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Learn about the history, theory, and practice of human resource management (HRM), the strategic and coherent approach to the effective and efficient management of people in an organization. Explore the roles, functions, and challenges of HR professionals and the impact of HRM on business performance and competitive advantage.
A human resource management system (HRMS) is a software that combines various HR functions, such as payroll, benefits, recruitment, and performance management. Learn about the history, functions, and features of HRMS and how it differs from ERP and HCM systems.
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. HR department performs human resource management, overseeing various aspects of employment, such as hiring, evaluating, compensating, and developing employees.
Learn about the process and stages of strategic human resource planning, which identifies current and future human resources needs for an organization. The three key elements of the HR planning process are forecasting labour demand, analysing present labour supply, and balancing projected labour demand and supply.
The function, in terms of the employers benefit, is to create a management system to achieve long-term goals and plans. The management allows companies to study, target, and execute long-term employment goals. For any company to have an efficient ability to grow and advance human resource management is a key.
Learn about the guidelines and principles that an organization adopts to manage its people. Find out the purposes, processes, and types of HR policies, and how they relate to human resource management functions.
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