what do you mean by word human resources
Answers
Human resource is a resource which comprise of us. We use our skill, technology and our intelligence to develop other kinds of resources.
Answer:
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Human resources or HR is the company department charged with finding, screening, recruiting, and training job applicants, and administering employee-benefit programs. As companies reorganize to gain a competitive edge, HR plays a key role in helping companies deal with a fast-changing environment and the greater demand for quality employees.
John R. Commons, a pioneering economist, first coined the term “human resource” in his book "The Distribution of Wealth," which was published in 1893. However, it was not until the 19th century when the developed HR departments to address misunderstandings between employees and their employers
An HR department is an essential, if not critical, component of any business regardless of the organization's size. It focuses on maximizing employee productivity and protecting the company from any issues that may arise from the workforce. HR responsibilities include compensation and benefits, recruitment, firing, and keeping up to date with any laws that may affect the company and its employees.
Research conducted by The Conference Board has found six key people-related activities that HR must effectively do to add value to a company. These include:
Managing and using people effectively
Tying performance appraisal and compensation to competencies
Developing competencies that enhance individual and organizational performance
Increasing the innovation, creativity, and flexibility necessary to enhance competitiveness
Applying new approaches to work process design, succession planning, career development, and inter-organizational mobility
Managing the implementation and integration of technology through improved staffing, training, and communication with employees
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