Human Resource Management: Functions and Benefits (2023)
From intellectual property to inventory to marketing, business owners have many assets to manage. Yet, no asset is more important than the workers who make a business function. Managing employees and helping them thrive comes under the purview of a human resources individual or team, and the processes involved in hiring, training and retaining these employees are known collectively as human resource management. What is human resource management (HRM)? Human resource management (HRM) is a strategic approach to managing employees.…