Prepared by: Ivana Ivanova
The development of the HR according to circular economy principles is an important precondition for a sustainable and competitive economy. A circular human resources management (HRM) can plan a durable and sustainable design and maintenance of skills in the firm, in contrast with the current linear model of hiring, maintaining, overloading and dismissing. It aims at supporting the transition of European SMEs from a traditional, linear HRM model, to a circular HRM model.