HRM quotes the particular manpower requirement along with manpower supply of this company. It measures up the particular manpower requirement along with manpower provide. If there is manpower unwanted then that allows voluntary pension, lay-off, etc. with staff members. If there is manpower absence then that employees staff members by outside the house, allows marketing to staff members.
HRM involves management operates such as planning, organizing, directing and controlling.It involves procurement, development, maintenance of human resource. Edwin Flippo defies HRM as “planning, organizing, directing, controlling of procurement, development, compensation, integration , maintenance and separation of human resources to the end that individual, organizational and social objectives are achieved.”
Characteristics of HRM
- HRM involves management functions like planning, organizing, directing and controlling.
- It involves procurement, development, maintenance of human resource.
- It helps to achieve individual, organizational and social objectives.
- HRM is a mighty disciplinary subject. It includes the study of management psychology communication, economics and sociology.
It involves team spirit and team work.
