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What Are the 5 Functions of Human Resource Management?

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What Are the 5 Functions of Human Resource Management?
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Ines Lopez de Haro

@inesldhg

·

4 Followers

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Human resource management plays a crucial role in maximizing employee performance and organizational success. This summary covers key aspects of HR functions, including:

  • HR planning and workforce management
  • Recruitment strategies (internal vs external)
  • Training methods and their long-term benefits
  • Performance appraisal approaches
  • External and internal factors impacting HR

Key points:

  • HR planning considers current and future workforce needs
  • Effective recruitment and training are essential for organizational growth
  • Regular performance appraisals help improve employee productivity
  • HR must adapt to both internal changes and external market forces

5/2/2023

88

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

Recruitment Strategies

This section explores different approaches to attracting and selecting qualified candidates for job openings within an organization.

The recruitment process typically involves:

  1. Writing a job description
  2. Creating a person specification
  3. Preparing a job advertisement
  4. Drawing up a shortlist of candidates
  5. Conducting interviews

Organizations can utilize both internal and external recruitment methods:

Internal recruitment advantages:

  • Applicants are known to the team
  • Faster and more cost-effective
  • Candidates understand the organization's culture
  • Motivates employees by offering career growth opportunities

External recruitment advantages:

  • Brings new ideas to the company
  • Provides access to a wider pool of applicants
  • Avoids potential resentment among current employees
  • Often attracts more highly qualified candidates

Definition: Recruitment is the process of identifying the need for a new employee, defining the job to be filled, and selecting the most suitable person for the position.

Highlight: Effective recruitment strategies are crucial for identifying and attracting top talent, which is one of the key functions of human resource management.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

The Functions of HR Management

Human resource management encompasses several key functions that are critical for maximizing employee performance and organizational success. This overview examines the main responsibilities of HR departments and factors influencing their work.

  • Human resource planning involves determining workforce needs, qualifications required, and future staffing projections.
  • Labour turnover, measuring employee movement in and out of a company, is an important HR metric.
  • Six key business concepts intersect with HR: change, culture, ethics, globalization, innovation, and strategy.
  • External and internal factors significantly impact HR management practices and policies.

Highlight: The "5 functions of human resource management" typically include workforce planning, recruitment, training and development, performance management, and employee relations.

Definition: Human resources refers to the department responsible for maximizing employee performance to achieve company objectives.

Example: When conducting HR planning, companies must consider questions like: How many workers are needed? What skills are required? Will more staff be needed in the future? Do current employees need additional training?

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

Staff Appraisal and Assessment

This section examines the process of evaluating employee performance, which is a crucial aspect of human resource management.

Types of staff appraisal include:

  1. Formative appraisal
  2. Summative appraisal
  3. Self-appraisal
  4. 360-degree feedback

Formative appraisal:

  • Ongoing, planned process
  • Involves regular discussions between employer and employee

Summative appraisal:

  • Evaluates overall performance over a specific period

Self-appraisal:

  • Employees assess their own performance
  • Results are typically discussed with a manager
  • Should not be used in isolation without further discussion

360-degree feedback:

  • Gathers input from multiple sources, including peers, subordinates, and supervisors

Definition: Staff appraisal, or performance assessment, is the process of evaluating an employee's job performance and productivity in relation to predetermined criteria and organizational objectives.

Highlight: Effective performance management is one of the key functions of human resource management pdf resources often discuss, as it plays a crucial role in employee development and organizational success.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

Internal Factors Affecting HR Management

This page examines the organizational factors that influence human resource management practices and decision-making within a company.

Key internal factors impacting HR management include:

  • Changes to organizational structure
  • Shifts in company finances
  • Evolving labor relations
  • Modifications to educational and training programs

These internal influences shape the development and implementation of the HR plan, also known as the workforce plan. The HR plan guides critical processes such as recruitment, training, performance assessment, and employee termination or dismissal.

Definition: The HR plan, or workforce plan, is a strategic document outlining an organization's human resource needs and strategies to meet those needs.

Highlight: Recognizing and adapting to both internal and external factors affecting human resource management is essential for creating effective HR policies and practices.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

External Factors Affecting HR Management

This section explores the various external influences that shape human resource management practices and strategies within organizations.

Key external factors impacting HR management include:

  • Technological changes
  • Social trends
  • Economic conditions
  • Demographic shifts
  • Government regulations
  • Labor mobility

These external and internal factors affecting hr management require HR professionals to continually adapt their approaches to workforce planning, recruitment, training, and other core functions.

