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Human Resource Management. Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing work.
Difference between HRM and SHRM is that HRM is about managing the human resource within the organization and SHRM is about aligning the human resources with the strategic objectives of the organization.uman resource management (HRM)expresses about the ways of managing people in the organization who contribute to the achievements of its ultimate objectives.According to John Storey in 1989 HRM can be explained as a set of interrelated policies that can be used in managing people.