Which function ensures that personnel are given appropriate compensation for their efforts?

The function that ensures personnel are given appropriate compensation for their efforts is indeed focused on compensation. This function is fundamentally concerned with evaluating and determining the right pay structures, salary scales, bonuses, and other forms of financial rewards that employees receive in exchange for their work. Proper compensation practices not only help attract and retain talent but also contribute to employee satisfaction and motivation.

Compensation management involves a thorough analysis of market rates, internal pay equity, and the organization’s budgetary constraints, which helps ensure that employees are fairly compensated relative to their roles and contributions. By assessing and adjusting compensation strategies, human resource professionals help maintain a motivated workforce, which is crucial for the overall success of the organization.

The other functions, while important, are not primarily about compensation. For instance, procurement of personnel refers to the recruitment and selection process, maintaining good industrial relations deals with the dynamics between employers and employees, and personnel planning and evaluation focuses on workforce planning and assessing performance. While all these functions play roles in the broader HR management strategy, the function explicitly dedicated to addressing compensation is the one focused on ensuring that personnel receive appropriate rewards for their efforts.