HRM

Human Resource Management System

Human resource management is the strategic approach to the effective 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 objective

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What are the five core specialties of HR?

Core functions of the HR department commonly include employee recruitment, scheduling, payroll, benefits administration, internal relations, employee training, compliance and safety. Core HR is sometimes used to mean these basic HR responsibilities in human capital management (HCM).

What are the pillars of HR?

Human resource management is a central pillar of many organizations. In short, human resource activities fall under the following five core functions: staffing, development, compensation, safety and health, and employee and labor relations.

  • Strategic Management.
  • Workforce Planning and Employment (recruitment and selection).
  • Human Resource Development (training & development).
  • Total Rewards (compensation & benefits).
  • Policy Formulation.
  • Employee and Labor Relations.
  • Risk Management.

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