strategic human resource management

What Are the Key Components of SHRM?

1. Workforce Planning: Identifying current and future human resource needs to achieve business goals.
2. Talent Management: Attracting, developing, and retaining talented employees.
3. Performance Management: Setting performance standards and evaluating employee performance against these standards.
4. Learning and Development: Providing opportunities for employees to acquire new skills and advance their careers.
5. Compensation and Benefits: Designing competitive and fair compensation structures to motivate employees.
6. Employee Relations: Ensuring healthy communication between employees and management, and resolving conflicts effectively.

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