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Human Capital Management (HCM)
What is Human Capital Management (HCM)
What is Human Capital Management (HCM)
HCM is a broader, more strategic approach than just core HR administration. It frames your employees as "human capital"—a crucial asset to be managed and optimized for business growth. An HCM suite often includes everything in an HRMS plus strategic tools for talent management, such as performance management, succession planning, and compensation strategy. It's the technology that supports the view of HR as a strategic partner, not just an administrative function.
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