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Human capital management: How to improve employee engagement

Business Management Daily

Human capital management (HCM) is a term that’s been rising in popularity within the technology and everyday HR spaces. Narrowing down exactly what it means can be confusing, as, at first glance, it may seem like a fancy word for human resource management. What is human capital management?

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HRIS vs HRMS vs HCM: What’s the Difference and Which Do You Need?

EmployeeConnect

Additional features may include: Performance management Learning & development ( L& D) Onboarding workflows Employee self- service portals Time and labour tracking Think of HRMS as HRIS with added human capital engagement features great for businesses that want more control over the employee lifecycle.

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Human capital vs human resources: What’s the difference?

HiBob

However, each concept approaches people management from a different perspective and focuses on separate tasks and goals. Human capital vs human resources Human capital management takes a strategic and financially based approach to hiring and developing the workforce. What is human capital?

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HR Guide: How to Choose the Right People Management Software

Rise

A robust people management tool serves as the nexus, catering to the diverse needs of individual employees while fostering cohesion among teams. By providing a centralized platform , it becomes the source of truth for human capital management, ensuring alignment with organizational objectives.

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10 Best HRIS Systems for Midsize Companies in 2025

HR Lineup

Key Features Centralized employee database with custom fields Time-off tracking and approval workflows Integrated applicant tracking system (ATS) Customizable reports and dashboards Employee self-service portal and mobile app Best For Midsize businesses seeking an easy-to-use, people-first HRIS with strong hiring and onboarding tools.

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Minimizing turnover risk for today’s workforce: 4 key priorities

HRExecutive

When used alongside involuntary turnover, this measure helps an organization assess its overall turnover rate , the health of its workforce and its approach to human capital management more broadly. When onboarding feels disorganized or doesnt cover all aspects of the job, its easy for employees to feel disengaged.

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HRIS vs. HRMS vs. HCM

HiBob

The terms human resources information system (HRIS), human resources management system (HRMS) , and human capital management (HCM) have many similarities. An HRMS enhances the basic functions of an HRIS by incorporating advanced management and analytics capabilities.