Human resource management (HRM)

Human resource management (HRM) is the process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them. As a field, HRM has undergone many changes over the last twenty years, giving it an even more important role in today’s organizations.

Benefits of HRM

• Human Resource Management
• Disadvantages
• Costly setup
• Recent origin
• Unpredictability
• Improper development programmes
• Insufficient information