Importance of HRM

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1. HR planning, also known as manpower planning.

2. Personnel recruitment, selection, and placement are all part of the employment function.

3. Employee development and training to ensure efficient performance and growth.

4. The Performance Appraisal Function evaluates employee performance.

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5. It Provides financial and non-financial incentives.

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6. Employees are provided with social security and welfare benefits.

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