Principles of Human Resource Management
Human Resource Management (HRM) is the set of activities reaching procuring, developing, maintaining, and utilizing a group of people for the proper functioning of organization activities and achieving goals. HRM is the function within an organization that focuses on recruitment of. management of, and providing direction for the people who work in the organization Human Resource Management can also be performed by line managers.
Principles of Human Resource Management
Principles are the fundamental truth established by research, investigation, and analysis. Principles guide managers in formulating policies, programmers, procedures, and practices. Some human resource principles are as follow –
The principle of scientific selection: Principles of scientific selection is to select the right person at the right time for the right job.
The principle of employee development: Principle of employee development is to offer full and equal opportunities to every employee to realize employees’ full potential.
The principle of labor-management cooperation: Principle of labor-management operation is to promote cordial industrial relations.
The principle of the free flow of communication: Principle of a free flow of communication is to keep all channels of communication open and encourage upward-downward horizontal, formal and informal communication.
The principle of fair remuneration: Principle of fair remuneration is to pay fair and equitable wages and salaries commiserating with jobs.
Principles of incentive: Principal of the incentive is to recognize reward good performance.
Principles of the dignity of labor: Principle of the dignity of labors is to treat every job and every job holder with dignity and respect.
The principle of participation: Principle of participation to associate employee representatives at every level of decision making.
The principle of contribution: Principle of contribution is to natural prosperity to provide a higher purpose of work to all employees and to contribute to national prosperity.
The principle of team spirit: Principle of team spirit is to promote cooperation and team spirit among employees. If these principles are followed, we hope the organization will do justice in performing all human resource activities.
