Human Resource Management Semester Notes. The focus of HRM is on managing people within the employer-employee relationship. It involves the productive use of people in achieving the organisation’s strategic business objectives and the satisfaction of individual employee needs. About the Human Resource Management Notes/Ebook. BBA mantra`s Human Resource Management Notes/E-book will serve as concise textbook for BBA/BBM/BMS/MBA and other management students and will provide a brief knowledge on various concepts of Human Resource Management.

Given the importance of HR manager in multinational companies as well start-ups, b schools across the world are ramping up their HR curriculums and pedagogy according to the needs and desires of the industry.

Human resource management is undoubtedly the unsung heroes of the corporate world mainly because the work that they do goes unnoticed for one thing, and for the other, they are the ones we go to when the slightest of the problems arise in the office environment.

An MBA in human resources management can help you fine-tune, not only your people skills but also your own personality improvement efforts. Because the pedagogy in HR is designed, by most B-schools, in such a way that it tackles real-world corporate problems, an HR manager is vital for the day to day operations of the company.

In the figure below, we can see the main components of the concept of human resource management

• Planning and organizing- They form the basis of the company’s HR policies. Right from the hierarchical structure, to organizational design, they frame the entire human resource policy in line with the company’s vision and mission
• Compensation and benefits- Starting from cost-to-company, to various compensation and benefits policies that help retain employees and reduce attrition rates, the responsibilities fall on the HR employees coupled with the dynamics of framing these policies. A good HR team will consider all aspects judiciously, from financial aspects to legal and humanitarian aspect, before coming up with a robust compensation and benefits scheme.
• Talent acquisition, recruitment and training- The place, time and methods of recruitment for a company with various departments like engineering, finance, marketing, productions, etc are different from one another. And this is where HR comes into play to synchronize all the recruitments, however different they might be in their functions and methods, to fall in line with the vision, mission and goals of the company. HR managers have to be a sole point of contact between all these departments not only during recruitment drives but even during a regular operational cycle of the company.

Along with the above mentioned, there are various other components that involve human resource management.

No doubt the employees are the biggest asset for any company, especially in the service sector industry. And hence, an effective HR policy that brings out the best from employees is of utmost importance.

Below are the various aspects of why an HR is pivotal to the workings of the company:

1. Recruitment, section and promotional aspects.
2. Framing proper employee benefit and wellness programs.
3. Developing and enforcing personal policies.
4. Career development and job training.
5. Talent acquisition and enhancements.
6. Orientation programs for new recruits.
7. Forming and being a part of the disciplinary actions committee.
8. They work as primary contact between the management and the workforce.

HR managers wear various hats on the company floor, most of which have something to do with the workforce and their day to day issues.

There was a time when HR managers were mere paperwork employees who manage and kept records of all recruitment, salary, promotions, incentives, tax etc. But the role of HR managers is completely different now.

From framing robust various aspects of HR policies to being a go-to person on the office floor, the importance of HR has grown leaps and bounds, thanks to stringent labour laws from different governments across the world.

Not everyone is cut out to become a good HR manager. So what does it take to be good at this job?

1. People skills- you will be interacting with employees across different functional and business level units. If you don’t have people skills, it’s nearly impossible for you to gain that trust and belief from your employees.
2. Being fair and just- you are like a principal from school when you are in the office floor, from managing small employee conflicts to dealing with serious disciplinary actions like sexual misconduct, you need to be at top of your decision-making game. You need to learn to keep your own favourites and opinions aside and take a neutral and fair stand in conflicts like this. Your decision decides the fate of an employee’s existence in the company, or sometimes in the industry itself. So it’s a big responsibility on the shoulder.
3. Leadership abilities – Some of the big corporations like SBI or PepsiCo have had CEO, CFO s and other positions held by people who started their career from the HR department. This mainly happens in a conglomerate which has various SBUs, subsidiaries and verticals to deal with. The HR manager will know, in-depth, the ins and outs of the company and hence will be fit enough to sit on the top position of the firm.
4. Reliable and patience- HR managers are prone to gain information, with or without their knowledge, that they are not supposed to let it out to others. Whether its employee benefits scheme, pay structure, appraisals and promotions, etc. This demands trust and reliability from the HR managers towards the company.

So, once you have completed your MBA from Human Resource Management, what are the various types of roles awaiting you in the market?

