Human resources (HR) is the division of a business that is charged with finding, recruiting, screening, and training job applicants. It also administers employee benefit programs.

HR plays a key role in helping companies deal with a fast-changing business environment and a greater demand for quality employees in the 21st century.

KEY TAKEAWAYS

  • Human resources (HR) is the division of a business responsible for finding, recruiting, screening, and training job applicants.
  • HR departments also handle employee compensation, benefits, and terminations.
  • Human resource management (HRM) strategies focus on actively advancing and improving an organization’s workforce with the long-term goal of improving the organization itself.
  • HR departments must keep up to date with laws that can affect the company and its employees.
  • Many companies have moved traditional HR administrative duties such as payroll and benefits to outside vendors.

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Manage employee benefits

Bysaif Gill

Your HR department will handle the amount and type of employee benefits your company offers. Providing good employee benefits is critical to the success of your business because they’re proven to attract and retain talent and increase employee productivity. Benefits keep employees satisfied by giving them a variety of perks and making them feel secure in their roles.