HUMAN RESOURCE MANAGEMENT V/s PERSONNEL MANAGEMENT
HRM PM
•HRM is proactive in nature. It •PM is mainly reactive in
is not only concerned with the nature. It satisfies itself by present organizational ensuring peaceful measure conditions but foresees future management relations in the necessities and then acts present. appropriately. •PM which is employee •HRM as a resource centered centred , aims at hiring, activity focuses more on the training, compensating, and managerial aspects in terms of maintaining the existing force delegating the responsibility of of the organization. HRM to line authority and management development. Cont…… HRM PM
•HRM emphasizes open minded •PM emphasizes the strict
contracts, which can be observance of defined rules, modified depending upon the procedures, and contracts that demand of the business. govern the relationships Management assumes the between the workforce and the responsibility to motivate the management; for example employees and constantly collective bargaining and inspires performance based employment contracts. upon team spirit. •PM considers job satisfaction •HRM is based on the principle and morale as a source of better performance. It works that better performance itself is on the foundation that a a cause of job satisfaction and contended worker is a morale. productive worker. Importance of HRM • Significance for an Enterprise • Professional Significance • Social Significance • National Significance Importance of HRM • Significance for an Enterprise Attracting and Retaining right talent Development of skills and right attitude among employees Securing co-operation of employees Effective utilization of human resources Building up of competitive and dedicated team Importance of HRM • Professional Significance Providing maximum opportunity for personal development Maintaining healthy relationship among all the groups Allocation of work Importance of HRM • Social Significance Proving better Employment Maintaining balance between job available and job seekers Optimum utilization of human resources THANK YOU