Human Resource Management | HRM Functions and Examples

Human Resource Management refers to the organizational process that helps to manage any problem related to the human resources in a company.

Human Resource Management puts its focus on the people within the organization and policies, practices, and procedures concerning these resources.

Objectives of Human Resource Management

- Aligning organizational and individual goals
- Maintaining the expenses within the limit
- Better relationship between employees and management
- Optimization of human resources
- Boost employee satisfaction in their jobs
- Providing both monetary and non-monetary benefits to the employees
- Boost employee motivation
- Help in employee development and growth.

Human Resource Management: Case Study

1. American Express India

The company promotes employee growth and development with help of the following HRM programs.

- A gender diversity initiative called Reach Out where senior women will learn, share and network for career success
- A recognition program called Reward Blue, will reward great work and act as a motivation tool
- Smart Savings Program to improve employee’s financial stability
- Fun-filled activities for a positive work culture

Human Resource Management: Functions

1. Human Resource Planning
2. Job design
3. Organizational design
4. Appraisal of employee performance
5. Review of employee performance
6. Rewards to deserving employees
7. Compensation of employees
8. Maintaining a viable relationship between employer and employee
9. Making sure that employee participation is high

Examples of India’s Best Companies to Work for

1. Accenture India
2. Google

This video is on Human Resource Management and it has the following sub-topics.

Time Stamps
0:00 Introduction to Human Resource Management
00:55 Human Resource Management: Case Study
01:46 HRM: Functions
02:10 HRM: Examples of India’s Best Companies to Work for