Define Human Resource Management (HRM). Explain at least three basic Principles of HRM?

Define Human Resource Management (HRM). Explain at least three basic Principles of HRM?

ہیومن ریسورس مینجمنٹ کی وضاحت کریں۔ ہیومن ریسورس مینجمنٹ کے کم از کم تین بنیادی اصولوں کی وضاحت کریں؟
Explanation

Write short answers of the following questions in English Language. (3 Marks)

Q: Define Human Resource Management (HRM). Explain at least three basic Principles of HRM?

Ans:

Human Resource Management (HRM) is the strategic approach to managing an organization's most valuable assets – its employees. It involves recruitment, training, performance evaluation, and ensuring employee well-being.

Three basic principles of HRM:

  1. Employee Development: Fostering employee growth through training and continuous learning.
  2. Fair Compensation: Ensuring equitable pay and benefits based on performance and market standards.
  3. Employee Relations: Maintaining positive relationships and open communication between management and staff.