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Human Resource Management

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Learning Objectives
• Understand the importance of Human Resource
Management to the organization

• Appreciate the key functions associated with


Human Resource Management

• Implement a Human Resource Planning Process

• Understand the importance of Recruitment and


Selection
Learning Objectives
• Detail the main types of Compensation and
Benefits Systems

• Implement an effective Performance


Appraisal Process

• Understand the function of Training and


Development and its importance to the
organization
HRM & The Organization
What is Human Resource Management?

• Basic Definition
– ‘managing the employment relationship’
(Tyson, 1987)

• Key Assumption
– Employees are the most important asset of
the organization
Key Functions

Human Resource Planning

Recruitment & Selection

Compensation & Benefits

Performance Appraisals

Training & Development


Human Resource Planning
What is Human Resource Planning?

• “an effort to anticipate future business


and environmental demands upon and
organization and to provide personnel to
fulfil that business and satisfy that
demand”
(Bowey, 1974)
Human Resource Planning

• Human resource planning must be integrated


within the organizations strategic plans

• Senior management must emphasize the


importance of human resource planning

• Human resource planning must be based on


the most accurate information available

Source: Adapted from Tyson & York, 1992


Human Resource Planning

• Human resource planning must be


assigned or located within a central unit

• A clear plan must be developed with


associated time-spans and scope of
activity

Source: Adapted from Tyson & York, 1992


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