Literature Review:
This research deals with different topics with in human resource management. Literature review of any research evaluates the different kinds of information and research already available in different kind of sources. Literature works as a base for any quantitative research methodology that is it gives support to the research outcomes. It also helps the researcher to gain good knowledge about the topic which eventually helps him or her in their thesis building. Here there is different kind of literature regarding HR, HR administration, Outsourcing and how these terms relate to each other.
Literature regarding Human resource management:
Susan stated HR management as “Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human Resource Management can also be performed by line managers”.
Susan also stated that Human resource management is the firms activities which mainly related to the employees such as Recruiting, training, personal development, performance management, administration activities, compensation and welfare of staff etc.
Human resources are very important strategic asset for any organization in today’s world. Managing and maintaining these valuable resources can key for the organizations success .So companies are spending so much money on the HR administration. The main activities of HR management including
1. Maintaining and organization of human resources.
2. Recruitment and staffing.
3. Maintaining HR systems.
4. Conducting personal development programs for staff which enhance the skills of the staff.
5. Take care of employee welfare programs.
6. Analysis and monitoring organizations progress.