A study on Hum an Resource Management Processes and Practices - A Review
Journal Title: International Journal of Scientific Research and Management - Year 2016, Vol 4, Issue 9
Abstract
T he most important asset for any organization is their Human Resource s and they serve t he organisation to achieve its goal . Manag ement of human resources plays an extremely vital role as compared to the technology or capital and for its effective managem ent, organization requires effective HRM practices . HRM practices refer to activities of organization directed at managing the puddle of human resources and ensuring that the resources are engaged towards the accomplishment of organizational goal. This paper has been designed to review the existing literature based on HRM Practi ces. The pur pose of this paper is to build up an understanding of HRM Practices and to examine the unique HRM practices implemented by different orga nisations . After reviewing the existing literature on HRM practices, the researchers have establish ed that the external as well as internal factors affect the HRM practices which lead s to direct or indirect effect on other variables such as employee‟s attitude, employee employer relations, financial performance, employee productivity etc. and ultimately contribute to overall corporate performance. On the basis of the literature reviewed, a normative skeleton has been developed that show s how HRM practic es leads to overall corporate performance
Authors and Affiliations
Akhilesh Mishra
Keywords
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