Human resources management (HRM) is the strategic and coherent approach to managing an organisation's most precious asset: the people who work there and who contribute individually and collectively to the achievement of the company's objectives.[1] The terms "human resource management" and "human resources" (HR) have largely replaced the term "people management" as a description of the processes involved in managing people in organizations.[1] Human resource management is evolving rapidly. Human resource management is both an academic theory and a business practice that addresses the theoretical and practical techniques of workforce management. Its characteristics include: Personnel administration Personnel management Labor management Industrial management [2] [3] But these traditional expressions are becoming less common for the theoretical discipline. Industrial relations and labor relations are also sometimes confused as synonyms,[4] although these normally refer to the relationship between management and workers and the behavior of workers in companies. The theoretical discipline is mainly based on the assumption that employees are individuals with different characteristics, objectives and needs and as such should not be considered basic company resources, such as trucks and filing cabinets. The industry takes a positive view of workers, assuming that virtually everyone wants to contribute productively to the business and that the main obstacles to their efforts are lack of knowledge, insufficient training and process failures. Human resource management is seen by industry professionals as a more innovative take on workplace management than the traditional approach. His techniques force the managers of a company to ex...... middle of paper ......plastic, but to sell an idea they are simplified, and often lead the Management as a whole to fall into the trap to oversimplify the report. Human resource management includes several processes. Together they should achieve the above-mentioned goal. These processes may be performed in an HR department, but some tasks may also be outsourced or performed by line managers or other departments. Workforce planning Recruitment (sometimes separated into attraction and selection) Induction and orientation Skills management Training and development Personnel administration Compensation in salary or salaryTime managementTravel management (sometimes assigned to accounting rather than human resources management) Payroll (sometimes assigned to accounting rather than human resource management) Employee benefits administration Personnel cost planning Performance appraisal