What is the relationship between human resource management and human resource development?
In this regard, what is difference between human resource management and human resource development?
Human Resource Management relates to the application of principles of management to manage the people working in the organization. Human Resource Development means a continual development function that intends to improve the performance of people working in the organization. To enhance the performance of the employees.
Secondly, which is better HRM or HRD? The aim of HRM is to improve the efficiency of employees, whereas HRD aims for overall development of employees and organization. 4. HRM gives monetary incentives or rewards to keep the employees motivated in an organization, whereas HRD emphasizes on motivating by encouraging employees to achieve their personal goals.
Similarly, you may ask, what is human resource management and development?
Human resource development is the integrated use of training, organization, and career development efforts to improve individual, group, and organizational effectiveness. HRD develops the key competencies that enable individuals in organizations to perform current and future jobs through planned learning activities.
Why is human resource management important?
Human Resource Management deals with issues related to compensation, performance management, organisation development, safety, wellness, benefits, employee motivation, training and others. HRM plays a strategic role in managing people and the workplace culture and environment.