What Is Human Capital Management (HCM)? | HR Glossary | BambooHR
The strategic approach to recruiting, managing and developing people to maximise their value.
Human capital management is the set of strategies, processes and technologies an organisation uses to recruit, manage, develop and optimise its workforce as a strategic asset.
HCM goes beyond administrative HR to connect people practices with business goals, covering the full employee lifecycle from hire to development and retention.
Modern HCM relies on integrated software that unites data across HR, payroll, performance and talent so leaders can make informed people decisions.
