Human Resource Management (HRM) is the function within an organization that focuses on the recruitment of, management of, and providing direction for the people who work in an organization. As you can imagine, all of the processes and programs that are touched by people are part of the HR kingdom. This resource that resides in the knowledge, skills, and motivation of people. Human resource improves with age and experience which no other resource can do. It is therefore regarded as the scarcest and most crucial productive resource that creates the largest and longest lasting advantage for an Organization.
A human-resources department (HR department) of an organization performs human resource management overseeing various aspects of employment such as compliance with labor law and employment standards, administration of employee benefits and some aspects of recruitment and dismissal. They are charged with oversight responsibilities to ensure that their organization appropriately builds teams and inspires employee empowerment. So Human resources are the people who make up the workforce of an organization business.
The modules of HRM are:
- Time Attendance
- Payroll Management