What is the primary role of Human Resource Management?

The primary role of Human Resource Management (HRM) is to manage an organization's workforce. This encompasses a wide range of functions that are essential for ensuring that employees are effectively recruited, developed, and maintained within the organization. HRM focuses on attracting talent, managing employee performance, facilitating training and development, and ensuring compliance with labor laws and regulations.

By managing the workforce, HRM plays a crucial part in aligning the human capital of an organization with its goals and objectives. This involves developing policies and procedures that promote a positive work environment, enhancing employee engagement, and supporting organizational culture. HRM also addresses issues related to employee relations, benefits administration, and performance management, all of which are critical to maintaining a productive and satisfied workforce.

In contrast, overseeing financial transactions, enhancing customer satisfaction, and developing marketing strategies represent functions specific to other departments like finance, customer service, and marketing, respectively. While these functions are important for an organization's overall success, they do not fall under the primary focus of Human Resource Management.