Human Resources (HR) is the term used to refer to how people are managed by organizations. The HR-field has moved from a traditionally administrative function to a strategic one, that recognizes the link between talented and engaged people and organizational success. Human Resources is drawn upon concepts developed in Industrial/Organizational Psychology and System Theory.
Human Resources have at least two related interpretations depending on context. The original usage derives from political economy and economics, where it was traditionally called labor, one of four factors of production.
The more common usage within corporations and businesses refers to the individuals within a company/organization, and to the department of the company's organization that deals with hiring and firing, training, developement and other personnel issues.
Even though Human Resources have been a part of business/organizations since the first days of agriculture, the modern concept of Human Resources began in reaction to the efficiency focus of Taylorism in the early 1900s. By 1920, psychologists and employment experts in the US started the human-relations-movement, which viewed workers in terms of their psychology and fit with companies, rather than as interchangeable parts. This movement grew throughout the middle of the 20th century, placing emphasis on how leadership, cohesion, and loyalty played important roles in organizational success.
Recruitment and Selection
Training and Development
Performance Evaluation and Management > Measure your employees' potential
Promotions and transfer
Industrial and Employee Relations
Record keeping of all personal data.
Employee Rewards, Benefits & Compensation
Conflicts, negotiations, problems at work
Time motion study is related to HR Function