What is the main focus of Human Resource Management (HRM)?
A. Managing external assets of the organization
B. Delegating financial tasks pertaining to the organisation
C. Managing and developing people in an organisation
D. Organising material resources for workmen
Answer (2)
The main focus of Human Resource Management (HRM) is managing and developing people within an organization. This includes recruitment, training, performance management, and maintaining positive employee relations. The correct option is C.
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The main focus of Human Resource Management (HRM) is option (C) Managing and developing people in an organisation.
Human Resource Management is a crucial function within any organization that deals with the recruitment, management, and development of employees. Its primary goal is to ensure that the company effectively utilizes its human resources to achieve its strategic objectives while also providing a satisfying and supportive work environment for employees.
Here's a step-by-step overview of what HRM involves:
Recruitment and Selection : HRM identifies the need for new employees, sources potential candidates, conducts interviews, and selects the best candidates for the roles within the organization.
Training and Development : HRM is responsible for setting up training programs and workshops to help employees develop new skills and grow professionally.
Performance Management : This involves setting performance standards, conducting appraisals, and providing feedback to help employees meet their career goals and align with the organization's goals.
Compensation and Benefits : HRM develops compensation structures that ensure fair and competitive pay and benefits packages for employees to maintain morale and satisfaction.
Labor Relations : HRM acts as a mediator between the organization and labor unions and ensures compliance with labor laws and regulations.
Employee Engagement and Retention : HRM develops strategies to maintain high levels of employee engagement and to retain talented staff, reducing turnover rates.
Health and Safety : Ensures the workplace is compliant with health and safety laws and creates programs to maintain a safe work environment.
By focusing on managing and developing people, HRM aims to optimize the performance and well-being of the workforce, contributing to the overall success of the organization.
