1. Workforce Planning
HRM focuses on anticipating the organization’s current and future staffing needs. This includes recruitment, selection, and workforce allocation to meet business goals effectively.
2. Talent Acquisition and Retention
Attracting, hiring, and retaining the best talent is a core HR function. Effective recruitment strategies and employee retention plans ensure a competitive edge. HR Course in Pune
3. Training and Development
HRM emphasizes continuous learning through training programs, workshops, and skill development initiatives to enhance employee competencies and career growth.
4. Employee Welfare and Relations
HR ensures employee well-being by addressing their physical, mental, and financial health needs, fostering a positive work environment, and managing conflicts effectively.
5. Performance Management
Implementing appraisal systems and providing constructive feedback are essential HR tasks to ensure employees align with organizational objectives and deliver optimal performance.
6. Compliance and Legal Framework
HRM oversees adherence to labor laws, workplace regulations, and company policies, ensuring ethical practices and avoiding legal disputes.
7. Compensation and Benefits Management
Designing competitive salary structures, bonuses, and benefit programs helps in motivating employees and maintaining equity in pay systems. HR Training in Pune
8. Strategic Partnering
Modern HR goes beyond traditional roles to align workforce strategies with business objectives, enabling organizational growth and innovation.