What is Human Capital Management?
Human capital management is a necessary set of practices and methods companies use to manage the employee life cycle. It helps streamline all tasks linked to acquiring, developing, and retaining your workforce. It involves candidate tracking, onboarding, benefits administration, payroll, time and attendance, training management, and more.

What is the Purpose of Human Capital Management?
The purpose of Human Capital Management is to optimize and enhance an organization’s human capital’s economic or business value to get a competitive edge. Effective human capital management empowers the company to pursue human capital initiatives triumphantly.

Read more - Importance of Human Capital Management