HUMANRESOURCEMANAGEMENT.(AnIntroduction)AnamikaKumariLathikaMiteshSahuNaveenKRakeshSanthoshSrinivasanTheFlow•Definition•ApproachesandtheirImplications•Functions•EmergingRoles•Challenges•StrategicHRManagement•InaNutshell9/19/2019Freetemplatefrom(employees)toachieveorganizationalandindividualgoals9/19/2019Freetemplatefrom•FredrickTaylor-fatherofscientificmanagement2•Studyofmotions3•Workersweresolelymotivatedthroughmoney4•Workerstomaxamiseproductioninordertosatisfytheironeworkrelatedneed-money9/19/2019Freetemplatefrom•Thehawthornestudies–1930-40’s2•Growingstrengthofunions3•Socialandpsychologicalfactorsalsoaffectedemployeeproductivity9/19/2019Freetemplatefrom•Didnotrecognizeindividualdifferences2•Didnotrecognizeneedforjobstructure3•Failedtorecognizeotherfactorsthatcouldinfluenceemployeesatisfactionandproductivity9/19/2019Freetemplatefrom•Organizationgoal&needsofemployeearecapableofexistinginharmony•Employeesareassetfororganization•Organizationshouldcreatecontributiveworkenvironmenttoreapmaximumbenefit9/19/2019Freetemplatefrom•Presentandfuturemanpowerrequirements•Nethumanresourcerequirements•Mould,changeanddevelopemployeestomeetfutureorganizationalrequirements•Attractandacquirehumanresourcesfromthemarket15Recruitment•Tappingexistingsourcesofapplicants•Identifyingnewsourcesofapplicants•Attractingthecandidatestoapplyforjobsintheorganization•Decidingtherecruitmentprocedure16SelectionScanningCV’sTestingInterviewingEvaluatingFormulationResultsSelection17HumanResourceDevelopmentPerformanceAppraisalTrainingManagementDevelopmentCareerPlanning&Development18CompensationJobEvaluationWages&SalaryAdminIncentivesFringebenefits19EmployeeRelations•Employeesinorganizationalcontext,asasocialgroup•Determiningthejobsatisfactionleveloftheemployee20EmergingRoleofHumanResourceManagementItisthecompetenceandattitudeofthehumanresourcethatcanmakeorbreakabusiness.9/19/2019Freetemplatefrom“allcorporatestrengtharedependentonpeople.”Humanresourcesofanorganizationisanuniqueassettotheorganizationandisessentialforabusinesstogaincompetitiveadvantageoveritscompetitors.9/19/2019Freetemplatefrom•Humanresourceaccountingismeasurementofthecostandvalueofthepeopleforanorganization.COST•HumanresourceaccountinghelpsmanagementtovalueitshumanresourceandusethemwithdiscretionandwisdomVALUE9/19/2019Freetemplatefrom•AnHRspecialistcanhelpprovidinginformationonmarketstatisticsofpersonnelavailability,payratesetc.•Interpre