What is 'Human Resource Management'
Human Resource Management (HRM) is the term used to define prescribed structures developed for the management of people within an organization. The responsibilities of a human resource manager fall into 3 main parts: staffing, employee compensation and benefits, and defining/designing work. Basically, the purpose of HRM is to maximize the productivity of an organization by optimizing the effectiveness of its workers.
There are different sources of recruitment which are classified under two main categories;Internal Sources: All the sources of recruitment within the company or organization.External Sources: All the sources of recruitment outside the company or organization. Internal Sources of RecruitmentInternal sources of recruitm...read more
Effective human resource management (HRM) ensures that organizations can work efficiently and that employees are able to work in a safe atmosphere. According to the Human Resource Excellence website, HRM is important because it is used to recruit people, train them, implement performance appraisals, ensure workplace...read more