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Human Resource Management

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An area of knowledge and practice aimed at timely provision of human resources and optimal employment of human resources. Typically HRM-systems support the following functionality modules:

  • Compiling paysheets;
  • Controlling working hours and the type of work performed;
  • Managing the perks system (medical insurance, social security contributions, participation in company’s profit sharing, options for the company shares);
  • Human resource management as such (information about age, family status, place of residence, qualifications, participation in the projects, training).

Human resource management systems are often integrated into large-scale systems for enterprise resource planning (ERP), where they supplement the modules of financial planning and capacity requirements planning (CRP).

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