HR FULL FORM
Full Form of HR : Human Resources
What is the full form of HR ?
No:1. The full form of HR is Human Resources.
No:2. It is a term used to specify the individuals who make up the work force of an organization, i.e. each employee of a company is a resource for the company.
No:3. The manager who is responsible for recruiting the candidates, handling management tasks and provide direction to the newly recruited employees in a structured manner, is called HR Manager.
No:4. The Human Resource Management (HRM) is the most important department in any company.
No:5. It considers every employee of the company as its asset.
No:6. A company is more likely to be successful if its employees are honest and determined for the work.
No:7. Employees are the assets of the company that must be hired, satisfied and retained.
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Functions of HR
Following are the important functions of HR :
No:1. To hire staff for the organization
No:2. To motivate the employees
No:3. Training and development
No:4. Performance appraisal for the employees
No:5. Administration and record keeping
No:6. Counseling and grievance handling
No:7. Talent management
No:8. Employee welfare, rewards and incentives
No:9. Maintain employee relations
Understanding Human Resources
No:1. The presence of an HR department is an essential component of any business, regardless of the organization’s size.
No:2. An HR department is tasked with maximizing employee productivity and protecting the company from any issues that may arise within the workforce.
No:3. HR responsibilities include compensation and benefits, recruitment, firing, and keeping up to date with any laws that may affect the company and its employees.
No:4. Research conducted by The Conference Board, a member-driven economic think tank, has found six key people-related activities that HR must effectively do to add value to a company. These include :
a). Managing and using people effectively
b). Tying performance appraisal and compensation to competencies
c). Developing competencies that enhance individual and organizational performance
d). Increasing the innovation, creativity, and flexibility necessary to enhance competitiveness
e). Applying new approaches to work process design, succession planning, career development, and inter-organizational mobility
f). Managing the implementation and integration of technology through improved staffing, training, and communication with employees
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