HRM plays a crucial role in managing the organization's most valuable asset, its people, and aligning human resources with the strategic goals and objectives of the organization. Compensation and Benefits: Developing and managing compensation structures, salary, wages, incentives, and benefits packages to attract and retain talent. Employee Relations: Handling employee grievances, conflicts, and ensuring a positive work environment conducive to productivity and morale. Compliance: Ensuring adherence to labor laws, regulations, and organizational policies to maintain legal and ethical standards in HR practices. Talent Management: Identifying high-potential employees, succession planning, career development, and talent retention strategies.