Quote: "Human resource management (HRM or HR) is the strategic and coherent approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage."
The management of employees and workforce organization.
Job Analysis: The process of examining and analyzing the job duties, skills, and requirements necessary for successfully performing a job.
Recruitment and Selection: The process of attracting and hiring the best-qualified candidates for a job opening.
Training and Development: The process of providing employees with the skills and knowledge necessary to perform their job duties effectively.
Compensation and Benefits: The process of determining the appropriate salary, wages, benefits, and other incentives employees will receive in exchange for their work.
Employee Relations: The process of managing the relationship between employees and the company, including conflict resolution, employee motivation, and communication.
Performance Management: The process of setting employee performance goals, assessing progress towards those goals, providing feedback and coaching, and addressing areas of improvement.
HR Information Systems: The use of technology to manage HR functions including payroll, benefits administration, and employee data management.
Legal Compliance: The process of ensuring that HR policies and practices comply with federal and state laws, regulations, and guidelines.
Diversity and Inclusion: The process of promoting an inclusive workplace that values and supports employees of all backgrounds and identities.
Employee Engagement: The process of fostering a positive work environment and culture in which employees are motivated and committed to their work.
Quote: "HR departments are responsible for overseeing employee-benefits design, employee recruitment, training and development, performance appraisal, and reward management."
Quote: "The overall purpose of human resources (HR) is to ensure that the organization is able to achieve success through people."
Quote: "They can specialize in finding, recruiting, selecting, training, and developing employees, as well as maintaining employee relations or benefits."
Quote: "Training and development professionals ensure that employees are trained and have continuous development."
Quote: "Employee relations deals with the concerns of employees when policies are broken, such as cases involving harassment or discrimination."
Quote: "Managing employee benefits includes developing compensation structures, parental leave programs, discounts, and other benefits for employees."
Quote: "These HR professionals could work in all areas or be labour relations representatives working with unionized employees."
Quote: "HR as of 2015 focuses on strategic initiatives like mergers and acquisitions, talent management, succession planning, industrial and labor relations, and diversity and inclusion."
Quote: "In the current global work environment, most companies focus on lowering employee turnover and on retaining the talent and knowledge held by their workforce."
Quote: "New hiring not only entails a high cost but also increases the risk of a new employee not being able to adequately replace the position of the previous employee."
Quote: "HR departments strive to offer benefits that will appeal to workers, thus reducing the risk of losing employee commitment and psychological ownership."
Quote: "It was initially dominated by transactional work, such as payroll and benefits administration."
Quote: "Due to globalization, company consolidation, technological advances, and further research, HR as of 2015 focuses on strategic initiatives."
Quote: "Researchers began documenting ways of creating business value through the strategic management of the workforce."
Quote: "HR as of 2015 focuses on strategic initiatives like mergers and acquisitions."
Quote: "HR as of 2015 focuses on strategic initiatives like talent management."
Quote: "HR as of 2015 focuses on strategic initiatives like diversity and inclusion."
Quote: "HR departments are responsible for overseeing performance appraisals."
Quote: "HRM...is designed to maximize employee performance in service of an employer's strategic objectives."