What is HR Management
Human Resource (HR) Management, often referred to as HRM, is the strategic approach to managing an organization's workforce. It involves coordinating, administrating, and managing various human resources functions within an organization to optimize employee performance and well-being and contribute to the overall achievement of organizational goals.
Functions of HR Management
Human Resource (HR) Management involves a variety of functions that collectively contribute to managing an organization's workforce effectively. The functions of HR Management can be categorized as follows:
- Talent Acquisition
- Talent Management
- Recruitment and Selection
- Training and Development
- Performance Management
- Compensation and Benefits
- Workforce Management
- Succession Planning
- Employee Relations
- Legal Compliance