Business Ethics and Corporate Governance, Second Edition

DIFFERENT ASPECTS OF HUMAN RESOURCE MANAGEMENT

The various aspects of human resource management are as follows:

1. Attempts to forecast organizational demand and labour force supply of potential employees.
2. Recruitment: The aim of recruitment practices is to identify a suitable pool of applicants quickly, cost-effectively, and legally. Selection involves assessing and choosing the best among job-related candidates. To be effective, the selection processes must be both legal and technically sound, accurately matching people’s skills with available positions.
3. Training and development practices are designed to improve organizational performance by enhancing the knowledge and skill levels of employees. A firm must first determine its training needs ...