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State the functions of Human Resource Management. - Commercial Applications

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Questions

State the functions of Human Resource Management.

Describe any one/two function of human resource management.

Outline the major functions of human resource management.

Name and explain any two functions of human resource management.

Answer in Brief

Solution

The functions of human resource management may be classified as follows:

  • Managerial functions: planning, organising, directing, and controlling.
  • Operative functions: procurement, development, compensation, retention, integration, and maintenance.
  1. Planning: Planning is deciding in advance what to do, how to do it, and who is to do it. It bridges the gap between where we are and where we want to go.
  2. Organizing: It includes the division of work among employees by assigning each employee their duties, a delegation of authority as required.
  3. Procurement: Acquisition deals with job analysis, human resource planning, recruitment, selection, placement, transfer, and promotion.
  4. Development: Development includes performance appraisal, training, executive development, career planning and development, and organisational development.
  5. Compensation: It deals with job evaluation, wage and salary administration, incentives, bonuses, fringe benefits, and social security schemes.
  6. Integration: It is the process of reconciling the goals of the organisation with those of its members. Integration involves motivating employees through various financial and non-financial incentives, providing job satisfaction, handling employee grievances through formal grievance procedures, collective bargaining, workers' participation in management, conflict resolution, developing sound human relations, employee counselling, improving quality of work life, etc.
  7. Maintenance: It is concerned with protecting and promoting the physical and mental health of employees. For this purpose, several types of fringe benefits, such as housing, medical aid, educational facilities, conveyance facilities, etc., are provided to employees. Social security measures like provident fund, pension, gratuity, maternity benefits, injury/disability allowance, group insurance, etc., are also arranged. Health, safety, and welfare measures are designed to preserve the human resources of the organisation.
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Notes

Students should refer to the answer according to their questions.

Functions of Human Resource Management
  Is there an error in this question or solution?
Chapter 9: Fundamentals of HRM - Exercise [Page 73]

APPEARS IN

Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 9 Fundamentals of HRM
Exercise | Q III. 4. | Page 73
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 9 Importance of Human Resources
EXERCISES | Q 5. | Page 149
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 9 Importance of Human Resources
EXERCISES | Q 1. | Page 149
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 9 Importance of Human Resources
EXERCISES | Q 4. ii. | Page 149
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 9 Importance of Human Resources
QUESTION BANK | Q 3. | Page 150

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