Human Resource Management Scope of Human Resource Management Human Resource Management functions Human Resource Management Model HRM Vs Personnel Management Human Resource Development Human Capital Management Talent Management Knowledge Management About HR Manager HRM environment in India Changing role of HRM e-HRM
(14 May 1771 – 17 November 1858)
Personnel Management to
Human Resource Management
Robert Owen raised
the demand for ten-hour day in year 1810, and instituted it in his New
Lanark cotton mills. By 1817 he had formulated the goal of the 8-hour
day and coined slogan 8 hours labour, 8 hours recreation, 8 hours full
Women and children in the England were granted the ten-hour day in 1847. The
8-hour day movement forms part of the early history for the celebration
of the Labour Day, and the May Day in many nations and cultures.
Father of Human Resource Management
George Elton Mayo >>
(26 December 1880 - 7 September 1949)
uman resource are the workforce readily available for an organization in order to perform certain duties and responsibilities of occupied roles entrusted by the management so as to meet the expectations an organisation. Human Resource Management is the subject which deals with the human resource and treats them as assets of an organisation. Human Resource Management is the process of recruitment, selection, training, appraising performance, compensating, maintaining relationships, looking welfare, healthy and safety measures of employees and compliance with labour laws of the land.
Introduction to Human Resource Management
Recruitment & Selection
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Recruitments in India to rise 14.5% in 2016:
Indian companies are expected to create 14.5% more new jobs this year than in 2015 with the pharmaceuticals and healthcare industry leading the trend by creating 1.34 lakh new jobs, which translates into a 20% jump year on year, says a new study.
Human Resource Planning
refer to the individuals or personnel or workforce within an
organisation responsible for performing the tasks given to them for the
purpose of achievement of goals and objectives of the organisation which
is possible only through proper recruitment and selection, providing
proper orientation an induction, training, skill developments, proper
assessment of employees (performance appraisal), providing appropriate
compensation and benefits, maintaining proper labour relations and
ultimately maintaining safety, welfare and health concern of employees,
which is process of the human resource management.
Human Resource Planning
Human Resource Information Systems
Father of Human Resource Development
Nadler, emeritus professor of George Washington University, was
regarded as father of Human Resource Development.In the years of 1970s
and 1980s, Nadler tirelessly advocated the HRD profession.
- Workmen's Compensation Act, 1923
- Factories Act, 1948
- Payment of Gratuity Act, 1972
- Payment of Wages Act, 1936
- Trade Union Act, 1926
- Industrial Disputes Act, 1947
- Employee State Insurance Act, [ESI] 1948
- Payment of Bonus Act, 1965
- Employees' Provident Fund Scheme, 1952.
- Child Labour (Prohibition & Regulation) Act, 1986
- Contract Labour (Regulation and Abolition) Act, 1970
- Industrial employment (standing orders) Act, 1946)
- Maternity Benefit Act,1961 (with latest amendments)
- Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
- Rights of Persons with Disabilities Act, 2016
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Compensation or Reward Management
Equal pay for equal workArt.39(D) Constitution of India 1949that there is equal pay for equal work for both men and womenService Law – the principle of ‘equal pay for equal work’ would be applicable to all the concerned temporary employees, so as to vest in them the right to claim wages, at par with the minimum of the pay-scale of regularly engaged Government employees, holding the same post. State of Punjab Vs. Jagjit Singh [Supreme Court of India, 26-10-2016]The Contract Labour (Regulation and Abolition) Act, 1970 News
Top sectors to witness a salary increase in 2016
The survey collected data from 700 organizations between December 2015 and January 2016. Most manufacturing industries projected a drop in increments for 2016, while services sector has given a positive outlook. The laggards include cement (9.8%), transportation (9.7%), telecom (9.7%), metal (9.3%) and financial institutions (8.8%).
pay increases in Indian companies will remain at 10% in 2017, unchanged
from last year but still the highest among developed and emerging
markets in the Asia Pacific, according to the Salary Budget Planning
report of Willis Towers Watson
Variable pay Plans >>
More organizations are replacing their annual salary increases and holiday bonuses with pay-for-performance plans. According to HR consulting firm Hewitt Associates, 78% of American companies use some form of variable pay plan to reward employees based on performance with the main incentive of aligning employee actions with corporate goals and objectives.