Study of scops and feature of Human resource management
Keywords:
Human, resourceAbstract
It is the process of hiring, training, paying, setting rules for, and devising strategies for retaining employees as part of HRM. Throughout the previous twenty years, HRM has seen a number of changes, making it an even more critical component of today's enterprises. Previously, human resources management (HRM) was more of an administrative role than a strategic one that was critical to the success of the organisation. HRM now encompasses a wide range of activities, including payroll, birthday gifts for employees, organising company outings, and making sure forms are filled out correctly. Ex-GE CEO and management expert Jack Welch sets up the new function of human resources management in a succinct manner: "Leave behind the celebrations, birthdays, and registration papers.... It's crucial to remember that "HR is defined in bad times."
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