Human Resource Management Notes
Subject Overview
Human Resource Management covers the full HR lifecycle — HR planning and job analysis, recruitment/
Subject at a glance
4
Units
38
Topics
4
Credits
4
Infographics
Unit-wise Syllabus
4 units — open any unit for detailed topic-wise notes, diagrams and important exam questions
- Nature
- scope
- objectives and functions of HRM
- evolution of HRM
- HR as competitive advantage
- organization of the HR department
- strategic HRM and its integration with business strategy
- HR environment scanning
- human resource planning process
- job analysis
- job description and specification
Procurement
Planning, recruitment, selection
Development
Training, career planning
Compensation
Pay, incentives, benefits
Integration
Motivation, grievance, IR
Maintenance
Health, safety, welfare
Separation
Retirement, exit
Study guide
This unit covers the nature, scope and functions of HRM, its evolution, HR as competitive advantage, organisation of the HR department, strategic HRM, HR environment scanning, HR planning, job analysis, job description and specification. Link HR strategy to business strategy with an example.
- Recruitment and selection process and methods
- induction and placement
- training and development methods and evaluating effectiveness
- HRM vs HRD
- career planning and development process
- internal mobility — promotion
- transfer
- demotion
- separation
- downsizing and outplacement
Sources
Promotion, transfer, referrals
Ads, portals, campuses, agencies
Cost and time
Lower, faster
Higher, slower
Morale
Motivates existing staff
May disappoint insiders
New ideas
Fewer
Fresh talent and ideas
Study guide
You study recruitment and selection, induction and placement, training methods and evaluation, HRM versus HRD, career planning and internal mobility (promotion, transfer, demotion) and separation, downsizing and outplacement. Compare training evaluation approaches.
- Performance appraisal methods
- process and issues
- potential appraisal
- compensation management — job evaluation
- wage/salary fixation
- incentives and fringe benefits
- quality of work life
- health/safety/employee welfare
- quality circles
Ranking
Jobs ranked as a whole
Job classification
Jobs placed into grades
Factor comparison
Jobs compared factor by factor in money
Point method
Points for skill, effort, responsibility, conditions
Study guide
You study performance appraisal methods and issues, potential appraisal, compensation (job evaluation, wage and salary fixation, incentives, fringe benefits), quality of work life, health, safety and welfare and quality circles. Know the main appraisal methods and their limitations.
- Government/union/management concerns in IR
- dispute resolution machinery
- collective bargaining scope/issues/strategies/negotiation skills
- participative management
- grievance handling
- discipline and counseling
- HRIS and HR audit
- ethical issues in HRM
- 1Employee raises grievance
With immediate supervisor
- 2Department head
- 3Grievance committee
- 4Top management
- 5Voluntary arbitration
Study guide
You study industrial relations: government, union and management concerns, dispute resolution machinery, collective bargaining, participative management, grievance handling, discipline, counselling, HRIS, HR audit and ethics. Understand how HR audit evaluates HR effectiveness.
Why Human Resource Management Matters
HR is a core management function and a popular postgraduate specialisation, with roles from recruitment to compensation to HR analytics.
How to Prepare for Human Resource Management
- Follow HR news and case studies to link theory with practice.
- Prepare tables for appraisal methods and compensation components.
- Learn the dispute resolution machinery in order.
Human Resource Management: Frequently Asked Questions
What is strategic HRM?
Strategic HRM aligns people management practices with the organisation's long-term business strategy.