what is human resources ? why it is important for country.
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Answers
Explanation:
Definition
Human resources is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, labor, personnel, associates or simply: people.
Importance
Human Resources plays a key role in developing, reinforcing and changing the culture of an organisation. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by Human Resources.
The human resource plays a significant role in the economy of a country by contributing to productivity. The other resource becomes useful because of the input by the human resource. Investment in human capital yields a return and it is done through education, training, and healthcare.
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