Human Resource Management (HRM) is a branch of management concerning itself with the management of the most important organization’s resources – people who individually and collectively contribute to the growth and development of the company. Previously referred to as “personnel”, HRM essentially deals with staffing, developing the potential of people, retain, and reward them according to individual performances and organizational requirements.
The HRM discipline is the theory that believes that employees are individuals with different needs and goals, and can not be thought of as just the production of resources. Aga takes a positive attitude towards employees, and seeks to align personal goals with those of the organization, thus leading to the development of two in synergy. Before the end, HRM is also intended to provide employees with appropriate training and education so that they understand the processes and systems typical organization.
HRM in modern organizations includes functions for workforce planning, recruitment talent induction or onboarding, training and development, compensation and performance appraisal. HRM can also extend to cover travel management, labor relations and employee benefits administration.
At higher levels, HRM strategy focuses on the best ways to implement HRM policies. Although HRM policy organization must consider several factors such as recruitment, training, interviews and benefits, an overall need to coordinate all aspects of HRM.
Some universities offer programs of study in HRM. The first organization for college-level study HRM, School of Industrial and Labor Relations was set up by Cornell University. Since then, the number of colleges in the United States initiated courses for the study of HRM. Some of these include the University of Minnesota, Michigan State University and Ohio State University.
HRM may include jobs that cover general HRM functions or specialized HRM functions. There may be jobs only for recruitment and placement services, or it can be stopped only for training development managers. Sometimes, compensation and benefits projects handled by compensation analysts or salary management.
Apart from the regular graduate colleges offering training in HRM, there are many other ways available for managers who want to update or take refresher courses in order to enhance their career options or just improve their knowledge of the subject . Post-Graduate Diploma programs are offered in several excellent colleges. This deal with new innovations in the field of HRM and present people with the latest developments in the field.
For busy executives, there are some part-time courses in HRM available as well. This can meet in the evenings or on weekends. A valuable option for those who are unable to take time off from regular work material of part-time courses should be studied with care before decisions to enroll are incorporated. Make sure that the curriculum suits your needs training before you sign up. Also check the reputability organization before you sign up. It is important that you come out of the course achieve your goals.