Question

Discuss the six HRM practices from which companies can choose for implementing their strategy. Illustrate by specific examples.

Answer 1

Six practices of HRM are as :

1. Training and development.
2. Recruitment and onboarding.
3. Employee relations.
4. Compensation and benefits.
5. Risk management.
6. Corporate policy.

Step-by-step explanation:

• Recruitment and on boarding is the first strategy where the candidates are sourced and hired. Its is done to find the best talent for the job. Followed b the training and development to provide different approaches to candidates such as sexual harassment and cyber training.

• Compensation and benefits such as rocks of losing good talents and keeps the finger on the pulse of industry. Corporate policy done for internal communication's. Employee relation helps the workers deal with the situations.