What is the importance of studying human resource management

What is the importance of studying human resource management?

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1
Someone has to do the hiring, the payroll, salary review, the company's social contribution and develop (or contract a HRD firm to develop) training program for employees. With sound understandng of of HRM and occupational psychology, you will be able to develop policies and practises that improve employees' morale, retain good employees and create competitive teams for your company.


2
Human resource management is responsible for the following functions in organizations: HR planning for alignment and change Job analysis and competency modeling Recruiting and retaining qualified employees Selecting employees to fit the job and the organization Training and developing a competitive workforce Developing an approach to total compensation Measuring performance and providing feedback Using performance-based pay to enhance motivation Providing benefits and services Promoting workplace safety and health Unionization and collective bargaining In order to carry out those activities it is important that we study HRM..