Vocabulary: Labor mobility refers to the ease with which workers can move between different jobs, occupations, and geographical areas.

Highlight: Understanding both external and internal factors affecting hr management is crucial for developing effective HR strategies that align with business objectives and the broader operating environment.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

Types of Employee Training

This page outlines various approaches to employee training and development, which is a critical function of Human resource management.

Main types of training include:

  1. On-the-job training
  2. Off-the-job training
  3. Induction training
  4. Cognitive training
  5. Behavioral training

On-the-job training:

  • Occurs at the workplace
  • Highly relevant to specific job duties
  • Less expensive than off-site options
  • Minimizes disruptions to normal workflow

Off-the-job training:

  • Takes place outside the workplace
  • Often led by external experts
  • Allows for focused learning without distractions
  • Provides opportunities for professional networking

Induction training:

  • Introduces new employees to company rules, regulations, and culture
  • Serves as an orientation for newcomers

Cognitive training:

  • Aims to improve workers' thinking and problem-solving skills
  • Enhances adaptability to changing situations

Behavioral training:

  • Targets functional issues to increase performance
  • Designed to provoke changes in behavior and work habits

Highlight: Implementing effective training programs is one of the 7 functions of hr that contributes to long-term organizational success.

Example: An example of on-the-job training might include shadowing an experienced colleague to learn specific job tasks and procedures.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

View

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Subjects

/

Finance and capital markets

/

Management

/

Leadership styles and skills

What Are the 5 Functions of Human Resource Management?

user profile picture

Ines Lopez de Haro

@inesldhg

·

4 Followers

Follow

Human resource management plays a crucial role in maximizing employee performance and organizational success. This summary covers key aspects of HR functions, including:

  • HR planning and workforce management
  • Recruitment strategies (internal vs external)
  • Training methods and their long-term benefits
  • Performance appraisal approaches
  • External and internal factors impacting HR

Key points:

  • HR planning considers current and future workforce needs
  • Effective recruitment and training are essential for organizational growth
  • Regular performance appraisals help improve employee productivity
  • HR must adapt to both internal changes and external market forces

5/2/2023

88

 

Finance and capital markets

6

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

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Access to all documents

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Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Recruitment Strategies

This section explores different approaches to attracting and selecting qualified candidates for job openings within an organization.

The recruitment process typically involves:

  1. Writing a job description
  2. Creating a person specification
  3. Preparing a job advertisement
  4. Drawing up a shortlist of candidates
  5. Conducting interviews

Organizations can utilize both internal and external recruitment methods:

Internal recruitment advantages:

  • Applicants are known to the team
  • Faster and more cost-effective
  • Candidates understand the organization's culture
  • Motivates employees by offering career growth opportunities

External recruitment advantages:

  • Brings new ideas to the company
  • Provides access to a wider pool of applicants
  • Avoids potential resentment among current employees
  • Often attracts more highly qualified candidates

Definition: Recruitment is the process of identifying the need for a new employee, defining the job to be filled, and selecting the most suitable person for the position.

Highlight: Effective recruitment strategies are crucial for identifying and attracting top talent, which is one of the key functions of human resource management.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

Sign up to see the content. It's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

The Functions of HR Management

Human resource management encompasses several key functions that are critical for maximizing employee performance and organizational success. This overview examines the main responsibilities of HR departments and factors influencing their work.

  • Human resource planning involves determining workforce needs, qualifications required, and future staffing projections.
  • Labour turnover, measuring employee movement in and out of a company, is an important HR metric.
  • Six key business concepts intersect with HR: change, culture, ethics, globalization, innovation, and strategy.
  • External and internal factors significantly impact HR management practices and policies.

Highlight: The "5 functions of human resource management" typically include workforce planning, recruitment, training and development, performance management, and employee relations.

Definition: Human resources refers to the department responsible for maximizing employee performance to achieve company objectives.

Example: When conducting HR planning, companies must consider questions like: How many workers are needed? What skills are required? Will more staff be needed in the future? Do current employees need additional training?

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

Sign up to see the content. It's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Staff Appraisal and Assessment

This section examines the process of evaluating employee performance, which is a crucial aspect of human resource management.

