Human Resource Management (HRM) is the calculated and principled method of managing an organization's most valuable assets. They are responsible for the people who work and ensure the role is fulfilled for the goals and objectives of the organization. What is human resources management (HRM)? HRM is always about leadership, finance and management. Personnel costs typically represent 70 to 80 percent of most organizations' budgets. By managing human resources effectively and efficiently, you will know that your employees are satisfied and motivated, ready to perform their tasks to the best of their abilities. Effective human resource management should help employees find interesting work and try to provide them with job satisfaction. It can also help an organization improve its performance and increase its success. The responsibilities that encompass human resource management include a multitude of diverse activities, including determining who to hire and where to find quality employees, recruiting and training the best candidates. Other important aspects that must be carefully monitored are the performance of all employees and compliance with rules of practice. Managing the approach to benefits and compensation, employee records and personnel policies is also part of HRM activities. The efficiency of any business or organization falls under the powers of HRM. The decision to hire, number of employees and level of productivity is one of the most important tasks of any HRM. There are critical issues related to overstaffing and understaffing. Understaffing can lead to significant losses in revenue, scale and speculation, customers and profits. At the other end o...... middle of paper ......y. Human resource management does this by advising senior management on the principles and objectives of the evaluation system and its specific design for the organization and environment. The development of the system includes consultations with all managers, supervisors and staff representatives. Once the system is in place and the objectives are set, it is necessary that all managers and supervisors are properly trained to carry out evaluations. Not only are procedures and principles sought, but people skills are also required. Basically, an assessment program is a formalization of what is done more informally anyway. Most managers approve of merit payment and this also requires an evaluation. Having become a standard routine task, it promotes the development of talents, warns off ineffective or indifferent people and can be an effective form of motivation..