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WHY HUMAN RESOURCE MANAGEMENT IS IMPORTANT

T he human resources are the most important assets of an organization. The success or failure of an organization is largely dependent on the caliber of the people working therein. Without positive and creative contributions from people, organizations cannot progress and prosper. Strategic Management -  HRM can improve a company’s bottom line with its knowledge of how human capital affects organizational success. HR management is therefore factored into corporate decision making. Maintaining Compliance -  Human resources management is not only restricted to the qualitative side of the people processes, but it also plays the essential role of ensuring an organization complies with all employment laws designated in their location. Recruitment –  HRM is imperative in hiring employees who are in accordance with the organizations workforce needs and fit the workplace culture.   Attracting & Retaining Top Talent - It’s the HR department’s job to attract and retain the