Types of staff appraisal include:

  1. Formative appraisal
  2. Summative appraisal
  3. Self-appraisal
  4. 360-degree feedback

Formative appraisal:

  • Ongoing, planned process
  • Involves regular discussions between employer and employee

Summative appraisal:

  • Evaluates overall performance over a specific period

Self-appraisal:

  • Employees assess their own performance
  • Results are typically discussed with a manager
  • Should not be used in isolation without further discussion

360-degree feedback:

  • Gathers input from multiple sources, including peers, subordinates, and supervisors

Definition: Staff appraisal, or performance assessment, is the process of evaluating an employee's job performance and productivity in relation to predetermined criteria and organizational objectives.

Highlight: Effective performance management is one of the key functions of human resource management pdf resources often discuss, as it plays a crucial role in employee development and organizational success.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

Sign up to see the content. It's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Internal Factors Affecting HR Management

This page examines the organizational factors that influence human resource management practices and decision-making within a company.

Key internal factors impacting HR management include:

  • Changes to organizational structure
  • Shifts in company finances
  • Evolving labor relations
  • Modifications to educational and training programs

These internal influences shape the development and implementation of the HR plan, also known as the workforce plan. The HR plan guides critical processes such as recruitment, training, performance assessment, and employee termination or dismissal.

Definition: The HR plan, or workforce plan, is a strategic document outlining an organization's human resource needs and strategies to meet those needs.

Highlight: Recognizing and adapting to both internal and external factors affecting human resource management is essential for creating effective HR policies and practices.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

Sign up to see the content. It's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

External Factors Affecting HR Management

This section explores the various external influences that shape human resource management practices and strategies within organizations.

Key external factors impacting HR management include:

  • Technological changes
  • Social trends
  • Economic conditions
  • Demographic shifts
  • Government regulations
  • Labor mobility

These external and internal factors affecting hr management require HR professionals to continually adapt their approaches to workforce planning, recruitment, training, and other core functions.

Vocabulary: Labor mobility refers to the ease with which workers can move between different jobs, occupations, and geographical areas.

Highlight: Understanding both external and internal factors affecting hr management is crucial for developing effective HR strategies that align with business objectives and the broader operating environment.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

Sign up to see the content. It's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Types of Employee Training

This page outlines various approaches to employee training and development, which is a critical function of Human resource management.

Main types of training include:

  1. On-the-job training
  2. Off-the-job training
  3. Induction training
  4. Cognitive training
  5. Behavioral training

On-the-job training:

  • Occurs at the workplace
  • Highly relevant to specific job duties
  • Less expensive than off-site options
  • Minimizes disruptions to normal workflow

Off-the-job training:

  • Takes place outside the workplace
  • Often led by external experts
  • Allows for focused learning without distractions
  • Provides opportunities for professional networking

Induction training:

  • Introduces new employees to company rules, regulations, and culture
  • Serves as an orientation for newcomers

Cognitive training:

  • Aims to improve workers' thinking and problem-solving skills
  • Enhances adaptability to changing situations

Behavioral training:

  • Targets functional issues to increase performance
  • Designed to provoke changes in behavior and work habits

Highlight: Implementing effective training programs is one of the 7 functions of hr that contributes to long-term organizational success.

Example: An example of on-the-job training might include shadowing an experienced colleague to learn specific job tasks and procedures.

G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

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G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

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G • BUSINESS 1. woman 2. hs 3. Soldier 4. husband 5. tover husband 2.1- THE FUNCTIONS OF HR MANAGEMENT beatmen lover HUMAN RESOURCES The dep

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Can't find what you're looking for? Explore other subjects.

Knowunity is the # 1 ranked education app in five European countries

Knowunity was a featured story by Apple and has consistently topped the app store charts within the education category in Germany, Italy, Poland, Switzerland and United Kingdom. Join Knowunity today and help millions of students around the world.

Ranked #1 Education App

Download in

Google Play

Download in

App Store

Knowunity is the # 1 ranked education app in five European countries

4.9+

Average App Rating

13 M

Students use Knowunity

#1

In Education App Charts in 12 Countries

950 K+

Students uploaded study notes

Still not sure? Look at what your fellow peers are saying...

iOS User

I love this app so much [...] I recommend Knowunity to everyone!!! I went from a C to an A with it :D

Stefan S, iOS User

The application is very simple and well designed. So far I have found what I was looking for :D

SuSSan, iOS User

Love this App ❤️, I use it basically all the time whenever I'm studying