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Human Resources(HR)

Human resources deals with the managment of a companys employees.

HR includes hiring, training, employee development, pay and benefits. Headcount The number of people employed in a company or organizationIn HR, we often talk about increasing, reducing or cutting headcountHeadhuntInstead of hiring people who apply for a job, a company may headhunt them from other organizationsA headhunters job is to find qualified employees to fillspecific positionsTo RecruitProcess of attracting, finding, and selecting new employeesRecruiters must match qualified people with the right jobs through screening & interviewsJob DescriptionLists the tasks, responsabilities and qualifications of a jobCompensationThe money company pays its employees, in salary, wages or bonuses, is called compensation Many companies have an organized compensation structure that links pay to performance and the lenght of employmentBenefitsCompensation given to employees in addition to salary or wages.Benefits may include: vacation time, insurance plans & pension plansIncentivesAre usually tied to specific performance goals, such as meeting at sales target.

They may include financial bonuses, company funded trips or conferencesTalent ManagmentA companys strategic effortto attract, hire, develop,manage, and promote good employeesLearning and DevelopmentThe field of HR concerned with improving the work & performance of employeesProficienciesBasic abilities or skills that a person needs to do a jobOn-the-job trainingTraining that happens during the regular course or workPerformance appraisalsIs the evaluation of an employees work and abilitiesTo CoachCompanies may coach select employees by giving one-on-one help to improve skills or performanceEqual opportunitiesInitiativesPrograms designed to give equal chances to all people regardless of sex, race or physical abilitiesLeadershipDevelopmentPrograms aim to develop key leadership skills in select employeesDeveloping leaders may learn about communication negotiation and motivation