Importance of Employee's Relation in Decision-Making of HRM

Human Resource
Management

Table of
content
Introduction
Importance of employee's relation
Key elements of employee
legislation
Conclusion
References

INTRODUC
TION
Human asset are the most profitable and novel resource of
an association. The success of management of an
association's human asset is an energizing, dynamic and
testing task, particularly when the world has turned into a
worldwide town and economies are in a condition of
transition. The shortage of skilled asset and the developing
desire for the cutting edge labourer have additionally
expanded the unpredictability of the human resource
function.

Definition of Human Resources
Management
HRM can be defined as process or practice that supports in hiring people from correct sources
and placing them on right job. It ensures managing them well so that overall goal of business
unit can be accomplished.
HRM is the tool that helps in effective utilisation of human resources and building strong
relationship between employees and employer