At the end of world war–II managing employees became the most concerning matter for every organization. After the realization of concerned people regarding the workers as a human beings they were promoted to the humanism movement and they focused employees decisions, stress which directly affect themselves i.e. reduce productivity of the workers. It is founded by the high level management that it is not possible to increase productivity without the complete satisfaction of the workers. On the basis of that discovered issue the current knowledge on motivation and reward system came out of this period.
Till 1970 management employees was called personnel management. All the managers in an organization must be familiar with human resource management theory similarly they must be aware of marketing and accounting theory, was broadly accepted. At this time, human resource management has developed into established profession.
HRM is the managing of an organization’s labor force, or human capital. It is concerned with attraction, assortment, training, appraisal, and rewarding of employee. It is the process of appointing and developing employees to make them valuable for the organization.
Few Definition of Human resource management:
- Decenzo and Robbins define HRM in the following way:-
“Human resource management is a process consisting of four functions-acquisition, development, motivation and maintenance of human resources.”
2. According to Gary Dessler define HRM in the following way:-
“Human resource management refers to the policies and practices one needs to carry out the people or human resource aspects of management position including recruiting, screening, training, rewarding and appraising.”
3. According to G.R. Agrawal define HRM in the following way:-
“Human resource management is a process concerned with the management of human energies and competencies for achieving organizational goals through acquisition, development, utilization and maintenance of a competent and committed workforce in a changing environment.”
From the above discussion we came to the points that human Resource Management includes job analyses, planning staff requirements, recruiting the right people, orienting and guiding, administration of wages and salaries, providing benefits and incentives, evaluating performance, resolving disputes, and corresponding with every employees at all level.