Human Resources (HR)

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Definition of 'Human Resources (HR)'

Human resources (HR) is the department of a company that is responsible for hiring, firing, and training employees. HR also handles employee benefits, such as health insurance and retirement plans.

The HR department plays a vital role in the success of a company. By hiring the right people and providing them with the training and support they need, HR can help a company to achieve its goals.

There are many different tasks that are typically handled by the HR department. These tasks include:

* Recruiting and hiring new employees
* Onboarding new employees
* Training employees
* Developing performance plans for employees
* Handling employee compensation and benefits
* Conducting performance reviews
* Handling employee relations
* Enforcing company policies
* Evaluating the HR department's effectiveness

The HR department is a critical part of any company. By effectively managing its employees, HR can help a company to achieve its goals and succeed in the long run.

Here are some additional details about the HR department:

* The HR department is typically headed by a human resources manager. The human resources manager is responsible for overseeing all of the HR department's activities.
* The HR department typically reports to the chief executive officer (CEO) or the chief operating officer (COO).
* The size of the HR department will vary depending on the size of the company. A small company may have only one or two HR employees, while a large company may have dozens or even hundreds of HR employees.
* The HR department is responsible for a wide range of tasks, including:
* Recruiting and hiring new employees
* Onboarding new employees
* Training employees
* Developing performance plans for employees
* Handling employee compensation and benefits
* Conducting performance reviews
* Handling employee relations
* Enforcing company policies
* Evaluating the HR department's effectiveness

The HR department plays a vital role in the success of any company. By effectively managing its employees, HR can help a company to achieve its goals and succeed in the long run.

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