Human Resources Management (HRM) can be defined ad a set of policies, practices, and programs built to maximize both personal and organizational goals.
According to National Institute of Personnel Management of India, “personnel management or HRM is that a part of management related to people at work and with their relationships inside the organization. It seeks to bring together men and women who constitute an enterprise, allowing each in making their own best contribution to its success both as an individual and as a member of a working group”.
In the other words “personal management or HRM can be defined as that field of management which includes about planning, organizing and controlling the functions of procuring, developing, maintaining and using a work force.
The following are the main concepts of Human Resource Management
- Objectives for which the organization is made are achieved economically and effectively
- Objectives of all levels of personnel are served to the optimum possible degree and
- Objectives of society are properly considered and served.
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