HRM 300 Week 1 - Human Resource Overview Paper
What is Human Resource Management?
Human Resource Management (HRM) is a function of an organization that is responsible for recruiting, training, motivating, and retaining good employees. Other functions of HRM are compensation, benefits, performance management, and evaluation. A long held view of Human Resources has been from a mostly negative angle. A common misconception of HRM is the function is there for hiring, handing out punishment for violations of company policy, and for terminating employment. While these functions are within the realm of HRM, HRM has a much broader scope within an organization.
Primary Function of Human Resource Management
To put it in the simplest of terms, the primary function of HRM is to manage the organization’s employees. Employees are the most valuable asset in an organization. Machines, technology, and the best products and services would not exist without the human assets. “People—not buildings, equipment, or brand names—make a company” (DeCenzo & Robbins, 2007. p. 32). Expanding on the primary function of HRM involves four separate main functions of staffing, training and development, motivation, and maintenance.
The staffing function is more involved than just recruiting. Human resources must first engage in planning and analysis of the position and the skills, knowledge and abilities required for the position. HR cannot successfully recruit qualified applicants “without knowledge of the critical skills required, n