BUS-1201 Lecture Notes - Lecture 9: Human Resource Management, Performance Appraisal, Job Analysis
Document Summary
Human resource management (hrm) is all of the activities involved in acquiring, maintaining, and developing an organization"s human resources. (1) acquisition which is the recruiting and hiring of new personnel. (2) maintenance is encouraging employees to remain with the business and work effectively. (3) development is the improving of employee skills and expanding their capabilities. The scope of hrm is best appreciated when viewed from the perspective of an organization that is growing or changing rapidly. Most managers spend significant time acquiring, maintaining, and developing employees. Hired hr managers and share with business managers. Highly specialized with separate groups dealing with compensation, benefits, training and development. Hrm consists of all the activities involved in acquiring, maintaining, and developing an organization"s human resources. The people in an organization are a unique and valuable resource, which makes the efforts dedicated to hrm worth an investment. First step in the acquisition phase of hrm is planning.