What is the main objective of the Human Resource Management (HRM) function?

The main objective of the Human Resource Management (HRM) function is to manage recruitment and employee relations. This involves a range of responsibilities focused on attracting, selecting, and onboarding new employees, as well as fostering a positive work environment for current employees. HRM is critical in ensuring that the organization has the right talent in place to achieve its strategic objectives while also maintaining a healthy workplace culture. This includes developing policies for employee engagement, performance management, and conflict resolution, which are essential to retaining talent and enhancing overall workforce effectiveness.

In contrast, overseeing company finances is typically the responsibility of the finance department, while developing new products and services is part of the responsibilities of product management or research and development. Creating marketing strategies is usually a function of the marketing department. Therefore, HRM's focus on human capital—through recruitment and maintaining positive employee relations—distinguishes it as a vital contributor to an organization's success.