You must have heard and said HR several times in your daily work routine but only a few people know about its operations and full form. Do you know the HR full form in company? If yes, then comment below to tell us, otherwise read this article to know the HR full form along with its operations.
In 1983, an American institutional economist named John R. Commons introduced this term in his book “The Distribution of Wealth” and since the 20th Century, the HR department helps organizations in the identification, screening, and recruitment process, it plays a key role in every organization by resolving the conflicts between management and workers.
What is the HR full form in company?
HR stands for Human Resources and it is a necessary part of any business. The main purpose of HR in every organization is to increase employee productivity and to resolve the issues of the company related to employee and employer relations. Recruitment, compensation and benefits, and firing are among the responsibilities of the HR department in any company.
Now you know the HR full form and its meaning which is not hard to remember, right? The responsibilities of the HR department vary from organization to organization but the important thing is that you can confidently use this term because you know its full form and its function. Keep reading to learn more about HR.
What are the functions of the HR department?
Source: Fullform.blog
As simple as the HR full form in company may appear, its functions are not. Human Resources is the most important department in any organization, and it must do its job properly in order to add value to the corporation. Read on to learn about some of its functions:
- To develop the skills that improve the performance of the firm.
- To discover and use innovative approaches for career development, succession planning, and inter-organizational mobility.
- To manage the implementation of technology and integration through improved training and employee communication.
- To increase the level of creativity and adaptability which is required to boost competitiveness.
- To improve the company’s evaluation.
- To manage people effectively and utilizes their skills properly.
Read also: PTO full form: What is the full form of PTO
What are the main responsibilities of the HR department?
Apart from the functions mentioned above, there are five main responsibilities of the HR department. Read them below:
- The main responsibility of HR is to hire employees deserving of the role.
- To carry out the recruitment and hiring process efficiently.
- HR department takes care of employee compensation and benefits.
- It handles individual employee work-related issues.
- It is also responsible to create policies that affect the entire company’s working environment.
What is HRM?
The HR full form in company is Human Resources and HRM means Human Resources Management which is responsible for making such strategies that are beneficial for both the company and the workers. It is a comprehensive approach to managing employees as well as an environment and culture of an organization.
The HR department is responsible for implementing HRM strategies and advising management on processes, business solutions, and other approaches. Tools like recruitment software can help HR departments improve their work efficiency and they are being used worldwide for this purpose.
What is the Importance of the HR department?
It is critical that every employee of an organization feels safe, and it is the responsibility of the HR department to create an environment in which every worker is appreciated and supported. Human resource management ensures that the HR department operates efficiently and effectively.
HR’s duties and responsibilities include not only recruitment and hiring, but also working in the best interests of both the company and the employees, for which the department should develop strategies. HR department helps in keeping the healthy relationship between employees and employers. Read the points below to know their importance:
- Human Resources department makes policies for the safety of any firm.
- HR department responds to employee complaints and concerns.
- Without HR, it is hard to ensure that the federal and state occupational laws are followed.
- HR prevents workplace harassment and discrimination.
- It helps in creating a better relationship between the company and the workers.
- It increases and manages the communication between management and employees.
Wrapping Up:
The HR department is the main part of any company and it could be quite embarrassing if you couldn’t tell the HR full form upon asking. The HR full form in company is Human Resources and all the details of its functions are mentioned above.
We hope you found this article useful, you can comment below to share your thoughts with us and share this article with your friends and colleagues as well.
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