Implementing a Human Resource Plan

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INTRODUCTION

  • The process of hiring and developing employees so that they become more valuable to the organization.
  • Human Resource Management includes conducting job analyses, planning personnel needs, recruiting the right people for the job, orienting and training, managing wages and salaries, providing benefits and incentives, evaluating performance, resolving disputes, and communicating with all employees at all levels.
  • Examples of core qualities of HR management are extensive knowledge of the industry, leadership, and effective negotiation skills. Formerly called personnel management.

HRM refers to the practices and policies somebody need to carry out the personnel aspects of his/her management job, specifically acquiring, training, appraising, rewarding, and providing a safe, ethical, and fair environment for his/her company’s employees