ENTREPRENEURSHIP

Detailed explanation-1: -Welfare aspect: It deals with working conditions and amenities such as canteens, creches, rest and lunch rooms, housing, transport, medical assistance, education, health and safety, recreation facilities, etc.

Detailed explanation-2: -The health, Wealth, and prosperity of employees are all the responsibility of HR. Building a healthy work environment and motivating the employees at each step also comes under the scope of human resource management. This includes non-monetary amenities like medical, canteen, or other recreational areas.

Detailed explanation-3: -An Overview: Scope of Human Resource Management This includes recruiting, hiring, and onboarding new employees. HRM also oversees employee relations, benefits, and payroll. In recent years, the scope of HRM has expanded to include strategic planning, talent management, and employee development.

Detailed explanation-4: -HRM in Personnel Management: This is typically direct manpower management that involves manpower planning, hiring (recruitment and selection), training and development, induction and orientation, transfer, promotion, compensation, layoff and retrenchment, employee productivity.