Human Resources Management (HRM)/Strategic Plan

Human Resources Management (HRM)/Strategic Plan Paper details: This is a strategic plan for the 1st quarter: Avail Budget - $1,300,000.00 Practices/Initiatives: 1-Selection - 60,000$ 2-Performance Appraisals - 75,000$ 3-Work-Life Balance - 70,000$ 4-Training - 75,000$ 5-Talent Management - 60,000$ 6-Compensation - 55,000$ - Which particular choices will you make in each area? - Do they allow you to meet your budget goals while also maximizing your KPIs & BRs? - Why you think that particular initiative is a good use of your money? - In few sentences explain why the initiative in general is so important. Write the answers for all the 4 questions for each practice individually.

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