The practice of recruiting, hiring, deploying, compensating, performance management, organizational development, safety wellness, benefits, policy administration, and managing an organization’s personnel is known as human resource management (HRM).
The size, structure, and nature of individual positions in HR departments may vary between different companies. Employee and community outreach are two examples of further HRM-sponsored activities.
Traditional personnel and administration responsibilities in HRM are rapidly being outsourced. The function of human resource management is now expected to bring value to employee strategic utilization and ensure that the recommended and implemented employee programs have a good impact on the organization.
What is Human Resource Management?
Human resource management consists of a deliberate and all-encompassing approach to managing people and the work culture in the organization. It allows employees to work effectively and achieve organizational goals and objectives.
HR department offers the required information, coaching, and administrational services that the business requires to perform efficiently.
Also Read: Challenges of Human Resource Management
There are several focus areas that Human Resource Management deals with:
- It deals with recruiting, staffing as well as compensation and benefits.
- It deals with human resource acquisition and training, and development.
- It helps in the accomplishment of personnel and organizational goals.
- It also focuses on fostering the team spirit
- It aims to make the best use of available skilled manpower
Competence, coherence, credibility, communication, change, cost-effectiveness, creativity, competitive advantage, comprehensiveness, and commitment are the ten “Cs” of human resource management.
Why You Should Study Human Resource Management?
Employees are said to be the most essential asset of every organization which is why every organization needs competent human resource management. Human resources assist in the team formation, the development of the organization’s culture along the growth of its employees. Human resource management contributes to the employee’s productivity to help align with organizational goals and objectives.
To learn the above-mentioned skills and bring benefits to the organization, it is essential to enroll in cost-effective and high-quality HR certification courses. Below are the five key reasons why you should study human resource management:
People management and client relations are crucial skills to learn in the company, and this is just one part of HR that can be applied to any position. Multitasking, presentation skills, administrative responsibilities are among the other vital abilities that you will acquire. Studying HR Certification Courses is beneficial to those who want to develop long-term professional relationships with clients.
One of the most significant aspects for employees while choosing a professional career is job satisfaction, and working as HR provides you with enough job satisfaction. Even in a junior position, you will be able to observe the immediate outcome of your efforts and assess the beneficial impacts you have had on the workplace.
Better Personal Management Skills:
Human Resource Management is primarily concerned with comprehending trends and understanding the reasons for human behavior. One of the main reasons to study HR management is that you will learn how to assist in the start-up of a business and obtain skills that will be valuable as an HR manager.
Better Growth Opportunities:
HR management offers unique opportunities and challenges. Expanding the types of duties and responsibilities you can attain while working with the firms as you progress through your career. You can work as an HR manager, senior HR manager or HR director in addition to being an HR analyst.
High Salary Potential:
You can observe a huge disparity between the salaries paid to individuals who have done HR certification courses and other professionals in the same domain. Employees working as an HR are significantly paid more than other employees.
HR not only hires new and skilled employees but also plays a major role in improving employee productivity and achieving organizational objectives. This is the reason that big organizations have now started investing heavily in the HR department.
Where can I study HR Certification Courses?
There are two options to pursue your career in human resource management. The first is to enroll yourself in an offline course and the other one is to get into an online hr certification course from one of the leading ed-tech platforms such as Talentedge.
We, at Talentedge, offer some of the best human resource management courses in association with esteemed institutions not only from India but also from International institutes, IIM, SHRM, XLRI, AIU (American Intercontinental University), and eCornell amongst others. A vast variety of courses are available in the given institutions. These courses focus on the critical knowledge, skills, and competencies required for HR professionals to succeed in their domain.
Scope of HRM (Human Resource Management)
HRM has a very broad and expansive scope. It encompasses all the activities ranging from personnel planning to employees leaving the organization. As a result, HRM encompasses the acquisition, development, retention, and control of human resources within a company.
The scope of Human Resource Management can widely be categorized into three aspects:
- Personnel Management
- Employee Welfare
- Industrial Relations
It involves recruitment, promotion, incentives, training, and development to help align personal goals with organizational goals and achieve them.
This aspect of HRM is concerned with the working environment and workplace facilities. By providing job security, medical and health facilities, transport and recreational facilities, etc. you make the environment worth working in.
The fundamental goal of this aspect is to keep the organization in peace and harmony. It necessitates good communication with employee unions as well as carefully addressing their grievances and settlement of their disputes.
Functions of Human Resource Management
The functions of human resource management can briefly be described as the following five responsibilities:
- HR Planning
- Job Analysis and Design
- Recruitment and Selection
- Orientation and Placement
- Training and Development
- HR Planning: HR planning is a method of identifying an organization’s objectives and fulfilling human resource requirements in order to achieve those organizational goals.
- Job Analysis: Job analysis is the process of determining the particular features of a job by considering the activities to be executed.
- Recruitment and Selection: Recruitment is the cost-effective process of finding the best-qualified applicants from within or outside the company.
- Orientation and Placement: The process of introducing and familiarizing new hires with their jobs, coworkers, and company is referred to as orientation.
Assignment of tasks to new hires, as well as promotion or transfer of current employees to another department, are all part of the placement process.
- Training and Development: Training is the process of improving an employee’s knowledge and skills for a certain position.
Employee development is a continuous process to help improve an employee’s personality and attitude.
“In order to build a rewarding employee experience, you need to understand what matters most to your people.”
– Julie Bevacqua
Frequently Asked Questions (FAQs) – How to grow your career in Human Resource Management in 2021
Q. How much can I earn after pursuing an HRM course?
Ans: Upon completion of HRM certification courses from top institutes like XLRI, and IIM you can get annual packages ranging from 10 to 15 lacs. Following that, based on your expertise and competence, your salary will continue to rise.
Q. What are the roles and responsibilities of HR professionals?
Ans: One of the most common responsibilities of HR professionals is to oversee the company’s recruitment process. Other roles are assigned according to an organization’s structure, such as developing and maintaining HR policies, recognizing and rewarding employees for their work and contributions, and so on.
Q. What is the difference between an HR Analyst and an HR Specialist?
Ans: Human resource analysts are in charge of evaluating data. They work as part of a team and make recommendations for productivity and compensation.
Human resource specialists are responsible for recruiting and hiring new employees. They are in charge of answering queries on benefits and compensation.
Q. From where can I study for a human resource management course?
Ans: In order to pursue a course in human resource management, you have two options. The first option is to enroll in offline courses, while the second option is to enroll in online HR certification courses from a top ed-tech platform like Talentedge.
We, at Talentedge, partner with prestigious institutes like IIM, SHRM, XLRI, AIU (American Intercontinental University), and eCornell to provide some of the top human resource management courses available.
Q. What are the job opportunities after completing a course in human resource management?
Ans: The scope of HRM is broad as there are ample opportunities in the HR domain. Following are some of the job profiles: HR Resource Manager, Executive Recruiter, Human Resource Executive, Freelance HR consultant, International Human Resources Professional, and so on.
Q. What are the key benefits of pursuing an HR certification course?
Ans: High salary potential is one of the various benefits you get after pursuing HR courses.
HR professionals can have a positive impact on the employees they hire.
As part of the on-job training for new hires, these specialists can also give transferrable skills.
Q. What are the eligibility criteria to enroll for online human resource management courses?
Ans: Eligibility criteria are different for every course of each institute. However, there are few requirements that are the same for every course:
- For Indian Applicants- Graduates from a recognized university (UGC/AICTE/DEC/AIU/State Government) in any discipline
- For International Applicants – Graduation or equivalent degree from a recognized university or institution in their respective country.
- Proficiency in the English language, spoken and written, is mandatory