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Human resource policies are continuing guidelines on the approach of which an organization intends to adopt in managing its people. [1] They represent specific guidelines to HR managers on various matters concerning employment and state the intent of the organization on different aspects of Human Resource management such as recruitment, promotion, compensation, [2] training, selections etc. [3 ...
The Society for Human Resource Management, which is based in the United States, is the largest professional association dedicated to HR, [42] with over 285,000 members in 165 countries. [46] It offers a suite of Professional in Human Resources (PHR) certifications through its HR Certification Institute.
HR's challenge is to provide business leaders with actionable information that helps them make decisions about investments, marketing strategies, and new products. HR metrics are a vital way to quantify the cost and impact of employee programs and HR processes and measure the success (or failure) of HR initiatives.
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. [ 1 ] [ 2 ] A narrower concept is human capital , the knowledge and skills which the individuals command. [ 3 ]
The planning processes of most best practice organizations not only define what will be accomplished within a given time-frame, but also the numbers and types of human resources that will be needed to achieve the defined business goals (e.g., number of human resources; the required competencies; when the resources will be needed; etc.).
Human resources are designed to manage the following: Employee Benefits: include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. Employee health care: the identification of recognition of a disease by a physician/ physician's assistant/nurse practitioner.
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