Human Resource Management(HRM)

Human Resource Management, or HRM, is the practice of managing people to achieve better performance. For example, if you hire people into a business, you are looking for people who fit the company culture as they will be happier, stay longer, and be more productive than people who won't fit into the company culture.

What is Human Resources?

Employees are an important asset of a company and hiring good professionals is the need of every business. Assisting the business in bringing deserving candidates is the HR of the company and this why one of the core components of every business is Human Resources (HR).

An HR needs to understand the organisation's requirements and strategy to be able to bring in the best resources. HR is in high demand as they use their training in churning out the most suitable candidates for an organisation. Since HR is a fast-growing field, pursuing a career in the same offers numerous lucrative job opportunities.

Human Resource Management involves management functions like planning, organizing, directing and controlling

It involves procurement, development, maintenance of human resource

Human Resource Management is a multidisciplinary subject. It includes the study of management, psychology, communication, economics and sociology.

It involves team spirit and team work.

It is a continuous process.

Required Skillset for Human Resources

A critical thinker	A team player
Empathetic	Attention to details
Negotiation skills	Good listening skills
Good listening skills	Time Management Skills
Friendly personality	A problem solver
Highly organized	Strong people skills
Efficient clerical skills	The desire to collaborate
Good questioning skills	Confident
Good Planning skills	Time Management Skills

Human Resources: Eligibility Criteria

MBA in HR: Candidate should have cleared Bachelor's Degree in any stream. Some institutes grant admission on the basis of the scores obtained in management entrance tests

Diploma: Candidate must have cleared 10+2 or equivalent examination from a recognized state or central board and must have secured a minimum of 50% (40% to 45% for reserved category candidates) marks

Course curriculum for Human Resources

Principles of Management	Human Resource Management
Business Communication	Financial Accounting
Marketing and Management	Information Technology for Management
Wages and Salary Administration	Effective H.R. Training and Development Strategy
Organizational Behavior	Industrial Relations and Labor Law
Business Environment	Managerial communication & Skill Development
Production & Operations Management	Compensation & Reward Management

Human Resources Job Profiles & Top Recruiters

The most common sectors for HR professionals are:

Consulting & Professional Services	Information Technology
Recruitment	Telecommunications
Digital Media/ Media	Energy, Mining & Resources
Government	Insurance
Education & Training	Banking & Finance
Medical & Healthcare	Hospitality & Tourism

Talent Acquisition: As a manager, the core responsibility includes taking care of the organisation's staffing needs. Conducting interviews, evaluating, forecasting, and maintaining the manpower of the company are the major responsibilities.

Human Resource Executive: This job profile involves selection of profiles of deserving candidates for a particular vacancy or role in the company. The HR executive is responsible for conducting all selection rounds for the candidates shortlisted for that particular vacancy.

Salary Incharge: A salary incharge's key responsibility is to ensure timely and proper clearance of salaries of employees. Also, in case any employee has any grievances, the same needs to be handled too.

Performance Analyst: This includes analysing the performance of the HR of various departments working in an organisation.

Other job profiles include: