HRM objectives are broadly classified into four categories.
A growing organization needs specialized people in every department to help in the productivity and growth of a business. Human resource management is a contemporary, umbrella term used to describe the management and development of employees in an organization.
The need for the HR department arose when concepts such as motivation, organizational behavior, selection assessments, etc. began to take shape. Human resource management involves developing and administering programs that are designed to increase the effectiveness of an organization or business. The human resource gives a helping hand in areas that are not related to direct sales and marketing of the organization products. In a nutshell, human resource management involves overseeing all things related to managing an organization’s human capital.
3. Societal Objectives
HRM should follow the rules and laws or legal restrictions imposed by society. It has to develop and maintain healthy relations between union and management. It is the responsibility of Human Resource to ensure that legal, ethical, and social-environmental issues are suitably dealt with.
Contribute to minimization of socio-economic evils such as unemployment problems, in equal distribution of income and wealth, more employment opportunities for women etc. Aim in creating healthy work relations in the organization and to work towards corporate social responsibility (CSR) involving employees to contribute to the cause.