Employee Management | MCQs

Explanation

Write short answers of the following questions in English Language. (3 Marks)

Q: Define Human Resource Management (HRM). Explain at least three basic Principles of HRM?

Ans:

Human Resource Management (HRM) is the strategic approach to managing an organization's most valuable assets – its employees. It involves recruitment, training, performance evaluation, and ensuring employee well-being.

Three basic principles of HRM:

1. Employee Development: Fostering employee growth through training and continuous learning.
2. Fair Compensation: Ensuring equitable pay and benefits based on performance and market standards.
3. Employee Relations: Maintaining positive relationships and open communication between management and staff.