Human Resource Management (HRM)

is the strategic approach to managing an organization's people. It involves attracting, developing, motivating, and retaining employees to achieve organizational goals.

Key functions of HRM include:

• Recruitment and Selection: Identifying and hiring the right people for the right jobs.
• Training and Development: Providing employees with the skills and knowledge they need to succeed.
• Performance Management: Setting goals, evaluating performance, and providing feedback.
• Compensation and Benefits: Designing and administering pay and benefits packages.
• Employee Relations: Building positive relationships with employees and resolving workplace issues.
• Legal Compliance: Ensuring compliance with labor laws and regulations.

By effectively managing these areas, HRM helps organizations improve productivity, boost employee morale, and achieve their business objectives.