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Importance of Human Resource Management in Small & Medium Enterprises

Year: 2026
Type: article
Abstract: Human Resource Management (HRM) plays a crucial role in the success and sustainability of Small and Medium Enterprises (SMEs). This assignment discusses the importance, functions, challenges, and strategic value of HRM in SMEs. Section 1.1: HRM helps in recruitment, training, employee engagement, performance management, and maintaining organizational culture. SMEs benefit from effective HR practices by improving productivity, reducing turnover, and enhancing employee satisfaction.
Source: mVedra
Language: English
Open Access status: green
OpenAlex ID: W7155630463
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