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What is Human Resource Management all about? by wlci fashion





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What is Human Resource Management all about? by
Article Posted: 01/19/2013
Article Views: 443
Articles Written: 62
Word Count: 508
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What is Human Resource Management all about?


 
Career,Education
You must have heard terms such as HRM, Personnel Management, Talent Acquisition etc. and wondered what they are all about. Well, these are inter-related terms and are a part of a distinct discipline of a business course known as Human Resource Management.

If you looking for an attractive and a lucrative career option after your graduation, then you can consider Human Resource Management (HRM). Human Resource Management is a specialisation offered in a business management program.

This area of expertise includes recruitment of the best talent, their management and includes various other tasks such as employees’ training, benefits management, performance management, taking care of administration, maintaining employees’ relations etc. The HR department of an organization recruits efficient employees, devises strategies to motivate them and make efforts to retain the best talent in the organization. HR professionals have to make sure that the employees contribute their best in achieving the goals and objectives of an organization in a collective manner.

HRM is an elaborate field and hence a course in the same will provide you extensive and in-depth knowledge and abilities about various aspects of human resource. The first and foremost thing you’ll learn about is that of ‘Talent Acquisition’. As a HR professional you’ll learn how to make effective recruitment plans with the aid of different applications. You’ll get adequate training in different methods of selection and interviewing techniques.

A HRM course will train you in ‘Talent Management’ and educate you about reviewing the performance standards, conduct appraisals etc. (which is the most appealing thing to employees)’ so a HR executive indeed plays an important role! On a serious note, a HR executive plays a pivotal role in managing the people of an organization. Human resource management will also teach about the various aspects of facility & logistics management. The focus in this area will be on procurement process and developing sharp negotiation skills. The training and learning about HRM doesn’t stop here as you’ll be dealing with human resource which is the most complicated among all factors of production. You’ll further be educated about Employee Relations and its different components such as wage, salary administration and payroll management. In HRM you need have a thorough knowledge about statutory compliances and this aspect will train you in it. You’ll also be equipped with abilities to carry out training need analysis.

A HRM course will also teach you about different compensation models. You’ll be equipped in developing a suitable compensation structure for an organization and develop various salary structures, incentive packages etc. Training will be provided to you in taxation aspects of compensation management and other legal compliances related to the employees.

To specialize in HRM, you have to study a business management program. Here we would like you to suggest a business school offering high quality education in business. WLCI College a premier college headquartered in Noida having pan India presence offers courses in business management. After the completion of first two semesters, you can opt for a specialisation in Human Resource Management.

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