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á ³HRM is the function performed in Organisations that
facilitates the most effective use of people to achieve
organizational and individual goals´
- Ivancevich & Glucck.
HRM is ³planning, organizing, directing and controlling of the
procurement, development, compensation, integration,
maintenance and production of human resource to the end
that individual, organizational and societal objectives are
accomplished,´
- Flippo.
³ The management of human resources is viewed as a
system in which participants seeks to attain both individual &
group goals.´
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- Dale Yoder.
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á 3cquisition
á Development
á Motivation
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HRM lays emphasis on


6 Interests of management

6 3dopting a strategic approach

6 Obtaining added value from people

6 Gaining their commitment

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á Staff function.
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á Development oriented 
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M3 3GERI3 FU CTIO S OER3TIVE FU CTIO

lanning Employment

Organizing HR Development

Staffing Compensation

Directing Human relations

Coordinating Industrial Relations

Reporting Recent trends in HRM

Budgeting
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á Minimizes favouritism
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á Creates loyalty enthusiasm
á romotes stability
á Basic needs of Organization & employees are taken into account
á Resolves conflicts
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á Easy to understand
á recise
á Stable as well as Flexible
á Based on facts
á 3ppropriate number
á Just, fair & equitable
á Reasonable. Review
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