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Human Resources Management (HRM) is an integral part of almost all giant organizations. It's a department that looks into the recruitment, welfare, education and interactment of employees in accordance with the corporate policies. In different words one can safely state that human capital management is the organizational perform that deals with varied topics associated to individuals in an organization comparable to performance management, hiring, wellness, compensation, organization development, safety, benefits, worker motivation, communication, administration, and training.

Here are few key activities of performed by a Human Resources Management Department in a company:

- Organizational Design

- Performance Management and Appraisal

- Staffing

- Reward Systems, Benefits and Compliance

- Employee and Organizational Development

There are numerous activities which might be part of human capital management function and these activities encompass the whole organizational set up. As you could note in numerous organizations 'Line Managers', spend a considerable period of time to manage a number of human resource activities, which embrace disciplining, engaging, hiring, evaluating, and scheduling employees.

Human resource management group or department in an organization help the group with all activities related to staffing and sustaining an efficient and agile workforce. Some of the most vital HRM responsibilities include training and development, group-building, job evaluation, recruiting, performance management and appraisal, compensation, worker health and safety points, as well as identifying or developing critical methods for choosing staff. Human capital Department provides the tools, data and processes which might be utilized by Line Managers in their human capital management part of their job.

The operate of HR department in an organization is not limited to hiring and managing a large work force however research has shown that progressive and highly effective Human capital Management Practices have a serious impact on corporate bottom-line and middle-line performance. Researchers have documented the positive impact of fine HR practices on productivity; product and service quality; monetary performance; and value control. Researchers have documented the positive impact of good HR practices on productivity; product and service quality; monetary performance; and cost control.

Those who consider Human Resources department as cost centre overlook the vital function played by HR department in human capital management. Managing a proficient work force, keeping it gainfully employed and engaged is an efficient way in ensuring quality output from staff of an organization. Besides, human resources management provides competitive advantage to an organization. It refers to the ability of an organization to formulate strategies that place it at favorable position relative to different corporations in the industry.

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