Meaning of Human Resource Management Human resource management refers to the management of employees working within the organization. It is part of management which aims at maintaining an efficient and competent workforce. Human resource management involves a wide range of activities such as hiring, training, motivating, fixing compensation, promoting and firing employees. This is a […]
Meaning of Recruitment Process Recruitment is a process concerned with searching, finding and hiring the most competent candidates for various job positions within the organization. It is a process which is meant for filling up the vacant job positions within the company. Strong recruitment process of an organization enables in acquiring right peoples for right […]
Human Resource Development (HRD) is the framework for helping employees develop their personal and organizational skills, knowledge, and abilities. Human Resource Development can be formal such as in classroom training, a college course, or an organizational planned change effort. Functions of Human Resource Development 1. Brings right talent: The primary function played by HRD is […]
Meaning of Job Evaluation Job Evaluation is a systematic process of determining the worth of one job in relation to another job in the organization. During job evaluation, the relative worth of various jobs are assessed so that wages can be paid depending upon the worth of the job. Objectives of Job Evaluation 1. Eliminates […]
The strategic management process means defining the organization’s strategy. It is also defined as the process by which managers make a choice of a set of strategies for the organization that will enable it to achieve better performance. Strategic management is a continuous process that appraises the business and industries in which the organization is […]
Meaning of Human Resource Management (HRM) Human resource management refers to management of employees working within the organization. It is part of management which aims at maintaining efficient and competent workforce. Human resource management involves wide range of activities such as hiring, training, motivating, fixing compensation, promoting and firing employees. This is a continuous function […]
Human Resource Accounting (HRA) is the process of identifying, and reporting investments made in the human resources of an organization that are presently unaccounted for in the conventional accounting practice. It is an extension of standard accounting principles. Measuring the value of the human resources can assist organizations in accurately documenting their assets. In other […]
Meaning of Human Resource Development Human Resource Development is the process of enhancing and developing the skills of human resources. It is a people-oriented process and involves providing education and training to employees at work. This overall process aims at the development of people’s personal and organizational knowledge, skills and competencies. Nature of Human Resource […]
Meaning of Human Resource Management Human resource management refers to management of employees working within the organization. It is part of management which aims at maintaining efficient and competent workforce. Human resource management involves wide range of activities such as hiring, training, motivating, fixing compensation, promoting and firing employees. Advantages of Human Resource Management Human […]
Human resource management has a vast array of functions. After all, it is all about dealing with the most complicated creatures on the planet – humans. What Is Human Resource Management? The simple definition: human resource management is how an organisation gets the most out of its human capital. In other words, human resource management […]
Human Resource Management is a modern approach to managing people at the workplace to achieve better performance. HR management plays a vital role in maintaining teamwork in an organization and helps bridge the gap between employee performance and the strategic goals of the organization. Objectives and Importance of Human Resource Management What is Human Resource […]
Human resources refer to the set of people working in organizations and department responsible for managing these people through certain methods and strategies that work to raise the performance of employees, solve work problems, and achieve the organization’s desired goals. Human Resources: Functions and Goals of HR and Scope of HRM Human Resources (HR) Human […]
Human Resource Development (HRD) involves improving the effectiveness of organizations, it provides employees with new skills, knowledge and attitude, improves their performance and growth in an organization and makes them more competent. Why is HRD Important to an Organization? – Difference between HRD and HRM What is Human Resource Development? Human Resource Development (HRD) is […]
