Part of: Miscellaneous Indian Gk set 356

What is the main purpose of human resource management?

Category: Miscellaneous Indian Gk

Hint: Consider the strategic role of HR in organizational success.

Correct Answer: A) To ensure people employed by organization are being used as efficiently possible for achieving company goals.

Exam Relevance: UPSC, SSC, Banking Exams, MBA Entrance

Difficulty: Easy

Explanations:

Human Resource Management (HRM) is a critical function within an organization that focuses on managing the workforce to achieve the company's strategic goals. The main purpose of HRM is to ensure that the employees are utilized as efficiently as possible to achieve the company's objectives. This involves a range of activities and processes designed to attract, develop, and retain employees who can contribute to the organization's success.

HRM encompasses several key functions, including recruitment and selection, training and development, performance management, compensation and benefits, employee relations, and compliance with labor laws. Each of these functions plays a role in ensuring that the workforce is aligned with the organization's goals and is working efficiently.

Recruitment and selection involve identifying and attracting potential employees who have the skills and competencies required to meet the organization's needs. Training and development focus on enhancing the skills and knowledge of employees to improve their performance and contribute to the organization's goals. Performance management involves setting goals, providing feedback, and evaluating employee performance to ensure that employees are meeting the organization's expectations.

Compensation and benefits are designed to attract and retain employees by providing fair and competitive rewards for their contributions. Employee relations involve managing the relationships between employees and the organization to ensure a positive and productive work environment. Compliance with labor laws ensures that the organization adheres to legal requirements and maintains a fair and ethical workplace.

While HRM involves various functions such as paying wages, approving leave, and other administrative tasks, these are not the main purpose of HRM. The primary role of HRM is to manage the workforce strategically to achieve the organization's goals. Therefore, the correct answer is Option A, which states that the main purpose of human resource management is to ensure that the employees are utilized as efficiently as possible to achieve the company's goals.

Option Analysis:
  • Option A: This option is correct. The main purpose of human resource management is to ensure that the employees are utilized as efficiently as possible to achieve the company's goals. This involves strategic planning, recruitment, training, and performance management.
  • Option B: This option is incorrect. Paying wages is a function of HR, but it is not the main purpose. The primary role of HRM is to manage the workforce to achieve organizational goals.
  • Option C: This option is incorrect. Building the nation is a broader societal goal and not the specific purpose of HRM within an organization. HRM focuses on the internal management of employees to achieve organizational objectives.
  • Option D: This option is incorrect. Approving leave is a part of HR functions, but it is not the main purpose. The primary role of HRM is to manage the workforce to achieve organizational goals.

Mnemonic: HRM: Hire, Retain, Motivate

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