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5 Functions of Human Resource Management HRM

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FREE HRM Course: We would like to offer you 100% off our online HRM course. Use the discount code: potentialchannel when you get to the checkout. Human Resource Management is the process of hiring and developing employees so that they become more valuable to the organization. Human Resource departments face different challenges, ranging from a constantly changing workforce to ever-present government regulations, technology changes, and economic conditions.. Here are 5 function areas that should be a part of effective human resource management: 1. Hiring: to ensure that the organization has the right number of employees, with the right skills, in the right jobs at the right time, to achieve organizational objectives. The staffing process involves job analysis, human resource planning, recruitment, and selection. 2. Talent Development: consisting of training and development; career planning; organization development; performance management and appraisal. 3. Compensation: which include rewards that individuals receive as a result of their employment. It consists of direct and indirect financial compensation, as well as nonfinancial compensation. 4. Safety: Protecting employees from injuries caused by work-related accidents as employees who work in safe environments and enjoy good health are more likely to be productive. 5. Labor relations: in countries where businesses are required by law to recognize a labor union and bargain with it in good faith if the firm’s employees want the union to represent them. The role of HR managers has evolved over the years into a very strategic one, since talent is the most important asset of any business. Good HR practices need to be continually reviewed and adjusted to the meet the changing demands of today’s fast paced business environment. Remember, to win in the marketplace you must first win in the workplace! For more practical learning and real-world education check out https://www.potential.com/
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Text Comments (29)
Oliver Bright (6 days ago)
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Brian Bell (4 months ago)
why was not safety first?
mohamed elsayed (5 months ago)
Human resources management must live with their employees and feel their lives. This is the beginning of success.
chandu j (6 months ago)
ZEBRUH FPV (8 months ago)
She’s hot
dr.ibrahim abdi (7 months ago)
yeah i like her.
saudamini samal (9 months ago)
Nice one ... Thanks
Abibatu Bangura (10 months ago)
GRASELA ASTRIDE ZION (11 months ago)
Wowowowowow I have found what I have been looking for .thanks
HRM is the process of hiring talented person to perfume certain job in an organization that will lead to finished out work.
Muhammad Saad (1 year ago)
very well define the HRM, Thanks
Potential (1 year ago)
Thanks for your comment. We have many other HR videos in the free library and encourage you to check them out.
abdulQadir Mohomed (1 year ago)
thanks monika
Aryan Srivastava (1 year ago)
Gud one
Nguyễn Hậu (1 year ago)
Your video's so informative for learners. Thank you so much!
Annabeth Tinio (1 year ago)
Uncle Ruckus (2 years ago)
beware guys!!!: this is a man-hating feminine dominated line of work. If your a guy who wants to get into the HR industry be prepared to get discriminated against unless your gay.
Henry Echeverria (1 year ago)
Rasheem Wyatt Reid (2 years ago)
Uncle Ruckus really? I just switched my major from accounting to human resource management and I'm so excited to graduate so I can start working in the industry.. Now I'm very discouraged!
Uncle Ruckus (2 years ago)
+khirstie butalid yea really!
khirstie butalid (2 years ago)
lol really?
Felix Massinda (2 years ago)
Thank you.
Rohey Njie (2 years ago)
hello thank you can I get your email address please
ROHIT KANTILAL (2 years ago)
excellent and enrichment for Learning
Ashraf Pothirakath (1 year ago)
Sam al (2 years ago)
ROHIT KANTILAL Hi Thank you for your great information of HRM
myHRcareers community (2 years ago)
Such an informative video for anyone starting in HR - thank you!
Nafis Hasan Khan (2 years ago)
@1:41 ..... wth was that? clue- eye

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