Human resource management (HRM or HR)

Human resource management (HRM or HR) is the management of an organization's human resources or workforce. It's responsible for the selection, training, assessment, rewarding of employees & overseeing organizational leadership and culture.

HRM is considered "Art & Science". It is the art of managing people by recourse to creative and innovative approaches; it is a science as well because of the precision and rigorous application of theory that is required.

HR is a product of the human relations movement of the early 20th century, when researchers began documenting ways of creating business value through the strategic management of the workforce. The function was initially dominated by transactional work such as payroll and benefits administration, but due to globalization, company consolidation, technological advancement, and further research, HR now focuses on strategic initiatives like mergers and acquisitions, talent management, succession planning, industrial and labor relations, and diversity and inclusion.

This preface emphasizes the difference between Personnel Management and human resources management. Personnel management is essentially "workforce" centered whereas human resource management is "resource" centered. The key difference is HRM in recent times is about fulfilling management objectives of providing and deploying people and a greater emphasis on planning, monitoring and control.

Our team of HR experts can help you to achieve your objectives through your company's workforce.

•Talent Management

Talent management is now an essential management practice; what was once solely attached to recruitment now covers a multitude of areas.
Talent Management is also known as HCM (Human Capital Management). Talent Management is very important to source, attract, select, train, develop, retain, promote, and move employees through the organization effectively. Very few organizations in the Middle East that have complete & effective Talent Management Program. MSTC could help your organization in achieving that goal.
MSTC consultancy services include the following services that could be provided as part of the Talent Management Program or separately:

• Job Description
• Salary Benchmarking & Grading
• Competency Gap Analysis
• Training Needs Assessment
• Design and Develop Customised Training Programs
• Auditing Existing Training Practices and Policies, Costs, Results, ROI for Training … etc.
• Performance Appraisal Management
• Career Development Planning