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April 27, 20260 citationsOpen Access

Importance of Human Resource Management in Small & Medium Enterprises

APAnjali PrajapatiNSNeetu Singh

Key Points

  • The aim is to highlight the critical role of Human Resource Management in the effectiveness of Small and Medium Enterprises.
  • Examines the functions and challenges of HRM in SMEs
  • Outlines how effective HR practices enhance productivity and employee satisfaction
  • Discusses strategic values associated with HRM in small business contexts
  • HRM practices improve employee engagement and satisfaction
  • Effective recruitment and training reduce turnover rates
  • Strong organizational culture contributes to overall SME productivity

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.

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Cite This Study

Prajapati et al. (2026) studied this question.

synapsesocial.com/papers/69eefd9bfede9185760d45aehttps://doi.org/10.82471/kfp3x-3ne86
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