The basic activities of Human Resource Management (HRM) include:
1. Recruitment and Selection: HRM is responsible for attracting and hiring qualified candidates for job vacancies within the organization. This involves creating job descriptions, advertising job openings, screening resumes, conducting interviews, and selecting the best candidates.
2. Training and Development: HRM is responsible for identifying the training needs of employees and providing them with the necessary skills and knowledge to perform their jobs effectively. This includes organizing training programs, workshops, and seminars, as well as providing ongoing development opportunities.
3. Performance Management: HRM is responsible for setting performance standards, evaluating employee performance, and providing feedback and coaching to improve performance. This includes conducting performance appraisals, setting goals, and implementing performance improvement plans.
4. Compensation and Benefits: HRM is responsible for designing and implementing compensation and benefits programs to attract and retain employees. This includes determining salary structures, administering employee benefits such as health insurance and retirement plans, and managing employee payroll.
5. Employee Relations: HRM is responsible for maintaining positive employee relations within the organization. This includes handling employee grievances, resolving conflicts, and promoting a positive work environment.
6. Compliance with Employment Laws: HRM is responsible for ensuring compliance with employment laws and regulations. This includes staying updated on labor laws, maintaining employee records, and implementing policies and procedures that adhere to legal requirements.
7. HR Planning and Strategy: HRM is responsible for developing and implementing HR strategies that align with the organization's goals and objectives. This includes workforce planning, succession planning, and talent management.
8. Employee Engagement and Retention: HRM is responsible for creating programs and initiatives to engage and retain employees. This includes promoting a positive work culture, recognizing and rewarding employee achievements, and implementing employee engagement surveys.
9. Health and Safety: HRM is responsible for ensuring a safe and healthy work environment for employees. This includes implementing safety policies and procedures, conducting safety training, and addressing any health and safety concerns.
10. HR Analytics: HRM is responsible for collecting and analyzing HR data to make informed decisions and improve HR processes. This includes tracking employee performance, turnover rates, and other HR metrics to identify trends and areas for improvement.