SESSION TEN
HUMAN RESOURCE
MANAGEMENT
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• This is concerned with managing the human
assets or resources of the business or
organization.
• The aim is to ensure that organizational jobs
are filled with the right people all the time.
Right people refers to people who can give
the best performance.
• A highly qualified and experienced person
may not perform well if the person lacks
motivation. Human resource management
therefore involves the following functions:
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Human resource planning and analysis
Job analysis and description
Job prescription
Recruitment and selection
Training and development
Compensation and benefits
Staff welfare
Discipline
Promotions and demotions
Transfers
Retirement and firing
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