HRM got its own value in every organization. Now a days organization's managements believe that at the human resources are meant for economic development of the organization. Also the prevailing perception is that the most important resources within the organization are human resources and optimization of human resources will result greater benefits to the organization. Some of the distinct features of human resources are as follows.
1. HR Management in organization: This explains the major responsibilities of human resources in professional organizations. Also it depicts the growth of HR as a profession.
2. Planning and Selection of HR: It emphasis the procedures involved in the recruitment processes in an organization.
3. Training Programmes for Employee Growth and Development: It gives various training programmes required for different levels of employees in the organization.
4. Appraisal System: It indicates the employee performance appraisal system which includes various techniques used for assessing the employee performance for intensive programmes.
5. Compensation Management: This deals with the salary negotiations. The other things involved in this are wage labor and job evaluation.
6. Promotion of motivation and morale: This aspect deals with the improvement techniques implemented to promote motivation and morale of the employees in the organization.
7. Disciplinary Procedures: It explains the disciplinary procedures implemented in organization and principles underlined to maintain disciplinary action within the organization
8. Principles of Groups: It focuses on rules of groups and group dynamics. Also it deals with types of groups and group formations required for the organization.
9. Activity of Leading: It gives the clear distinction between a manager and leader. A person who brings changes in the system is a leader. Leadership and its qualities are the most important factors in an organization.
10. Grievance procedure: Here it is dealing with the grievance handling procedures and various reasons that arises for grievances.
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