BENEFITS OF DOCUMENT
DESCRIPTION
The Human Resources Glossary
Lecture Outline
1. What is Human Resource Management (HRM)
2. Human Resource Management
3. The Scope of Human Resource Management
4. The Processes in Human Resource Management
5. The Skills of HR Professionals
6. Role of HRM in Performance Management
7. The Hiring Strategies followed by Organizations
8. Human Resource Planning
9. The Various Retention Strategies
10. How HRM Manages Employee's Performance
11. The Management of Contractors
12. What is Strategic Human Resource Management
13. What is Global Human Resource Management
14. What is Human Resource Information System
15. List the Tips for Effective HRM
The role of HRM practices are to manage the people within a workplace to achieve the organization's mission and reinforce the culture. When done effectively, HR managers can help recruit new professionals who have skills necessary to further the company's goals as well as aid with the training and development of current employees to meet objectives.
A company is only as good as its employees, making HRM a crucial part of maintaining or improving the health of the business. Additionally, HR managers can monitor the state of the job market to help the organization stay competitive. This could include making sure compensation and benefits are fair, events are planned to keep employees from burning out and job roles are adapted based on the market.
How does HRM work?
Human resources management works through dedicated HR professionals, who are responsible for the day-to-day execution of HR-related functions. Typically, human resources will comprise an entire department within each organization.
HR departments across different organizations can vary in size, structure and nature of their individual positions. For smaller organizations, it is not uncommon to have a handful of HR generalists, who each perform a broad array of HR functions. Larger organizations may have more specialized roles, with individual employees dedicated to functions such as recruiting, immigration and visa handling, talent management, benefits, compensation and more. Though these HR positions are differentiated and specialized, job functions may still overlap with each other.
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Source: Best Practices in Human Resources PowerPoint Slides: The Human Resources Glossary PowerPoint (PPTX) Presentation, UJ Consulting
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