HCM (Human Capital Management)
Human Capital Management (HCM) refers to the practices, processes, and systems used by organizations to recruit, manage, develop, and optimize the workforce. It encompasses a broad range of human resources (HR) functions, including talent acquisition, employee development, performance management, compensation, benefits administration, and workforce planning. HCM focuses on aligning human resources with business goals, ensuring that employees are skilled, engaged, and effectively contributing to the organization’s success. HCM is often supported by software platforms designed to manage HR tasks, track employee performance, and analyze workforce data.
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