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Business and economics portal. v. t. e. Human resource management (HRM) 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. It is designed to maximize employee performance in service of an employer's strategic ...
Industrial relations or employment relations is the multidisciplinary academic field that studies the employment relationship; [ 1] that is, the complex interrelations between employers and employees, labor/trade unions, employer organizations, and the state . The newer name, "Employment Relations" is increasingly taking precedence because ...
Employee relationship management. Employee Relationship Management (ERM)[ 1] is the practice of maintaining desired employee-employer relationships. It is a part of Human Resource Management. The main goal of ERM is to build and maintain positive connections among employees to ensure smooth business operations.
Trade. Business and economics portal. v. t. e. Human resources ( HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. [ 1][ 2] A narrower concept is human capital, the knowledge and skills which the individuals command. [ 3] Similar terms include manpower, labor, labor-power, or personnel .
Human resource planning is a process that identifies current and future human resources needs for an organization to achieve its goals. Human resource planning should serve as a link between human resource management and the overall strategic plan of an organization. Ageing workers population in most western countries and growing demands for ...
Human resource policies are continuing guidelines on the approach of which an organization intends to adopt in managing its people. [1] They represent specific guidelines to HR managers on various matters concerning employment and state the intent of the organization on different aspects of Human Resource management such as recruitment, promotion, compensation, [2] training, selections etc. [3 ...
Human resource management (unitarism): employment is a long-term partnership of employees and employers with common interests; Pluralist industrial relations: employment is a bargained exchange between stakeholders with some common and some competing economic interests and unequal bargaining power due to imperfect labor markets [44]
An "engaged employee" is defined as one who is fully absorbed by and enthusiastic about their work and so takes positive action to further the organization's reputation and interests. An engaged employee has a positive attitude towards the organization and its values. [ 1] In contrast, a disengaged employee may range from someone doing the bare ...
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