List the components of human capital management systems

What will be an ideal response?


Human capital management (HCM) encompasses all the activities and information systems that support effective management of an organization's human capital. The HCM information system includes a growing suite of applications with the employee record as the central element. Together, these applications support recruitment, hiring, payroll, benefits, taxes, career development, training programs, employment histories, employee self-service, and more. The components of human capital management systems include workforce management applications, talent management applications, service delivery applications, and core human resources management application.

Business

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Business