People are essential to the success of any business.

The performance of

employees can be a liability or asset to a company. As an HR professional, you

will play a pivotal role in how successful your company is. Good Human

Resource Management (HRM) is essential for businesses of all sizes. In this

article, we will breakdown the fundamentals of Human Resource Management.

We will start with a brief description of HRM and HR. Then we will dive into the seven

HR basics you have to know to have a good understanding of what HR does. We will

end with some information on technical terms, such as HRIS (Human Resources

Information System).

What is Human Resource Management

What is a Human Resource?

The 7 HR Basics

1. Recruitment & selection

2. Performance management

3. Learning & development

4. Succession planning

5. Compensation and benefits

6. HR Information Systems

7. HR data and analytics

Conclusion

FAQ
What is Human Resource
Management?
Let’s start with a brief definition. Human Resource Management, or HRM, is the practice

of managing people to achieve better performance.

For example, if you hire people into a business, you are looking for people who fit the

company culture as they will be happier, stay longer, and be more productive than

people who won’t fit into the company culture.

Another example is engagement. Engaged employees are more productive, deliver

higher quality work and make customers happier. This means that if we can find ways to

make employees more engaged, we help the company.