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.

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Open-book Management

What is Open-book Management?   ‘Open-book Management’ refers to the business practice of sharing financial information with the employees in order to get their input

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