Port City International University Course code: HRM 606 Course title: Human Resource Management Assignment no: 01 Topic of Assignment: HRM is a process of acquiring, rewarding, developing, maintaining & protecting for work force/HR of an organizations in an effective & efficient manner for achieving its goal & objectives, mission & vision – explain it. Submitted to Submitted by MR. PROF. DR. MD. FASHIUL ALAM Dean Department of Business Studies Port City International University Name : Avijit Saha Program : MBA Batch : MBA 25 (A) ID NO : MBA 02507139 Date Of Submission : 15/06/2021
Topic of Assignment HRM is a process of acquiring, rewarding, developing, maintaining & protecting for work force/HR of an organizations in an effective & efficient manner for achieving its goal & objectives, mission & vision – explain it. As per definition Human Resource Management is a function within an organization which focuses mainly on the recruitment of, management of, and providing guidelines to the manpower in a company. It is a function of the company or organization which deals with concerns that are related to staff of the company in terms of hiring, compensation, performance, safety, wellness, benefits, motivation & training. HRM is the process of achieving goals and objectives effectively and efficiently through and with the people. According to the assignment the HRM process are four types. There are- Acquiring HR Rewarding HR Developing HR Maintaining & Protecting HR Acquiring human resources is the process by which a firm hires employees to ensure that the required number and types of employees are available to perform organizational activities and accomplish organizational goal. Acquiring human resources includes Equal Employment Opportunity. HR Planning. Job Analysis and Design. Equal Employment Opportunity: Equal Employment Opportunity is the principle that every person, regardless of attributes such as race, gender or sexual orientation, has an equal opportunity to find employment based on merit. HR Planning: Human Resources Planning is the continuous process of systematic planning ahead to achieve optimum use of an organizations most valuable asset quality employees. What kind of people will take, when to take, where to take, is the purpose of HR planning. Job Analysis and Design: Job analysis investigates and identifies the duties, tasks, responsibilities, skills and knowledge, essential qualifications for a certain job profile. Job design focuses on integrating the requirements and needs of an employee with the objectives of the organization. Rewarding human resources is an incentive plan to reinforce the desirable behavior of workers or employers and in return for their service to the organization. The primary objective of organizations in giving rewards is to attract, maintain and retain efficient, high performing and motivated employees. There can be various types of rewards an organization can give its employees like money, grade, performance based incentive or performance pay, increment, gift cards, recognition or awards, profit sharing, holiday packages, medical coverage, promotion, bonuses etc. Rewarding human resources includes-
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