5 Key Functions of Human Resource Management (HRM) | Essential HR Practices

Human Resource (HR) Management is the process of hiring and developing employees so that they become more valuable to the organization. In this video, we explore the five key functions that should be a part of effective human resource management. Timestamps: 0:00 - Introduction 1:20 - Function 1: Hiring 3:40 - Function 2: Talent Development 6:10 - Function 3: Compensation 8:30 - Function 4: Safety 10:50 - Function 5: Labor Relations 13:00 - Conclusion 🔗 Useful Links: For more innovative learning, visit Potential: https://www.potential.com/?utm_source=yt Subscribe to our channel for more videos: ‪@PotentialCom‬ #HR #HumanResources #HumanResourceManagement