For most, human resources management (HRM) is better known within the context of private institutions. HRM generally involves proper procurement, evaluation, recruitment, and training of job candidates or applicants. In addition to this, the HR Department is tasked to administer and oversee benefit programs and manage employees. This is seen every day in most private companies and is an integral part of any company’s survival and, most especially, its success. This is how private organizations are able to find, improve and maintain one of their most valuable resources – human resources – or what is also called human capital. Through the application of different methods and techniques for increased employee growth, effectiveness, and retention, many companies within the private sector have flourished.