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Thursday, September 25, 2014

Role of Human Resource Management HRM

Human Resource Management does not only mean hiring and firing an employee. The Role of Human Resource Management HRM starts before the recruitment and selection process. Basically the role of human resource management is the proper management of human resource to achieve the organization’s success.

21st century human resource management covers lots of areas and performs lots of activities. These areas and activities are recruitment and selection process, training and development, reward and appraisal system, labor relations, health and safety, compensation and benefits, etc. New concept of 21st Century Human Resource Management is the performance management system. Performance appraisal is a part of this system. The main concern of Human Resource Management is the People. All of the other activities are linked with the main concern. We can consider above areas as the Role of Human Resource Management.
Role of Human Resource Management
One new concept came in this field of HR; which is known as strategic human resource management. It means formulation and execution of human resource policies and practices. It improves the competency of an employee and helps the organization to achieve its strategic aim.

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