Covered content •Introduction •Distinguish between personnel management and human resource management •Functions of human resource management •Role and responsibilities of line managers •Impact of legal and regulatory framework •Conclusion
Introduction Human asset administration is an essential term which assist to portrays appropriate system in the organisation. As with assistance of this employer can easily manage their business entity. Fundamental obligation of HR employer is associated with some areas, such as staffing, compensation as well as benefits.
Distinguish between personnel management and human resource management These are as below: •Personal management has more administrative activities dealswithemployeessuchastheirpayrolland employmentlaws.Incontrast,HRMisdealingwith management of the company work force. •With assistance of personnel management company can easily manage their regular work. But HRM assists to organise strategic functions.
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Function of human resource management •Accordingly, the company strategy focus on managing itsemployeesastheinnovationcomefromtheir employees. •Companywouldnotbeabletomaximizeits innovation unless they recruit and retain innovators.
Role and responsibilities of line managers HR managers are involving in HR policies and practices. Line managers are essentially execute the above mentioned functions accordingly. Line Managers role different from one organisation to another and from one department to another. Line managers jobs role vary as per targets and structures and different horizontal inside an organisation.
Impact of legal and regulatory framework Human asset administration is main key role within any organisation. They assist the organisation to achieve goals by recruiting and maintaining effective employees. HRM needtoinvolveingrudgeandinadditioncorrective proceedings and lead discussion as required.
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Conclusion From above presentation, it has been concluded that every organisation has to manage their human assets, thus they can accomplish their desired goals and objectives in an effective manner. As a result, they can improve their revenues at marketplace easily.
References •Anderson,V.,2013.Researchmethodsinhuman resourcemanagement:investigatingabusinessissue. Kogan Page Publishers. •Aswathappa, K., 2013.Human resource management: Text and cases.Tata McGraw-Hill Education.