HRM
HRM
HRM
Human resource management (HRM or HR) is the strategic and coherent approach
to the effective and efficient management of people in a company or organization
such that they help their business gain a competitive advantage. It is designed to
maximize employee performance in service of an employer's strategic objectives.
Human resource management is primarily concerned with the management of
people within organizations, focusing on policies and systems. HR departments are
responsible for overseeing employee-benefits design, employee recruitment,
training and development, performance appraisal, and reward management, such as
managing pay and employee benefits systems.HR also concerns itself with
organizational change and industrial relations, or the balancing of organizational
practices with requirements arising from collective bargaining and governmental
laws.