People management is important is crucial for organization as it responsible for overseeing and optimizing the human resource within an organization, ensuring that employees are effectively utilized, motivated, and engaged. When employees are skilled and highly motivated then there is increased performance and productivity. The components of people management include : 1. Recruitment and selection - This involves identifying and hiring the most suitable person for the most suitable job. 2. Training and development : This component focuses on improving employees skill and competencies through training programs and professional development. 3. Performance management : It involves setting performance goals, providing regular feedbacks , conducting performance solving issues. 4. Compensation and rewards : This includes designing fair and competitive compensation package , recognition programs , and reward system to motivate employees.
In reply to SHAYAAN AHMAD .
Re: why people management is important and its key components
I completely agree with your points about the significance of people management in organizations.