How Core HRM Activities Add Value in the Different Sectors
Abstract
The Human Resource Management (HRM) activities is often expected to increase the value of an undertaking through the practice of recruitment, hiring, performance management, rewards, and training. Recruitment is attracting talents for the required vacant positions, performance management is the continuous process of evaluating employees' performance, rewards are the arrangement of compensation and benefits to employees, and training refers to the efforts within organizations to improve employees' performance through various methods. This essay will demonstrate and critically compare how these HRM activities are adopted with different approaches in the private, public, and third sectors and result in superior performance over time. Vroom's expectancy theory and some real-world examples will be cited to show their worth to all organizations.
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DOI: http://dx.doi.org/10.18686/mmf.v6i3.4658
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