RECENT TRENDS IN HUMAN RESOURCE MANAGEMENT

Abstract

Human resource management is the process of managing the manpower in the organisation. It is procedure for coordinating the human resources and organisational goals. Any organisations success is based on his effective human resources. The principal of Human resource management is to set the organisational goal and to bring people together in the organisation. With the technological development and economic, social and psychological change the structure of the human resource management also changed. The traditional approach of human resource management has been changed to modern trends as previously the HR Manager was only concentrated towards recruitment but today human resource management has larger approach as planner as well as change agent. Modern trends of Human resource management recommend more results from human resources in organisation by making the HR function more strategic and efficient. The purpose of this chapter is to highlight the development of HRM and identify recent trends and challenges of human resource management.