Professional Documents
Culture Documents
Capital includes cash, valuables, or goods used to generate income for a business. For example, a
retail store uses registers and inventory, while a consulting firm may have proprietary software
or buildings. No matter the industry, all companies have one thing in common: they must have
people to make their capital work for them. This will be our focus throughout the text: generation
of revenue through the use of people’s skills and abilities. It is the process of employing people,
training them, compensating them, developing policies relating to them, and developing
strategies to retain them. William R. Tracey, in “The Human Resources Glossary” defines
Human Resources as- ”The people that staff and osperate an organization”. Human Resources
can be a single person or employee in an organization. It refers to all the employ. Human
Resources is also the function of an organization that deals with the people and issues related to
people such as compensation and benefits, recruiting and hiring, performance management,
training etc.
Human resources departments have a good remit. The core HR functions are:
Recruitment
One of the most functions of the HR team is to take care of staffing levels: to make sure the
organization has the proper people, within the right job, at the proper time. this is often
endless task that shifts as a corporation expands. this suggests that HR staff got to have a
firm understanding of the varied roles within a corporation , the qualifications necessary to
fill specific roles, and a general idea of the sort of person best suited to those roles.
Employee relations
The lifeblood of any organization is its people. engaged employees are more productive
and may make a positive impact on a business’ bottom line. thereto end, the HR
department is there as a liaison between the organization and employees, to form sure that
employees are kept relevant information which they, in turn, are represented by the HR
team in any decisions which will impact them. an easy way of keeping staff up so far may be
a regular HR newsletter which details pertinent news and developments, also as providing a
forum for workers to interact .
For every organization, complying with employment legislation may be a requirement. From
providing positive working conditions to making sure fair work practices, the HR team is
tasked with keeping a corporation in line with workplace laws. this will often be a posh and
each changing facet of the HR role as legislation are often tweaked sporadically if new cases
or scenarios come to light.
Promoting a secure workplace also comes under the realm of the HR department. during
this role, the HR team is liable for ensuring a corporation complies with all health and safety
legislation, that employee safety training is maintained so far which workplace safety
records are maintained. Promoting workplace safety may be a necessary task in any
organization, but it can often fall to rock bottom of the priority list when employees are
busy. HR departments can keep details fresh through regular communication; using video
are often an honest idea to capture attention and highlight particular guidelines.
Most organizations will have dedicated training for workers , from new hire induction
training to providing leadership training to promoted staff members, and everything in
between. A key aspect of a HR department is to facilitate workplace training, to form sure
adequate training is being provided but also to encourage the continued development of
employees through relevant training courses or workshops. Promoting employee
development can play a big role in staff retention and engagement and may be a vital a part
of how a successful organization operates.