Article 08 : Balancing Soft HRM and Hard HRM that Impacts Talent Management Practices within an organization.
In the modernized business world, talent management has become an essential focus for organizations to recruit top talented employees and develop their talents furthermore. Therefore, modernized Human Resource Management practices plays a vital role following two approaches – Soft HRM and Hard HRM. Managing employees by balancing the mentioned HRM approaches, organizations can thrive for success because they are able to retain a talented workforce. What is Soft HRM? Soft HRM practices are more concerning from the human perspective. Therefore, employees are considered as assets to the company and leaders who follow this practice are motivating their subordinates well. This approach helps organizations to retain their existing employees, and the employee turnover could be maintained at a lower level. As previously mentioned, organizations who follow this approach would help employees to develop their career path by providing cont...