Society for Human Resource Management (SHRM)

What is Society for Human Resource Management (SHRM)?

 

The ‘Society for Human Resource Management’ is a society dedicated to human resource management which acts like a worldwide organization to innovate the field of human resources as well as mandate healthy practices.

 

They define themselves as an organization striving to create better workplaces where the employee and the employer thrive together. With over 3 lakh members coming together from 165 countries, SHRM impacts the lives of more than 115 million staff members all over the world.

 

The SHRM was founded in 1948 as the ‘American Society for Personnel Administration (ASPA). In 1984, the headquarters was established in Alexandria, Virginia and the name was changed to SHRM in 1989.

More HR Terms

Deferred Compensation

What is Deferred Compensation?   ‘Deferred Compensation’ is the compensation deferred to the next financial year to save taxes on the salary. Generally, employees request

Configurability

What is Configurability?   ‘Configurability’ refers to the fact of being able to configure or customize as per one’s will. Concerning HR software, configurability is

Self-Funded (Self-Insured) Plan

What is a Self-Funded (Self-Insured) Plan?   ‘Self-Funded Plan’ or ‘Self-Insured Plan’ refers to a kind of medical insurance plan in which the employer pays

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’