Various Processes in HRM

4 Various Processes in HRM

 

4.1 Human Resource Planning

 Generally, we consider Human Resource Planning as the process of people forecasting. Right but incomplete! It also involves the processes of Evaluation, Promotion and Layoff.

• Recruitment: It aims at attracting applicants that match a certain Job criteria.
• Selection: The next level of filtration. Aims at short listing candidates who are the nearest match in terms qualifications, expertise and potential for a certain job.
• Hiring: Deciding upon the final candidate who gets the job.
• Training and Development: Those processes that work on an employee onboard for his skills and abilities upgradation.

4.2 Employee Remuneration and Benefits Administration

The process involves deciding upon salaries and wages, Incentives, Fringe Benefits and Perquisites etc. Money is the prime motivator in any job and therefore the importance of this process. Performing employees seek raises, better salaries and bonuses.

4.3 Performance Management

 It is meant to help the organization train, motivate and reward workers. It is also meant to ensure that the organizational goals are met with efficiency. The process not only includes the employees but can also be for a department, product, service or customer process; all towards enhancing or adding value to them.

Nowadays there is an automated performance management system (PMS) that carries all the information to help managers evaluate the performance of the employees and assess them accordingly on their training and development needs.

4.4 Employee Relations

 Employee retention is a nuisance with organizations especially in industries that are hugely competitive in nature. Though there are myriad factors that motivate an individual to stick to or leave an organization, but certainly few are under our control.

All processes are integral to the survival and success of HR strategies and no single process can work in isolation; there has to be a high level of conformity and cohesiveness between the same.

References

Juneja, P., n.d. managementstudyguide. [Online]
Available at: https://www.managementstudyguide.com/processes-in-human-resource-management.htm

MITSDE , n.d. School of Distance Education. [Online]
Available at: https://blog.mitsde.com/processes-in-human-resource-management-hrm/