Human capital management (HCM)

Definition

Human capital management refers to the strategic approach to utilize the people in an organization to achieve the organizations goals and objectives. It manifests itself in every element of the employee life cycle, organizational policies and procedures and effectively focuses on enhancing workforce value to gain competitive advantage. PxidaTX can help HR professionals develop more effective Human capital management strategies by clearly defining and monitoring performance on what is important to employees at every part of the employee life cycle and how this varies by team or location in a more detailed and useful way than any other software tool.