1. Training development specialist- It is an HR role where you are expected to train freshers and newcomers for the industry and develop new methods to increase engagement and efficiency. They are popular in industries like Information Technology, Electronics and communication and other servicing industries.
2. HR managers- From recruitment to compensations and appraisals, you wear many hats as HR manager in a company. They are popular in almost all the industries
3. Benefits specialist- They manage the company’s benefits schemes and retirement programs. From profit sharing to stock ownership plans, they help in designing well-structured policies in line with the company’s resources, capabilities and growth.
4. Employment service manager: They help the company in the selection, design and implementation of employee-engagement programs geared to attract and retain Their main agenda is to reduce the employee attrition rate in the firm. Since attrition rates are high in the IT sector, these job roles are more popular in that industry
5. Recruiter- They solicit individual in the market who are perfect for the ob demanded by the company. From collecting resumes to forwarding to appropriate people in the company, they are the frontline managers between the job market and the company. They are popular across the entire spectrum of the industry.

Lastly, this article should motivate you to take up HRM in MBA. So let us talk about the perks of being an HR manager in a company:

• Better growth- Growth curve for an HR manager is steep and it takes not more than 5 years of hard work and dedication to reach the top position of field given the dynamics of industry and job market.
• Good remuneration- Remuneration packages are mostly very good for HR managers across all the industries.
• Authority over other employees and the operations on the floor.
• Provides some real management experience. An HR manager is capable of working in any industry; hence the job dynamics are high.
• Well-versed with HR laws and other legalities involving corporate and business ethics.
• Planning and organizing on a day to day basis increases strategic thinking abilities.
• Job satisfaction- From proving jobs to the ones who deserve and framing employee-friendly policies, it provides a sense of satisfaction to see the employees be happy because off the policies that you have framed.

Some of the industries where HR managers have higher authority over any other manager are:

• Social aid organizations.
• Healthcare and hospital industry.
• Manufacturing- Pharmaceuticals, Auto, Electronics, etc, these industries are mostly governed strictly by labour laws of the land.
• Technical and scientific systems- These are again highly regulated by state and central governments. Hence you require strong HR teams to abide by the laws of the land.
• Government- Most of the foot soldiers of the government fulfil the day to day activities of the government. Here as well, strong labour laws govern the system. Institutes like Tata Institute of Social Sciences have strong flagship HR programs that are designed mainly for governmental organizations.

Human Resource Management Notes pdf for MBA Students

Suggested Books MBA HRM – 2nd Sem

• Dessler Human Resource Management, Pearson Education Limited, 2007
• Decenzo and Robbins, Human Resource Management, Wiley, 8th Edition, 2007.
• Luis R.Gomez-Mejia, David B.Balkin, Robert L Cardy. Managing Human Resources. PHI Learning. 2012
• Bernadin, Human Resource Management, Tata Mcgraw Hill, 8th edition 2012.
• Wayne Cascio, Managing Human Resource, McGraw Hill, 2007.
• Ivancevich, Human Resource Management, McGraw Hill 2012.
• Uday Kumar Haldar, Juthika Sarkar. Human Resource Management. Oxford. 2012

HRM Syllabus for MBA 2nd semester

UNIT-I

PERSPECTIVES IN HUMAN RESOURCE MANAGEMENT: Evolution of human resource management – The importance of the human factor – Challenges – Inclusive growth and affirmative action -Role of human resource manager – Human resource policies – Computer applications in human resource management – Human resource accounting and audit.

UNIT-II

THE CONCEPT OF BEST FIT EMPLOYEE: Importance of Human Resource Planning – Forecasting human resource requirements –matching supply and demand – Internal and External sources. Recruitment – Selection – induction – Socialization benefits.

UNIT-III

TRAINING AND EXECUTIVE DEVELOPMENT: Types of training methods –purpose- benefits- resistance. Executive development programs – Common practices – Benefits – Self-development – Knowledge management.

UNIT-IV

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SUSTAINING EMPLOYEE INTEREST: Compensation plan – Reward – Motivation – Application of theories of motivation – Career management – Development of mentor – Protégé relationships.

UNIT-V

PERFORMANCE EVALUATION AND CONTROL PROCESS: Method of performance evaluation – Feedback – Industry practices. Promotion, Demotion, Transfer, and Separation – Implication of job change. The control process – Importance – Methods – Requirement of effective control systems grievances – Causes – Implications – Redressal methods.

MBA Human Resource Management Review Questions

• Explain the significance of HRM?
• Explain the concept of HRM?
• Define HRM?
• Explain the development of HRM?
• What is meant by the systems approach of HRM?
• What is the contingency approach?
• Explain the HRP process
• What is the HRM environment?
• What is People management?
• State the need for HRP
• What is meant by forecasting of HRP supply?
• What is the HR gap?

