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Human Resources Management (HRM) is an integral part of almost all massive organizations. It's a department that looks into the recruitment, welfare, schooling and interactment of workers in accordance with the corporate policies. In other words one can safely state that human capital management is the organizational perform that offers with varied topics associated to folks in a company akin 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 various activities which are part of human capital management function and these activities encompass the complete 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 include disciplining, engaging, hiring, evaluating, and scheduling employees.  
  
Human resource management staff or department in a corporation help the group with all activities associated to staffing and sustaining an efficient and agile workforce. Some of the most essential HRM responsibilities embrace training and development, group-building, job analysis, recruiting, performance management and appraisal, compensation, worker health and safety points, as well as figuring out or growing critical strategies for selecting staff. Human capital Department provides the tools, data and processes that are used by Line Managers of their human capital management component of their job.  
  
The function of HR department in an organization isn't limited to hiring and managing a large work force however research has shown that progressive and highly effective Human capital Management Practices have a significant impact on corporate bottom-line and center-line performance. Researchers have documented the positive impact of good HR practices on productivity; product and repair quality; monetary performance; and cost control. Researchers have documented the positive impact of good HR practices on productivity; product and repair quality; financial performance; and price control.  
  
Those that consider Human Resources department as cost centre overlook the vital role performed by HR department in human capital management. Managing a gifted work force, keeping it gainfully employed and engaged is an efficient way in guaranteeing quality output from employees of an organization. Besides, human resources management provides competitive advantage to an organization. It refers back to the ability of an organization to formulate strategies that place it at favorable position relative to other companies in the industry.  
  
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