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Human Resources

Overseeing the acquisition, development and retention of people.

Human resources (HR) is the division of a business that is charged with various aspects of employment, such as compliance with labor law and employment standards, administration of employee benefits, organizing of employees files with the required documents for future reference. It is often the department in charge of recruitment (also known as talent acquisition), overseeing finding, screening, recruiting, and training job applicants. It is also in charge of employee "off-boarding" (the separation process when an employee leaves the company).

Concepts in this Category

Recognition, Compensation and Benefits

The purpose of total rewards in the workplace is to reinforce particular behaviors, practices, or activities that result in better performance and positive business results. Companies use tangible rewards (monetary such as compensation and a benefits package) and intangible rewards (non-monetary such as recognition in meetings and events, work-life balance and development potential) to motivate employees and demonstrate that they are appreciated. Often, rewards and recognition take the form of extra compensation for employees who carry out the activities in their role description and meet their objectives. Rewards and recognition have many uses, but in general they help with 1) Shaping employee behavior and work ethic; 2) Giving employees the opportunity to share in the benefits of their work; and 3) Making employees feel like an integral part of the company.

Commitment and Loyalty

Commitment & Loyalty means the degree to which individuals associate themselves with the job, the responsibilities and the organizational objectives and how actively engaged in they are in their work. Engaged employees are those who are fascinated by their work and committed to face every challenge to attain their goals. They are dependable, loyal and highly productive and therefore, are accountable for what they do. The best part is that they need less focus and attention of managers to perform their task as they themselves feel accountable for their job responsibilities and results attained. However, it doesn’t take much time for actively engaged employees to turn into disengaged employees if the organisation doesn’t have a well established reward system. Recognition is a basic necessity of individuals to remain steered up towards their job.

Diversity and Inclusion

A strong diversity and inclusion strategy can help your organization attract top talent and drive innovative results. Diversity refers to the traits and characteristics that make people unique while inclusion refers to the behaviors and social norms that ensure people feel welcome. It is a set of behaviors that promotes collaboration and fosters the kind of inclusion that leads to the diversity of the workforce.

Organization and Employee Development

Deals with the overall arrangement of the organization and its functions, including both the long- and short-term identification and development of its human resources. It includes the process of enhancing the effectiveness of an organization and the well-being of its members through planned interventions, the set of systematic and planned activities designed by an organization to provide its members with the necessary skills to meet current and future job demands, coaching and training, succession planning, and other aspects of leadership and skills development. It also includes matters that focus on careers, communications, legal and regulatory issues, technology, metrics, and outsourcing in the organizational and employee development fields, as well as effective practices and global issues.

Talent Acquisition

The talent acquisition team is responsible for identifying, acquiring, assessing, and hiring candidates to fill open positions within a company. Employer branding, future resource planning, diversifying a company’s labor force, and developing a robust candidate pipeline are the cornerstones of talent acquisition. In some cases, the talent acquisition team is part of an organization’s Human Resources department. In others, Talent Acquisition is its own department that works in coordination with HR. The skill sets of effective talent acquisition professionals include sourcing strategies, candidate assessment, compliance and hiring standards, and fluency in employment branding practices and corporate hiring initiatives.