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FAQs on Human Resource Management MBA Books & Study Materials PDF Download

1. What is Human resource management, and its purposes?

Human Resource Management(HRM) is a management function involved with hiring, motivating, and maintaining a workforce in an organization. HRM graduates deal with problems associated with employees such as hiring, training, development, compensation, motivation, communication, and administration.

2. Which is the best book for human resources management?

The following are the 5 Best Books for Human Resources Management in MBA Course:

1. Luis R.Gomez-Mejia, David B.Balkin, Robert L Cardy. Managing Human Resources. PHI Learning. 2012
2. Bernadin, Human Resource Management, Tata Mcgraw Hill, 8th edition 2012.
3. Wayne Cascio, Managing Human Resource, McGraw Hill, 2007.
4. Ivancevich, Human Resource Management, McGraw Hill 2012.
5. Uday Kumar Haldar, Juthika Sarkar. Human Resource Management. Oxford. 2012

3. What is HRM Books?

It is the most important and essential study notes for HR managers when it comes to MBA students. Human Resource Management Notes can cover a practical and step-by-step description of the standards of HR. Some are outlined in five parts: Recruitment, placement & talent management, training & development, compensation, and employee relations.

About Human Resource Management

Human Resource Management(HRM) is one of the important subjects for MBA students. Human resource management, HRM, is the division of a business organization that cares for the hiring, management and terminating of staff. HRM centers around the capacity of individuals inside the business, guaranteeing best work practices are set up consistently.

Any enormous or moderate size business will have a human resource management department. At the point when there is a requirement for utilizing more staff, the HRM will source appropriate candidates. On the off chance that the business needs to cut back, the HRM will likewise direct the excess procedure for the undesirable staff. The HRM additionally oversees excursion time, sickness issues, loss leave and different days today staff issues without cause for the inclusion of senior management.

In the matter of a lawful question with an individual from staff, the HRM will assume control over the case. They will manage all parts of the contest and find for one of the gatherings included. Where staff is in rupture of their business contract the HRM will mediate and deal with an end if important.

The HRM department guarantees the smooth running of the staff inside a business. This enables the management to concentrate on the running of the business and not get occupied by interior columns including representatives.

Top 5 Human Resource Management Books

In this section, we are providing Human Resource Management(HRM) books, which are useful for you as a reference purpose.

• Human Resource Management book by
• Bernadin, Human Resource Management published by Tata Mcgraw Hill.
• HRM Textbook by Uday Kumar Haldar and Juthika Sarkar.
• Managing Human Resource authorized by Wayne Cascio and published by McGraw Hill
• Human Resource Management, Text and Cases by K. Aswathappa.

Human Resource Management Notes and books free Download

Check out this section, to download the Human Resource Management book free download for MBA Students. We also provided the HRM Notes for free in Pdf format.

Human Resource Management(HRM) Syllabus for MBA

CHAPTER -1

PERSPECTIVES IN HUMAN RESOURCE MANAGEMENT:

• Evolution of human resource management
• The importance of the human factor.
• Challenges.
• Inclusive growth and affirmative action.
• Role of a human resource manager.
• Human resource policies.
• Computer applications in human resource management.
• Human resource accounting and audit.

CHAPTER -2

THE CONCEPT OF BEST FIT EMPLOYEE

• Importance of Human Resource Planning.
• Forecasting human resource requirement.
• matching supply and demand.
• Internal and External sources.
• Recruitment.
• Selection.
• induction.
• Socialization benefits.

CHAPTER -3

TRAINING AND EXECUTIVE DEVELOPMENT:

• Types of training methods
• purpose.
• benefits.
• resistance.
• Executive development programmes.
• Common practices.
• Benefits.
• Self-development.
• Knowledge management.

CHAPTER -4

SUSTAINING EMPLOYEE INTEREST

• Compensation plan.
• Reward.
• Motivation.
• Application of theories of motivation.
• Career management.
• Development of a mentor.
• Protégé relationships.

CHAPTER -5

PERFORMANCE EVALUATION AND CONTROL PROCESS

• Method of performance evaluation.
• Feedback.
• Industry practices.
• Promotion, Demotion, Transfer, and Separation.
• The implication of job change.
• The control process.
• Importance.
• Methods.
• Requirement of effective control systems grievances.
• Causes.
• Implications.
• Redressal methods.

This is the full information about Human Resource Management (HRM) free books free download. I think, you also observed the Human Resource Management Notes Pdf free Download. If you have any doubts, related to Human Resource Management, please let us know. Corel draw 11 setup free download.