What are Human Resources
Human beings are very creative and and social oriented. Humans are not resources or commodities as typically referenced by modern analysis. It is important to note that human beings bring much more than "work" to any productive enterprise. People bring their creativity, character, social connections and ethics to their workplace.
Corporate culture is a term that is often used to characterize this type of process. Human resources is a narrow term that identifies the hiring and firing function as well as the job description in the workforce. It does not encompass all that can be said about the human being contribution.
Human Resources Objective
The maximization of return on investment (ROI) on a company's human capital along with minimization of financial risk is the prime objective of the human resources function. Human resource managers are responsible for conducting their activities in a legal, effective and fair manner within the company's environment. The following key functions are managed by human resources:
1. Recruitment and hiring process
2. Firing and problems at work
3. Performance evaluation
4. Employee and industrial relations
5. Promotions
6. Keeping records of all personnel data
7. Compensation, bonuses and pensions in conjunction with payroll function
Human Resources
In most companies, human resources is the term that typically describes the administrative and personnel functions associated with employee relations, performance management and resource planning. In general, businesses and corporations utilize the human resources function to deal with people within the company and deals with the hiring, training, firing and other personnel issues related to the company's activities.
