Workforce Management VS Human Capital Management (HCM) – What’s The Difference?

Publisher: Movo

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Workforce Management VS Human Capital Management (HCM) – What’s The Difference?

Workforce management encompasses various activities, processes, and tools that, when used together, aim to help increase an organization’s efficiency. It might sound complicated, but it essentially involves effectively managing a company’s human resources. This includes forecasting labor demand, creating appropriate work schedules, tracking attendance, and managing leaves – all in compliance with laws and regulations. Learn more about what is workforce management (WFM).