HRMantra
- Become our partner
Channel Partner Plans
- Company
What is Human Capital Management (HCM)? Definition & Guide | HRMantra
What is Human Capital Management (HCM)? Definition & Guide | HRMantra
Duration: 1 minute
Human capital management is the management of those employees wherein from recruiting, managing, developing, and improving aspects of an employee are looked after. The employees are seen as assets, and to manage these assets well, HCM became a catalyst tool.
HCM can be subcategorized into three categories:
- Acquisition: It involves staff recruitment, onboarding, payroll management, Employee Self-Service (ESS), etc.
- Workforce Management: It entails performance management, competency management, reporting and analytics, employee engagement.
- Workforce Optimization: It includes training and learning, benefits, reimbursement.
Popular Terms
#
4DX - Meaning and Significance - HRMantra HR Software
#
What Is the Meaning Of 9 Box Model & Its Importance
A
What Is the Meaning Of Absenteeism policy & Its Importance
A
What is the Meaning of Accrued Leave & Its Importance
A
Ad Hoc - What Is The Meaning Of Ad Hoc And Its Importance | HRMantra Hr Software
A
Defamation - Meaning of Defamation and its Importance | HRMantra Hr Software
HRMantra gives you 10 times ROI as it costs just 3-minute average salary of all your employees and saves 30 min per emp per day
Book a demo
Know More About HRMantra Features
© 1996 - 2024 HRMantra Software Pvt. Ltd.
