| 1. | people, esp. the personnel employed by a given company, institution, or the like. |
| 2. | human resources department. |
| human resources pl.n.
|
Human Resources - HR
The company department charged with finding, screening, recruiting and training job applicants, as well as administering employee-benefit programs.
Investopedia Commentary
As companies reorganize to gain competitive edge, human resources plays a key role in helping companies deal with a fast-changing competitive environment and the greater demand for quality employees. Research conducted by The Conference Board has found six key people-related activities that human resources completes to add value to a company:
1. Effectively managing and utilizing people.
2. Trying performance appraisal and compensation to competencies.
3. Developing competencies that enhance individual and organizational performance.
4. Increasing the innovation, creativity and flexibility necessary to enhance competitiveness.
5. Applying new approaches to work process design, succession planning, career development and inter-organizational mobility.
6. Managing the implementation and integration of technology through improved staffing, training and communication with employees.
Related Links
Surveying The Employment Report
Economic Indicators to Know
See also: Corporate Governance, Human Capital, Stakeholder, The Conference Board
Also spelled: HR
