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Human Resource Management (HRM) is a strategic and pervasive function focused on effectively managing people within an organization to achieve both organizational and individual goals.

Nature of HRM

The nature of HRM is people-oriented and development-oriented. It is not merely an administrative function but a comprehensive, continuous, and future-focused process. It is pervasive, meaning it exists in every department and at every level of management. HRM treats people as a valuable asset and seeks to maximize their potential, encouraging high performance through motivation, skill development, and creating a positive, harmonious work environment.

Scope of HRM

The scope of HRM is vast and covers the entire employee lifecycle, typically segmented into three main areas:

  1. Personnel Aspect: This includes core functions like workforce planning, recruitment and selection, placement, performance appraisal, training and development, and compensation management (wages, salaries, and benefits).
  2. Employee Welfare Aspect: This focuses on working conditions and amenities, such as health, safety, medical assistance, housing, and social security.
  3. Industrial Relations Aspect: This involves maintaining healthy relationships between management and employees/unions, handling grievances, and ensuring legal compliance with labor laws.
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Shilpi Singhal

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4d ago

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