What Are the Key Functions of Human Resource Management?
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- Published date: March 4, 2024
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- Delhi, New Delhi, Delhi, India [ Ad Id - 232367 | Ad Views - 11 ]
The key functions of Human Resource Management (HRM) encompass recruitment and selection, training and development, performance management, compensation and benefits, employee relations, and regulatory compliance. HRM serves as the strategic bridge between an organization and its workforce, ensuring alignment of employee skills and goals with organizational objectives. Through effective recruitment, HRM identifies and attracts top talent, while training and development programs nurture employee growth and competency. Performance management systems provide feedback and facilitate continuous improvement, while compensation and benefits schemes motivate and reward employees. Employee relations initiatives foster a positive workplace culture, while compliance efforts ensure adherence to legal and ethical standards, collectively contributing to organizational success.
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