ICSE Class 12 Business Studies | Chapter 1: Human Resource Management (HRM) by Abraham | Learn Smarter
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Chapter 1: Human Resource Management (HRM)

Human Resource Management is an essential function in organizations, focusing on efficiently recruiting, training, and retaining employees. It aims at achieving individual, organizational, and societal objectives while ensuring employee welfare. The chapter elaborates on various HRM functions, including planning, recruitment, training, performance appraisal, compensation management, and recent trends in HRM.

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Sections

  • 1

    Human Resource Management (Hrm)

    Human Resource Management (HRM) focuses on optimizing the use of human resources within organizations to achieve goals.

    Learning Practice

  • 1.1

    Introduction

    Human Resource Management (HRM) is essential for effectively utilizing human resources to achieve organizational goals.

    Learning Practice

  • 1.2

    Meaning Of Human Resource Management

    Human Resource Management involves processes aimed at optimizing the recruitment, training, and maintenance of employees in an organization.

    Learning Practice

  • 1.3

    Features Of Human Resource Management

    Human Resource Management (HRM) focuses on the effective management of people within organizations, emphasizing recruitment, training, and employee welfare.

    Learning Practice

  • 1.4

    Objectives Of Hrm

    The section outlines the key objectives of Human Resource Management (HRM), emphasizing the importance of effectively utilizing human resources to fulfill organizational goals.

    Learning Practice

  • 1.5

    Functions Of Human Resource Management

    This section outlines the various functions of Human Resource Management (HRM), which are essential for managing an organization's human capital effectively.

    Learning Practice

  • 1.6

    Importance Of Human Resource Management

    Human Resource Management (HRM) is vital for organizations to effectively utilize human resources toward achieving organizational goals.

    Learning Practice

  • 1.7

    Human Resource Planning (Hrp)

    Human Resource Planning (HRP) involves forecasting future human resource needs and formulating plans to meet those needs.

    Learning Practice

  • 1.8

    Recruitment And Selection

    This section covers the processes of recruitment and selection in Human Resource Management (HRM), highlighting the importance of effectively sourcing and choosing candidates.

    Learning Practice

  • 1.9

    Training And Development

    Training and development are essential components of Human Resource Management, focusing on improving employee skills and fostering overall growth within organizations.

    Learning Practice

  • 1.10

    Performance Appraisal

    Performance appraisal is the systematic evaluation of employee performance to facilitate their growth and development within the organization.

    Learning Practice

  • 1.11

    Compensation Management

    Compensation management is the process of deciding an employee's pay and benefits, crucial for attracting and retaining talent.

    Learning Practice

  • 1.12

    Employee Welfare And Social Security

    This section covers the importance of employee welfare and social security in organizations, focusing on various services and benefits provided for employee well-being.

    Learning Practice

  • 1.13

    Recent Trends In Hrm

    Recent trends in Human Resource Management (HRM) are focusing on technology, flexibility, employee engagement, diversity, and talent management.

    Learning Practice

  • 1.14

    Summary

    Human Resource Management (HRM) is essential for managing people within organizations, focusing on hiring, developing, and retaining employees for mutual benefit.

    Learning Practice

References

12 bs ch1.pdf

Class Notes

Memorization

What we have learnt

  • Human Resource Management e...
  • The main functions of HRM i...
  • Recent trends in HRM highli...

Revision Tests