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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.
Differences between Human Resource Management (HRM) and Human Resource Development (HRD) 1. HRM is a subset of the entire management processes of an organization. HRD is a subset of HRM. 2. Scope of HRM is wider. Scope of HRD as compared to HRM is narrower. 3. HRM manages and develops the human elements of an organization in its entirety on longer term basis.