First of all, People management is vital for organizations as it ensures that employees are effectively recruited, trained, motivated, and supported to maximize their potential and drive organizational success. Key components include recruitment, training, performance management, employee relations, compensation, engagement, diversity, legal compliance, and succession planning.
Secondly, the key components of people management include recruitment and selection, onboarding and orientation, training and development, performance management, employee relations, compensation and benefits, employee engagement, and diversity and inclusion. These components collectively ensure that organizations attract, develop, and retain talent while fostering a positive and inclusive workplace culture.