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Human Resource Management (HRM) is the strategic approach to effectively managing people in an organization to help the business gain a competitive advantage. It encompasses recruiting, developing, and retaining talent while aligning workforce goals with organizational objectives.
Here’s a detailed breakdown of HRM and its core components:
🧩 What Is Human Resource Management?
Human Resource Management (HRM) refers to the systematic process of managing employees within an organization. It includes everything from hiring and onboarding to training, performance evaluation, compensation, and employee relations. The goal is to maximize employee performance in service of an employer’s strategic objectives.
🛠️ Core Functions of HRM
Aligning HR strategies with business goals