Human Resource Management



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Human resource management

HRM Components

    • Component should be consistent with the others, organization structure, and strategy.
      • Recruitment: develop a pool of qualified applicants.
        • Selection: determine relative qualifications & potential for a job.
      • Training & Development: ongoing process to develop worker’s abilities and skills.
      • Performance appraisal & feedback: provides information about how to train, motivate, and reward workers.
        • Managers can evaluate and then give feedback to enhance worker performance.

HRM Components

      • Pay and Benefits: high performing employees should be rewarded with raises, bonuses.
        • Increased pay provides additional incentive.
        • Benefits, such as health insurance, reward membership in firm.
      • Labor relations: managers need an effective relationship with labor unions that represent workers.
        • Unions help establish pay, and working conditions.

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