UBS

Human Resource Management

What is a Human Resource Management?

Human resource management or HRM is a vital organizational function, which handles a host of challenges related to the people in the company.

HRM comprises of the following routine operations:

  • Payroll
  • Hiring 
  • Performance management 
  • Organizational Growth 
  • Security & Wellness 
  • Benefits 
  • Employee Engagement 
  • Communication & Collaboration 
  • Policy management
  • Training  

All the HRM processes mentioned above not just ensure smooth management of people but also build a good workplace culture.

If properly executed, human resource management can empower employees to contribute effectively and efficiently to the success of the organization.

Human resource management has changed over the years. Of late, it has been adding value to the strategic direction of companies.

HR managers are typically responsible for this process. However, ensuring effective human resource management is challenging and time-consuming with traditional tools. This is certainly the reason why more and more companies are now automating HRM processes with the use of modern HR technologies.

Also, See: HR Software

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