Human Resource Management (HRM)
Definition - What does Human Resource Management (HRM) mean?
Human resource management (HRM) is a function within an organization that comprises personnel recruitment, selection, hiring, training, placement, performance management, compensation, organizational development, safety, welfare, benefits, employee motivation, communication and administration of the employees of that organization.
Safeopedia explains Human Resource Management (HRM)
Human resource management (HRM) aims to get the best performance from an employee. It starts from the recruitment and continues throughout his/her training, placement, performance management, compensations, promotions, welfare, health and other benefits related issues during the career. Human resource focuses on policies and systems to achieve the best output from the employee and give him/her the best possible satisfaction through compensations, health and social security, comfort and a healthy job environment.
HRM policies are aligned with the vision and mission of the organization. Derivatives of these vision and mission are policies, research and development, safety and security, management, performance oriented culture, good working environment and teamwork. All of these are strongly supported by HRM policies to get the best performance from the employees and other associated people.
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