HUMAN RESOURCE MANAGEMENT
Human Resource Management (HRM) is a strategic approach to effectively managing people within an organization. It focuses on recruiting, developing, and retaining the workforce to achieve both organizational goals and employee satisfaction.
In simple terms, HRM is about managing everything related to the people in a company — from hiring the right talent to ensuring their continuous growth and well-being.
Core Functions of Human Resource Management
1. Recruitment & Onboarding
- Identifying staffing needs
- Posting job vacancies
- Conducting interviews
- Selecting and onboarding new employees
2. Employee Records Management
- Maintaining detailed employee profiles
- Tracking employment history, performance, and personal information
3. Payroll & Compensation
- Managing salary structures
- Processing payroll
- Handling bonuses, increments, and benefits
4. Attendance & Leave Management
- Tracking employee attendance
- Managing leaves and holiday records
5. Performance Management
- Setting performance goals
- Conducting appraisals
- Managing promotions and career development
6. Training & Development
- Identifying training needs
- Organizing skill development programs
- Tracking employee progress
7. Compliance & Policy Management
- Ensuring compliance with labor laws and regulations
- Managing company policies and employee handbooks
8. Employee Engagement & Well-being
- Promoting a positive work culture
- Conducting surveys and feedback
- Organizing wellness programs
Benefits of Using HRM in Projex ERP
Streamlines all HR operations in one platform Improves employee experience and engagement Helps maintain legal compliance effortlessly Saves time and reduces paperwork
Provides valuable insights through analytics and reports
In short, the Human Resource Management module in Projex ERP helps businesses effectively manage their workforce, making HR processes more organized, efficient, and people-focused.