Human resource (HR) management

Definition

Human Resource Management is the strategic approach to effectively managing people in an organization, so they help the business gain a competitive advantage. It involves recruiting, hiring, training, and evaluating employees, along with handling employee-benefit programs.

Related terms

Recruitment: The process of finding and attracting capable applicants for employment.

Performance Management: A continuous process of identifying, measuring, and developing performance in organizations by linking each individual's performance and objectives to the organization's overall mission and goals.

Employee Relations: The efforts an organization makes to manage relationships between employers and employees, often aimed at preventing and resolving problems arising from work situations