Human
Resource Management (HRM)
It is the function within an organization that focuses on
recruitment selection, development and utilization of human skills of
management and providing direction for the people who work in the organization.
HRM is the organizational function that deals with issues related to people
such as compensation, hiring, performance management, organizational
development, safety, wellness, benefits, employees motivations, communication,
administration and training.
HRM functions includes a variety of activities and key among
them is deciding what staffing need you have and whether to use independent
contractors or hiring employees to fill these needs, recruiting and training
the best employees ensuring they are high performers, dealing with performance
issue and ensuring your personnel and management practices confirm to various
regulation.
HRM is an open system. It consists of input, processing,
output and feedback components.
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