Which of the following is the purpose of industrial relations in HRM?

The purpose of industrial relations in Human Resource Management (HRM) centers on fostering positive labor relations. This involves managing the relationship between employers and employees, including negotiations over wages, working conditions, and the resolution of disputes. Industrial relations aim to create a harmonious workplace where both parties can collaborate effectively to achieve common goals.

When industrial relations are strong, organizations can benefit from improved employee morale, increased productivity, and a more stable work environment. This area of HRM focuses on communication, negotiations, and conflict resolution, ensuring that the interests of both management and employees are considered and balanced, which ultimately contributes to organizational success.

The other options focus on different aspects of HRM. Enhancing employee capabilities relates to training and development, while managing payroll records and conducting performance evaluations pertain to administrative functions. While these elements are essential to overall HR management, they do not specifically encapsulate the broader role of industrial relations, which is primarily concerned with the interactions and agreements between labor and management.