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