The Indian Institute of Personnel management has specified the scope of HRM as under:
1. Personnel aspects: concerning with manpower planning, recruitment, selection, placement, transfer, promotion, training and development, lay-offs and retrenchments, remuneration, incentives, productivity, etc
2. Welfare aspects: concerns with working conditions and amenities, such as canteens, water coolers, rest and lunch rooms, creche, housing, transport, health and safety, medical assistance, recreation facilities, etc
3. Industrial Relations aspects: concerns union – management relations, joint consultations, collective bargaining, grievance and disciplinary procedures, settlement of disputes etc.
HRM is a broad concept. Personnel management (PM), and Human Resource Development (HRD), are a part of HRM.
1. HRD: A planned way of developing individual employees, groups and the total organisation to achieve organisational goals, in an atmosphere of mutual trust and co-operation. HRD is concer