improvement in the managing people, through better utilization of HRM. And also by translating strategy into HR policy and practice to produce the employee competencies and behavior that the company requires.
Human Resources Management (HRM) terms had widely replace personnel management (PM) as in the process of managing people in the organizations. What actually is human resources management? Well, it is said that human resources management is an organization’s most valuable asset. Organization thinks that human resources department plays a huge role in terms of staffing, training and assisting to manage people so that the employee and the organization are capable to maximize the resources in the organization. (McNamara, 1998). Besides, in the global business, human resources management had effectively replaced other management traditions like Industrial Relations (IR) and Personnel Management (PM) as a tool to reshape
In conclusion, Human resource management is the advanced version of Personnel management. Human resource management basically deals with developing Personnel management skills. It is Human resource management that develops a team of employees for an organisation.
The economic environment in nowadays dynamic, it is fairly important for organisations and managers to recognise the curtail of Human Resource Management. It is clear that Human Resource Management (HRM) has become one of the most recommend management strategy in the modern business (Leopold and Harris, 2009). Human Resource Management is a technique process of managing people in the workplace to enable and enhance organization performance (Leopold and Harris, 2009). This theory involved the responsible to attracting, selecting, training and managing people which make employees become more valuable to the organisations. It invests effect in learning and development at work. Also to communicate with all employees at each level to reward successful employee relations (Wilton, 2011). Human Resource Management plays a very important role in the operation strategy and management concerns in work organisations of all kinds (Leopold and Harris, 2009). In aim to justify this statement by evaluate the benefit and importance of Human Resource Management in contemporary work organisations. This essay will focus on analysis the advantages of use Human Resource Management in business also underline by explain more detail about the different HRM strategy brings benefits and give competitive advantages impact to the organisation success. Then summarise by a general conclusion on the importance of HRM in contemporary work organisations.