Final answer:
HRM is integral for effective recruitment and fostering employee development, aiming to create a diverse and skilled workforce while providing growth opportunities and a positive work environment.
Step-by-step explanation:
The two main purposes of human resource management (HRM) are to ensure the effective recruitment and retention of personnel and to foster a positive work environment that encourages employee development. Firstly, HRM plays a critical role in the hiring process, which includes advertising open positions, vetting resumes, and conducting interviews to select the best candidates. For instance, the human resources (HR) manager oversees the recruitment process to fill company vacancies, ensuring a diverse and capable workforce. Secondly, HRM is responsible for employee development through training programs, performance appraisals, and career progression opportunities, thereby enhancing employee satisfaction and retaining talented staff. This includes developing Equal Opportunity Programs and establishing Security Management & Safeguards to create a safe and equitable workplace. By professionalizing HR functions, there is also a significant reduction in biases, such as those seen in the Canadian study where Asian applicants faced discrimination.