Human Resources Meaning. A narrower concept is human capital the knowledge which the individuals embody. Similar terms include manpower labour personnel associates or simply people.
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Human resources is the set of the people who make up the workforce of an organization business sector industry or economy. The term human resources was first used in the early 1900s and then more widely in the 1960s to describe the people who work for the organization in aggregate. A group of people who are able to do work.
A human resource is one person within a company s overall workforce with each person lending their skills and talents to the organization to help it succeed.
Hrm is employee management with an emphasis on those employees as assets of the business. That includes recruiting vetting selecting hiring onboarding training promoting paying and firing employees and independent contractors. In this context employees are sometimes referred to as human capital. Human resources is used to describe both the people who work for a company or organization and the department responsible for managing all matters related to employees who collectively represent one of the most valuable resources in any businesses or organization.
