explain the significance of human resources. (20-30 words)
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Answer:
BUSINESS BUSINESS ESSENTIALS
Human Resources (HR)
By WILL KENTON
Reviewed By JULIUS MANSA
Updated Jul 28, 2020
What Is Human Resources (HR)?
Human resources (HR) is the division of a business that is charged with finding, screening, recruiting, and training job applicants, as well as administering employee-benefit programs. HR plays a key role in helping companies deal with a fast-changing business environment and a greater demand for quality employees in the 21st century.
KEY TAKEAWAYS
1)Human resources (HR) is the division of a business that is charged with finding, screening, recruiting, and training job applicants, and administering employee-benefit programs.
2)Additional human resources responsibilities include compensation and benefits, recruitment, firing, and keeping up to date with any laws that may affect the company and its employees.
3)Many companies have moved away from traditional in-house human resources (HR) administrative duties and outsourced tasks like payroll and benefits to outside vendors.
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