Personnel Management, also known as human resource management (HRM), involves the planning, organizing, directing, and controlling of an organization's workforce. It encompasses activities such as recruitment, hiring, training, performance management, employee relations, and compensation and benefits administration.
The main functions of Personnel Management include:
While the terms Personnel Management and human resource management are often used interchangeably, human resource management (HRM) is considered a more modern and strategic approach. HRM focuses on aligning human resources with organizational goals and considers employees as valuable assets. Personnel Management, on the other hand, traditionally focused on administrative tasks and ensuring compliance with labor laws. HRM emphasizes a proactive and strategic approach to managing people.
Personnel Management plays a crucial role in organizational success by:
Some current trends in Personnel Management include: