1.What Are The 7 Roles Of Human Resource Management?
What is human resource management?
Human resource management (HRM) is the practice of managing people and their work processes. HRM includes activities such as recruitment, selection, training, performance appraisal, compensation, rewards, and
2.termination. HRM is a core function of any business and is often overlooked. However, without proper human resource management, businesses cannot succeed.
Human Resource Management (HRM) is deﬁned as the strategic planning and coordination of people’s work activities throughout their careers with the aim of ensuring organizational success.
HRM encompasses all aspects of the role of the manager in relation to employee relations, compensation, training, performance management, job design, recruitment, selection, retention, termination, career planning, succession planning, compensation, beneﬁts, and related issues.
HRM should not be confused with personnel management. Personnel management focuses on the administrative and operational tasks associated with employing individuals. In contrast, HRM is concerned with the strategic planning and coordination necessary to ensure organizational success.
According to Bagozzi & Yi-Hui (2006), HRM includes six core components:
Recruitment and Selection
Hiring and Managing Talent
Compensation and Beneﬁts
3.Training and Development
Pay roll management system
HRM involves working closely with those who recruit, hire, manage, train, develop, evaluate and compensate employees.
HRM has three levels of application:
Strategic level – where the focus is on strategy alignment with business goals;
Operational level – where the focus lies on how the organization implements its strategies across individual teams;
Tactical level – where the focus falls on day-to-day activities within an organization.
7. It keeps track of employee's performance and evaluates their effectiveness. It promotes ethical conduct among employees and managers.
Source: Human resource management system Singapore