HR Terminology Human Capital Management

Complygate has put together a complete list of key HR terms, phrases, acronyms and jargon to assist HR professionals in navigating the extensive, ever-growing HR terminology. We would like to encourage you to read, share and make use of this terminology collection. If you have any suggestions of terms or keywords we have missed, please contact us and we will include them in our next update.

Please enjoy reading!

shape
shape
shape
shape
shape
shape
shape
shape

What is Human Capital Management?

Human Capital Management (HCM) is a set of practices and standards employed by an organization to guide and manage its employees to increase their value and output towards the organization.

The reasons for the widespread prevailing practices of Human Capital Management globally are that an organization’s workforce is its greatest resource and therefore, investing in the workforce automatically multiplies an organization’s output.

The objective of an effective Human Capital Management initiative is:


  • To hire the right and proper talent
  • To ensure that all essential and required skillsets are available within the organization
  • To ensure effective management of the workforce
  • To increase and ensure high productivity

HCM includes the various practices and norms which are related to the management, development and operations of the various aspects of an organization’s workforce. HCM initiatives are aimed at maximizing the economic values of the human capital leading to a competitive advantage for the organization. Having an effective human capital management initiative ensures that the organization is capable of successfully pursuing workforce initiatives.

document verification

Document Verification

Fully automated. No Human-in-the-loop.

Learn more
1 Platform 8 checks

1 Platform - 13 Checks

Innovative Platform For Employment Vetting

Learn More
Skilled Worker Mock Audit

Skilled Worker: Mock Audit

Immigration compliance and right to work checks

Learn More

Use Complygate to increase confidence in decision making.

Learn more

Blog

Check our blog for latest industry news and update about new releases.

Complygate is the best HR software for SMEs.

image
12 May 2022

What Do You Know About SMCR

SMCR is aimed at those who hold positions that require regulatory authorisation. It sets rules that govern critical personnel behaviour and accountability.

Read More
image
10 May 2022

Complying with Global Sanctions for International Business a

Sanctions are considered highly for international companies. Disobeying or participating in any conduct intended to avoid it, is a serious criminal offence.

Read More
image
05 May 2022

What is Baseline Personnel Security Standard (BPSS) | BPSS C

Obtain BPSS clearance after a BPSS check. BPSS screening is a background check to make sure that a person is free from the risk of any illegal activities.

Read More