Question 1 (Marks: 25) Human Resources is an important component of every company's management structure. It enlightens

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Question 1 Marks 25 Human Resources Is An Important Component Of Every Company S Management Structure It Enlightens 1 (285.33 KiB) Viewed 114 times

Question 1 (Marks: 25) Human Resources is an important component of every company's management structure. It enlightens the corporation with its understanding of how human capital influences organizational performance. It aids in the development of a realistic pay structure for determining firm salaries and rates based on competitors with equal or higher talents. HR may assist a firm in reducing costs by examining the costs and advantages connected with yearly turnover, counteraction, and hiring replacement staff. Human resources is responsible for ensuring a secure working environment. Managing any risks that may arise for the personnel involved in the process. It also aids in the onboarding of new employees. As an employee relations specialist, HR may successfully assist in improving performance and happiness by fostering a strong employee-to- employee relationship. Source: Sikder, T. (2022). Top HR Trends and Some Major Challenges Of 2022. https://wperp.com/18038/top-hr-trends/ (Accessed: 09 March 2022) In a detailed essay, discuss how these issues, trends, and challenges in international HRM could impact a South African HR manager. Refer to the above extract.