Introduction
Human resource management (HRM) is a process of managing employees (human resources) to obtain organizational goals and objectives effectively. It includes recruiting, hiring, providing training and supporting employees to improve their performance. It helps to maintain positive working environment that helps improve employees motivation and efficiency.
Characteristics Of HRM
The Main characteristics of human resource management (HRM) are as follows:
1. Art And Science
Human resource management possesses the feature of an art and a science. It is an art in the sense that it is an art of managing human resources in the organization. It is a science in the sense that it requires various theories, principles and applications to practice HRM.
2. On-going Process
Human resource management is continuous or on-going or never ending process till the termination of the firm or organization.
3. Dynamism
HRM is a dynamic function which is updated, revised and recycled according to the need of the organization. It helps to cope with the changes in the internal and external environmental factors.
4. Universal Function
HRM is a pervasive or universal function which is needed in all types of organizations and all levels of management.
5. Goal-Oriented
HRM always gives emphasis on the performance of the people. It inspires the employees to work effectively for better output. So, it helps to achieve both organizational goals and individual goals.
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6. Individual-Oriented
Human resource management is a people centered function. It is associated with the development of knowledge, skill and capacity of the people.
7. Futuristic
HRM is futuristic in nature. It always focuses on the attainment of future goals of the organization.
Key Features Of Human Resource Management (HRM) In Short
* HRM is people oriented approach
* It promotes positive working environment in the organization
* It helps to identify and retain talent employees in the organization
* It gives emphasize on maintaining better relationship between employer and employees
* It ensures optimum utilization of human resources in the work station
* It is never ending process that exists till the termination of the organization
* It provides learning opportunity
