Business Practice -HRM

Human resources management comprises several processes. Together they are supposed to achieve the above mentioned goal. These processes can be performed in an HR department, but some tasks can also be outsourced or performed by line-managers or other departments.

• Workforce planning
  
• Recruitment (sometimes separated into attraction and selection)
  
• Induction and Orientation
  
• Skills management
  
• Training and development
  
• Personnel administration
  
• Compensation in wage or salary
  
• Time management
  
• Travel management (sometimes assigned to accounting rather than HRM)
  
• Payroll (sometimes assigned to accounting rather than HRM)
  
• Employee benefits administration
  
• Personnel cost planning
  
• Performance appraisal

we will talk on each of the above process of human resources management in coming posts.

ref: agentswebworld, insurance software, insurance crm, wikipedia