The core of every company is its people, and Human Resources Management (HRM) is the key to handling all the complexities of human relations, compensation, conflict resolution, and much more. Strategies and tactics are needed to effectively manage the human resource potential that drives all companies to profitability and success. This book guides readers through the challenges and provides tools to address those challenges. It provides an understanding of areas including: 1) The concept of HRM 2) Performance management strategies 3) Legal and regulatory compliance 4) Organizational development 5) Conflict management 6) Payroll and compensation 7) Information technology in HRM 8) Health and safety 9) Personnel development Human Resource Management Essentials is part of the Self-Learning Management Series focused on working professionals. The series addresses every aspect of business from HR to finance, marketing, and operations. Each book includes fundamentals, important concepts, and well-known principles, as well as practical applications of the subject matter.