Human Resource Management in the 5.0 Era

Abstract

The book chapter focuses on human Resource management with Industry 5.0, emphasizing the latest technologies, analytics, and various human-centric methods. In the rapidly developing era, HRM must embrace leveraging the latest technologies to foster creativity, innovation, and employee mental well-being. The chapter focuses on the relevance of Human Resource Management in Industry 5.0, emphasizing the benefits of Industry 5.0 compared to Industry 4.0. The role of HRM in the era of 5.0 and its implications. It emphasizes how AI can be leveraged to transform HR processes and functions in the era of Industry 5.0. It enhances employee experience and engagement in the 5.0 Era. AI-based recruitment and onboarding, the ethicality of using technology in HRM, the use cases of the companies leveraging technology in their HR processes, and the challenges they generally face and their solutions.