Fundamentals of Human Resource Management

📋 Course Outline

1. HRM Definition
2. HRM Functions
3. Recruitment Process
4. Selection Techniques
5. Training and Development
6. Performance Management
7. Compensation Strategies
8. Employee and Labor Relations
9. Workplace Health and Safety
10. Diversity and Inclusion
11. Future HR Trends

📖 1. HRM Definition

🔑 Key Concepts & Definitions

• Human Resource Management (HRM): A strategic approach to managing an organization’s people to support its goals through recruitment, development, and retention of employees.

• Strategic HRM: The alignment of human resource policies and practices with the overall business strategy to achieve competitive advantage.

• Operational HRM: The day-to-day activities involved in managing personnel, such as hiring, training, and employee relations.

• Personnel Management: The traditional administrative function focusing on employee record-keeping and compliance, which has evolved into modern HRM.

• Employee Lifecycle: The stages an employee goes through within an organization, from recruitment to exit, managed through HR practices.

• Labor Law Compliance: Ensuring organizational policies adhere to legal standards governing employment rights, safety, and fair treatment.

📝 Essential Points