Abstract
The field of human resource management (HRM) has undergone significant changes due to ongoing globalization processes, IT technology developments, economic environment changes, organizational shifts, evolving perceptions of employees in the work environment, etc. As a result, new organizational landscape has required a new approach towards managing people, who became the most valued assets of a strategic potential. The aim of this article is to search for terminological clarity, and systematize the concepts within the HRM field, which is abundant with numerous terms referring to individuals in organizations. A random use of the HRM terms and regarding them as synonyms cause ambiguities. The author attempts to juxtapose these terms and suggest relevant terminological solutions that suit contemporary developments within the HRM field. To achieve the aim of the article, current scientific references regarding the field of people management were used, with special emphasis being placed on personnel management, human resource management, and human capital management.
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