This document discusses human resource management (HRM). It defines HRM as the strategic management of people in an organization to help gain a competitive advantage. The key functions of HRM include planning, organizing, staffing, and developing employees. HRM aims to maximize both employee and organizational effectiveness from recruitment through retirement. Objectives of HRM are to help the organization achieve its goals, ensure effective use of human resources, and satisfy individual employee needs while aligning them with organizational objectives. The core processes of HRM involve human resource planning, employee remuneration and benefits, and performance management.