{"id":5415,"date":"2020-01-15T05:19:29","date_gmt":"2020-01-15T03:19:29","guid":{"rendered":"https:\/\/www.intraders.org\/news\/?p=5415"},"modified":"2021-12-18T17:18:43","modified_gmt":"2021-12-18T15:18:43","slug":"importance-of-hrm","status":"publish","type":"post","link":"https:\/\/www.intraders.org\/news\/ot\/importance-of-hrm\/","title":{"rendered":"IMPORTANCE OF HRM"},"content":{"rendered":"\n<p>Human resources are a valuable asset to the organization. They are the strength &amp; pillars of any organization. To face new challenges, effective HRM is required. Significance of HRM can be classified as:<\/p>\n\n\n\n<p>1.&nbsp; &nbsp;&nbsp;Organization significance&nbsp;\u2013 HRM helps an enterprise in achieving goals effectively &amp; efficiently by:<\/p>\n\n\n\n<p>*Better utilization of available resources.<\/p>\n\n\n\n<p>*Developing the necessary skills among the employees by training, development, performance appraisal, etc.<\/p>\n\n\n\n<p>*Ensuring that enterprises will have competent and dedicated employees in the future.<\/p>\n\n\n\n<p>2.&nbsp; &nbsp;&nbsp;Social Significance&nbsp;\u2013Sound HRM helps to enhance the dignity of labour by:<\/p>\n\n\n\n<p>*Eliminating wastage of human resources through conservation of physical and mental health.<\/p>\n\n\n\n<p>*Multiplication of employment opportunities.<\/p>\n\n\n\n<p>*Providing suitable employment that provides social &amp; psychological satisfaction to the people.<\/p>\n\n\n\n<p>3.&nbsp; &nbsp;&nbsp;Professional Significance&nbsp;\u2013Effective HRM leads to professional growth by:<\/p>\n\n\n\n<p>*Providing excellent growth opportunities to people.<\/p>\n\n\n\n<p>*Promoting teamwork &amp; team spirit among employees.<\/p>\n\n\n\n<p>*Developing people regularly to meet the new challenges of their job.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">OBJECTIVES OF HRM<\/h1>\n\n\n\n<p>Some of the objectives of Human Resource Management are as follows-<\/p>\n\n\n\n<p>1.    To help the organization to achieve its goals by providing well trained &amp; well-motivated employees.<\/p>\n\n\n\n<p>2.    To enhance job satisfaction as well as the self-actualization of the employees by encouraging them to realize their potential.<\/p>\n\n\n\n<p>3.    To fully utilize the available human resources effectively.<\/p>\n\n\n\n<p>4.    Establish and maintain friendly relations between the employee &amp; management.<\/p>\n\n\n\n<p>5.    To reconcile individual as well as group goals along with organizational goals.<\/p>\n\n\n\n<p>6.    To develop &amp; maintain the Quality of Work Life (QWL) of employees.<\/p>\n\n\n\n<p>BBA                                                                                                                                                    TIAS,                                                                                                                                          New Delhi<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"160\" src=\"https:\/\/www.intraders.org\/news\/wp-content\/uploads\/2020\/04\/intraders-journal-768x160.jpg\" alt=\"\" class=\"wp-image-5663\" srcset=\"https:\/\/www.intraders.org\/news\/wp-content\/uploads\/2020\/04\/intraders-journal-768x160.jpg 768w, https:\/\/www.intraders.org\/news\/wp-content\/uploads\/2020\/04\/intraders-journal-768x160-300x63.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption><a href=\"http:\/\/www.intraders.org\">http:\/\/www.intraders.org<\/a><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Human resources are a valuable asset to the organization. They are the strength &amp; pillars of any organization.<\/p>\n","protected":false},"author":2619,"featured_media":5419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yst_prominent_words":[4012,2996,3484,4007,4016,2035,1309,4017,4015,1965,4009,4008,2094,2093,4010,810,921,1512,4011,826],"class_list":["post-5415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ot"],"_links":{"self":[{"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/posts\/5415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/users\/2619"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/comments?post=5415"}],"version-history":[{"count":3,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/posts\/5415\/revisions"}],"predecessor-version":[{"id":6657,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/posts\/5415\/revisions\/6657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/media\/5419"}],"wp:attachment":[{"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/media?parent=5415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/categories?post=5415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/tags?post=5415"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.intraders.org\/news\/wp-json\/wp\/v2\/yst_prominent_words?post=5415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}