Human Resource Management Practices Of Reliance Organized Retail Stores

1046 Words Sep 21st, 2016 5 Pages
SYNOPSIS
OF
HUMAN RESOURCE MANAGEMENT PRACTICES IN RELIANCE ORGANIZED RETAIL STORES - WITH REFERENCE TO BANGALORE CITY
INTRODUCTION
Human Resource Management (HRM) is the organizational function that deals with issues relating to people such as compensation, hiring, performance management, safety, benefits, employees’ motivation, communication, administration and training. HRM is a strategic and comprehensive approach of managing people at workplace. Its role in the company’s success is growing rapidly with the growth in many sectors in the present globalized era. The HRM practices are crucial in designing the structure for manpower staffing, performance appraisal, compensation and training and development. Innovative HRM practices can play a crucial role in changing the attitude of the employees. The HRM practices in the service sector especially in the area of retailing have found significant importance in the present scenario. The retailing is one of the service sectors where the need of qualitative human resource is highly expected
Human resource management (HRM) practices are most effective when matched with strategic goals of organizations. HRM’s role in the company’s success is growing rapidly with the growth in many sectors in the present globalized era. HRM is a vital function in organizations and becoming more important than ever. The HRM practices are crucial in designing the structure for man power, staffing, performance appraisal, compensation, and training and…

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