The course HRMN300 is offered by the University Of Maryland Global Campus. The current course helps the students to understand the importance of human resources and simultaneously it also helps gain adequate knowledge regarding the different aspects of human resource management. Human resource management has a huge impact on an organization's success. As a result, human resource management has become a prominent field of study. Human resource management (HRM) is the process of effectively managing people in a company.
HR management aids in the alignment of employee performance with the organization's strategic goals. Furthermore, an effective HR management team can give businesses a competitive advantage. Every organization's success is determined by its human resource function. The HR department of a company is critical to its bottom line growth and the success of its business plan.
The essential nature of a firm lies in its people, and human resource management (HRM) is all about giving people direction. By taking the course the students also will learn about the different human behaviours which are essential for studying the management courses as well. Apart from that, the students will also learn about the different labour relations and the required laws for working in a diverse environment. HRM is the management of all people-related choices made within a company.
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It focuses on maximising the organization's human resources and improving employee performance in order to meet the organization's goals. HRM ensures that policies and processes are implemented consistently and effectively throughout the organisation. HRM exists to maintain a balance between employee requirements and satisfaction, as well as a company's profitability and capacity to achieve its goals. HRM gives the greatest services and processes to an organisation, resulting in increased profit and team cohesion.
HRM is often found in larger firms, and its major goal is to align company goals with the company's workforce. HRM, on the other hand, is a technique used to strive to make the best use of human resources, nurture individual development, and comply with government demands in practice. Apart from that, the students will also learn about the legal aspect of human resource management.
Human resources (HR) specialists are in charge of strategically managing personnel inside an organisation while adhering to rules governing employee rights and employer responsibilities. If a company breaks these complicated and ever-changing rules, it puts itself at risk of lawsuits, financial losses, and reputational harm. Because noncompliance can have such serious effects, there is a high demand for industry personnel who are familiar with HR rules and common workplace legal issues.
Because these professionals are frequently faced with on-the-spot judgments that might have serious legal ramifications, familiarity with basic HR-related regulations gives them the confidence to make these decisions or to know when to seek outside assistance. HR experts with legal skills also have a competitive advantage in the workplace since they may reduce a company's legal risk before it happens. They assist organisations in remaining compliant and avoiding frivolous claims while also preserving the rights of valued personnel by having a working knowledge of current legislation and their real-world implementations.
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As a part of the course the student will gather knowledge about the different legislation and laws associated with the equal employment opportunity. Equal Employment Opportunity (EEO) laws are among the most significant pieces of legislation for HR professionals to understand since they protect against discrimination based on age, disability, genetic information, national origin, race/colour, sex, pregnancy, or religion. Individual legislation that protects certain protected classes of people should be familiar to HR practitioners.
HRM's planning role guarantees that people and occupations are a good fit while avoiding manpower shortages or surpluses for the company. The HRP procedure is divided into four steps: Analyzing current human resource supply, projecting human resource need, balancing predicted human resource demand with supply, and connecting the first three phases to corporate goals.
HRM is responsible for designing, amending, publishing, and implementing organisational policies that ensure that all employees are treated fairly. This job entails storing, maintaining, and retrieving information about employees, such as employment history, work hours, and earnings history. One of the most important HRM tasks is advising top management on policy and procedure development. HRM's advisory job also includes advising upper management on personnel evaluations.
This role also includes providing guidance on how to maintain high-quality human relations and boost staff morale. The students will also learn about the financial aspect of the human resource management as it will enable them to understand about financial requirements of the employees. As a result, in addition to the traditional drivers of hiring the best talent, retaining the performing employees, and firing the laggards, cost calculations and profitability concerns are increasingly driving hiring, firing, retrenchment, downsizing, employment, and reward and recognition processes.
As a result, HR managers can no longer dispute with line managers and executives about people-related issues; instead, they must follow the cost-cutting and profit-driven imperatives. This means that hiring decisions are made based on how much an employee costs the company, whereas firing and retrenchment decisions are made based on how much money can be saved.
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Location- The course is available in international and domestic locations including Asia, Europe and Asia.
Study Level- The study is master’s level.
Unit Code- The unit code is HRMN300.
Level Learning- Masters in human resource management
Employment rules and regulations, diversity in a global economy, total rewards management, and training and development for organisational performance are among the topics covered by the student. HRMN300 assignment and learning outcome are based on a variety of assessments, including the introduction and purpose of human resource management, understanding and providing the student with proper credibility as a human resource manager, and providing the student with assessments that will aid in the management of labour laws.
Students are also given assessments that assist them in reading and analysing communication approaches, as well as grasping the notion of human resource management in business and conflict resolution.
The total weightage of the course is 3 credit points and the students will engage in different training and development processes.
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