hrm

huma esou ce ma ageme (HRM)

Wha is huma esou ce ma ageme (HRM)?

Huma esou ce ma ageme (HRM) is he p ac ice of ec ui i g, hi i g, deployi g a d ma agi g a o ga iza io 's employees. HRM is of e efe ed o simply as huma esou ces (HR). A compa y o o ga iza io 's HR depa me is usually espo sible fo c ea i g, pu i g i o effec a d ove seei g policies gove i g wo ke s a d he ela io ship of he o ga iza io wi h i s employees. The e m huma esou ces was fi s used i he ea ly 1900s, a d he mo e widely i he 1960s, o desc ibe he people who wo k fo he o ga iza io , i agg ega e.

HRM is employee ma ageme wi h a emphasis o employees as asse s of he busi ess. I his co ex , employees a e some imes efe ed o as huma capi al. As wi h o he busi ess asse s, he goal is o make effec ive use of employees, educi g isk a d maximizi g e u o i ves me (ROI).

The mode e m huma capi al ma ageme (HCM) is of e used by la ge a d midsize compa ies whe discussi g HR ech ology.

The impo a ce of huma esou ce ma ageme

The pu pose of HRM p ac ices is o ma age he people wi hi a wo kplace o achieve he o ga iza io 's missio a d ei fo ce he co po a e cul u e. Whe people ma ageme is do e effec ively, HR ma age s ca help ec ui ew employees who have he skills o fu he he compa y's goals. HR p ofessio als also aid i he ai i g a d p ofessio al developme of employees o mee he o ga iza io 's objec ives.

A compa y is o ly as good as i s employees, maki g HRM a c ucial pa of mai ai i g o imp ovi g he heal h of he busi ess. Addi io ally, HR ma age s mo i o he s a e of he job ma ke o help he o ga iza io s ay compe i ive. This could i clude e su i g compe sa io a d be efi s a e compe i ive, eve s a e pla ed o keep employees f om bu i g ou a d job oles a e adap ed based o he ma ke .

How does HRM wo k?

HR p ofessio als ma age he day- o-day execu io of HR- ela ed fu c io s. Typically, huma esou ces is a s a dalo e depa me wi hi a o ga iza io .

HR depa me s va y i he size, s uc u e a d a u e of hei i dividual posi io s. Fo small o ga iza io s, o e HR ge e alis migh pe fo m a b oad a ay of fu c io s. La ge o ga iza io s have seve al HR p ofessio als who ha dle specialized oles, such as ec ui i g, immig a io a d visas, ale ma ageme , employee be efi s a d compe sa io . Though hese HR posi io s a e specialized, job fu c io s migh s ill ove lap.

Amazo is a example of a la ge compa y wi h mul iple ypes of specialized HR posi io s. The compa y's ca ee websi e lis s he followi g HR job i les:

Objec ives of huma esou ce ma ageme

HRM ca be b oke dow i o he followi g fou ca ego y objec ives:

Mo e specific objec ives of HRM i clude he followi g:

Skills a d espo sibili ies of a HR ma age

HRM is ypically b oke i o p e-employme a d employme phases, as well as mo e specific subsec io s, wi h a HR ma age assig ed o each o e. A eas of HRM ove sigh i clude he followi g:

HR ma age s be efi f om havi g skills a d expe ie ce i a a ge of a eas. The mos esse ial HRM skills ha p ofessio als should possess i clude he followi g:

HRM sof wa e

Almos all a eas of HRM have sophis ica ed sof wa e ha au oma es HR p ocesses o va yi g deg ees, alo g wi h o he fea u es, such as a aly ics. Fo example, job ca dida e ec ui i g has see e o mous g ow h i he umbe of sof wa e ools a d ma ageme sys ems ha ma ch employe s a d job ca dida es. Those sys ems also ma age o he s eps i he hi i g p ocess, such as i e viewi g a d ve i g.

HRM sof wa e is of e p ovided as o -p emises sys ems. Howeve , ea ly eve y a ea of HR ech has moved o cloud-based sof wa e-as-a-se vice pla fo ms.

The e a e seve al ve do s i he HRM ma ke , i cludi g ADP, BambooHR, HRO e, Isolved, Paycom, Payloci y, Pe so io, Rippli g, SAP a d Wo kday.

HRM ca ee oppo u i ies a d equi eme s

A bachelo 's deg ee is ypically equi ed fo a ca ee i huma esou ce ma ageme . Some colleges offe HRM deg ees ha p ovide a ca ee pa h i o a e y-level HR posi io . A o he way o la d a job i HR is o comple e a u de g adua e cou se of s udy i a ela ed field, such as busi ess admi is a io .

Seve al yea s of expe ie ce i ope a io s-heavy oles ca be valuable whe maki g a ca ee a si io o a HR posi io . Fo hose lacki g a eleva u de g adua e deg ee o a sla able wo k expe ie ce, he e a e HR-specific mas e 's deg ee p og ams o help build he ecessa y k owledge, skills a d qualifica io s.

HRM his o y

Mode huma esou ce ma ageme ca be aced back o he 18 h ce u y. The B i ish I dus ial Revolu io gave ise o la ge fac o ies a d c ea ed a u p ecede ed spike i dema d fo wo ke s.

Wi h ma y of hese labo e s pu i g i lo g hou s -- of e clocki g 16-hou wo kdays -- i became appa e ha wo ke sa isfac io a d happi ess had a s o g posi ive co ela io wi h p oduc ivi y. Seeki g o maximize ROI, wo ke sa isfac io p og ams we e i oduced. Fac o y co di io s, safe y co ce s a d wo ke s' igh s also bega ge i g a e io i he la e 19 h a d ea ly 20 h ce u ies.

HR depa me s wi hi o ga iza io s bega appea i g i he 20 h ce u y. They we e of e k ow as pe so el ma ageme depa me s ha deal wi h legal complia ce equi eme s a d impleme ed wo ke sa isfac io a d safe y p og ams. Followi g WWII, he U.S. A my's ai i g p og ams we e used as a model i some compa ies ha s a ed o make employee ai i g a poi of emphasis.

Pe so el depa me s ook o he huma esou ces label i he 1970s. The p ima y fac o ha diffe e ia es HR f om pe so el ma ageme is he way ech ology bega o be used o imp ove commu ica io a d access o employee i fo ma io .

HRM e ds

Job oppo u i ies fo ca ee s i HRM emai s o g. Compa ies a e ecog izi g he s a egic diffe e ce a good huma esou ce depa me ca make a d a e i ves i g i hem acco di gly. As a esul , HR jobs a e g owi g i dema d.

Acco di g o he U.S. Bu eau of Labo S a is ics (BLS), HRM job i les a e expec ed o g ow 5% i he U.S. be wee 2022 o 2023. Sala y p ospec s emai s o g; he media a ual sala y fo a HR ma age was app oxima ely $130,000 i May 2022, acco di g o he BLS. Fo HR specialis posi io s, media sala ies we e mo e ha $64,000 a ha same ime.

Ca small busi esses use HRM?

Small busi esses migh have limi ed esou ces a d a smalle wo kfo ce compa ed o la ge compa ies, maki g HRM mo e difficul o impleme . Howeve , HRM p i ciples a d capabili ies ca be adva ageous fo small busi esses i he followi g ways:

Huma esou ce ma ageme is key o e e p ise success. Lea how o choose he pe fec HR sof wa e sys em.