Human Resource Management

Abstract

We approach the study of human resource management (HRM) in a realistic, practical, interesting, and stimulating manner. We focus on showing how HRM is practiced in the real world. Throughout the book, you will see examples of how organizations practice HRM. In explaining a concept, we often quote human resources (HR) professionals, yet all HR discussion is based on sound theoretical concepts and practice. Throughout this book, the strategic role of HR is apparent in the discussion of each major HRM function. In addition, we show how HR topics are related to other HR topics. For instance, a firm that emphasizes recruiting top-quality candidates but neglects to provide satisfactory compensation is wasting time, effort, and money. A firm’s compensation system will be inadequate unless employees are provided a safe and healthy work environment. If a firm’s compensation system pays below-market wages, the firm will always be hiring and training new employees only to see the best leave for a competitor’s higher wages. This interrelationship will become more obvious as these topics are addressed throughout the book. These interrelationships are also shown to be important as organizations work within the global environment.