Why human resources are important? Which factors make human a special resource? Correct answer = brainlist Inclrrect = Report
Answers
Answer:
Human resources (HR) is the umbrella term used to describe the management and development of employees in an organisation. Ultimately, it’s all about increasing employee performance.
Traditionally, HR focused on hiring, firing and the old-school annual pay review. More recently, HR has been positively reframed, covering a much wider remit.
Basic functions of HR include:
Recruitment
Onboarding
Managing payroll
Employee benefits
Holiday management
Training and development,
Employment law compliance
Safety compliance
In addition, HR today plays a significant role in developing positive business culture and improving employee engagement and productivity, both of which are critical to business success.
Employee wellness and personal development are also increasingly recognised as essential aspects of HR.
Why is HR so important?
In small businesses HR is easily overlooked. Many entrepreneurs get their businesses off to a flying start, but grapple with people management as the business starts to flourish. Managing staff takes time and it requires specific skills. HR is an area of expertise many business owners lack.
Regardless of skills, for many entrepreneurs, the value of HR in business isn’t always immediately apparent. With just a few employees, business leaders feel like they have their finger on the pulse when it comes to the people they hire and manage.
Explanation:
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Explanation:
HR 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 HR.