Vol. 3, Issue 5, Part L (2017)

Abstract
In this paper we discuss about the challenges faced by HR departments in the present scenario. Human resource management (HRM) is a term used to describe formal systems designed to manage people within an organization. Human resource management (HRM) is designed to govern organization operations to maximize employee performance to meet the employer's strategic goals and objectives. HRM focuses on managing people with organizations, with an emphasis on policies and systems. Human resources manager responsibilities fall into these major areas: staffing, employee compensation and benefits, and defining/designing the task. Essentially, HRM aims to maximize the productivity of an organization by optimizing the effectiveness of its employees. Human resource management (HRM) is a term used to describe formal systems designed to manage people within an organization. Despite the ever-increasing pace of change in the business world, this mandate is unlikely to change in any fundamental way. HR departments will face challenges in the coming few years in the coming scenario. Human resources departments consider organizations as an employee's "valuable asset". Hence the employees focus completely on the work which results in full utilization of resources in minimum cost and maximum profit in less time in production. Human resource management may be a challenge for small size organization where human resource department does not exist.