Human resource management also commonly referred to as HRM is a function inside a company or an organization that deals with the recruitment of new staff, management of existing personnel, and offering direction for everyone working within a company or an organization. Human resource hr management is usually carried out by a designated human resource manager.
Hr resource management is an administrative function that deals with problems related to people working within an organization, for example, compensation, organization development, hiring, employee motivation, performance management, safety, benefits, training, wellness, communication as well as administration.
Hr resource is a creation of the human relations movement which started in the early 20th century. At the time, there was a great need for finding ways through which the workforce could add value to a company or organization. The function of hr resources was mainly centered on the payroll as well as administration benefits. However, as a result of technological development, globalization, future research, and business consolidation, human resource management has shifted its focus to include strategic initiatives, for example, talent management, labor relations, mergers and acquisitions, succession planning, diversity, and industrial alongside labor relations.
Whereas human resource hr management duties in startup businesses are usually carried out by a few people who are highly trained in human resource management, and at times by persons who have no training in human resource management, corporate organizations are known for hiring personnel who are trained in human resource management. In addition, each person within the human resource department is assigned a specific duty as it is next to impossible for one member of the staff to perform all the responsibilities of the human resource department outlined herein.
To educate prospective employees about the daunting task in the HR department, colleges, universities, professional associations plus organizations have started programs that are aimed at equipping human resource personnel with the duties and functions of the HR department.
Human resource management is also a tactical and all-inclusive tactic for managing personnel plus the culture in a workplace. Effective human resource management allows staff members to contribute efficiently and effectively to the general organizational direction. Moreover, human resource hr management functions in helping a company or an organization achieve its set targets.
Hr resource management is gradually shifting away from conventional employee, management, and transactional duties that are continually outsourced. The human resource department is expected to increase the value of a company by effectively making good use of employees. Furthermore, the HRM functions in ensuring that personnel programs are impacting the business in numerous ways.
The new function of the hr resource department entails strategic direction as well as human resource management metrics besides measurements designed to show value.