Human Resources Meaning. A department within an organization that deals with the people who work for that organization. Similar terms include manpower labour personnel associates or simply people.
Similar terms include manpower labour personnel associates or simply people. A narrower concept is human capital the knowledge which the individuals embody. Any person willing to trade their labor knowledge or time for compensation in an effort to improve the organization is a human resource.
Hrm is employee management with an emphasis on those employees as assets of the business.
That includes recruiting vetting selecting hiring onboarding training promoting paying and firing employees and independent contractors. In this context employees are sometimes referred to as human capital. The term human resources was first used in the early 1900s and then more widely in the 1960s to describe the people who work for the organization in aggregate. Human resources is used to describe both the people who work for a company or organization and the department responsible for managing all matters related to employees who collectively represent one of the most valuable resources in any businesses or organization.
