Human Resource Management: Functions and Benefits (2023) - Shopify
Briefly

Human resource management (HRM) is a strategic approach to managing employees, involving recruitment, selection, training, development, and management to maximize organizational effectiveness.
HRM allows businesses to effectively manage their most critical asset—the workforce. It plays a pivotal role in talent acquisition, development, and employee retention.
HRM promotes employee engagement through effective performance management and compensation strategies, as well as ensuring legal compliance to reduce potential risks and liabilities.
HR roles exist to promote diversity and inclusion, which leads to employee satisfaction and smooth labor relations while helping individuals adapt to changes in company culture.
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