Question: What functions does Human Resource Management (HRM) encompass?
📝 Answer: HRM functions include:
- Recruitment and Selection:
- 🤝 Question: What is the initial step in HRM?
- 📝 Answer: Recruitment and selection involve identifying job vacancies, attracting candidates, and selecting the most suitable individuals to fill those positions.
- Training and Development:
- 🎓 Question: How does HRM ensure employee growth?
- 📝 Answer: Training and development programs are designed to enhance employees’ skills, knowledge, and abilities, enabling them to perform their jobs effectively and grow within the organization.
- Performance Management:
- 📊 Question: How does HRM evaluate employee performance?
- 📝 Answer: Performance management involves setting clear expectations, providing feedback, and assessing employee performance to ensure alignment with organizational goals.
- Compensation and Benefits:
- 💰 Question: What motivates employees within HRM?
- 📝 Answer: Compensation and benefits packages are designed to attract, retain, and motivate employees by offering competitive salaries, incentives, and rewards.
- Employee Relations:
- 🤝 Question: How does HRM maintain positive relationships with employees?
- 📝 Answer: Employee relations focus on fostering a positive work environment, resolving conflicts, and promoting open communication between management and staff.
- Human Resource Planning:
- 📈 Question: What is the long-term goal of HRM?
- 📝 Answer: Human resource planning involves forecasting future workforce needs, identifying talent gaps, and developing strategies to ensure the organization has the right people in the right roles at the right time.
In summary, the key functions of HRM include recruitment and selection, training and development, performance management, compensation and benefits, employee relations, and human resource planning.
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