Human Resources (HR)
Updated 13 March 2021
Human Resources (HR) is a term used to describe the department of a company concerned with employing and recruiting new employees, looking after the welfare of current employees and ensuring that a firm's personnel (their human resources) are being used effectively.
More specifically Human Resources departments look after:
- Selection
- Training and Development
- Performance Evaluation and Management
- Promotions
- Redundancy
- Industrial and Employee Relations
- Record keeping of all personal data
- Compensation, pensions, bonuses etc in liaison with Payroll
- Confidential advice to internal 'customers' in relation to problems at work
- Career development
