In your own words define the practice of human resource mana

In your own words, define the practice of human resource management (HRM). Then, describe and analyze the seven categories of human resource functions. What are some of the common challenges faced by human resource managers? How can HRM technology solutions help human resource managers meet these challenges?

Solution

Human Resource Management (HRM) is a process of managing people in organisation in a structured way. This covers many fields like hiring, payroll, performance management, retention of employees etc. In other words, HRM is a process through which the management builds its workforce.

Human Resource Functions:

Challenges faced by HR Managers:

HRM Technology:

HRM Technology can be any technology that is used in hiring, retaining and optimising HR work. This technology can be used by different stakeholders in HRIS. It is useful for: