HR Abbreviation

Looking for HR abbreviation? We have got you covered in this guide. We have listed down different possible abbreviations of HR in various groups like Business, Indian State, Society & Culture, Regional, News & Entertainment, and Governmental.

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Popular abbreviations of hr:

Searching for hr abbreviation / hr full form leads to different results in different categories. The below table illustrates the popular acronyms among them.

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What does HR mean?

HR stands for Human Resources. It is a group of individuals who are responsible for building up the workforce of organisations or a business entity. In an organisation or a company, the Human Resources department is involved in processes like recruitment, management of the people and defines the rules and policies of the organisation among everyone.

Essentially, The regular tasks of the Human Resources Department include human resource management, looking over to the different stages of employment, maintaining the standards, protecting the rights of the employees, interviewing the new to-be employees. Some other tasks such as maintaining the employee records, keeping a record of the personal documents for future purposes and employee off-boarding also come under the umbrella of the HR Department.

History of the Human Resources

In the early 20th century, Human resource management was termed ‘personnel administration’ which focussed on mainly the major aspects of employee life cycle such as hiring, evaluation and compensations. Since the sector wasn’t developed yet at that stage, they did not focus much on relationships between employees and just focussed on materialistic and organisational goals.

In the latter half of the century, when industries started to boom and new jobs started to arise in every sector, the need for an effective and efficient HR department rose up. This involved handling people from different sects of the society and making them work for the collective good of the organisation. Soon, educational majors were introduced for this field and now people had the opportunity to depict their management and relation-building skills.

What is Human capital?

Human capital is the most important asses of an organisation. This asset doesn’t appear on the balance sheet and in the profits but it is what brings the profits. Human Capital involves the workforce but with an updated mindset. According to human capital, not every labour is the same. A company’s stocks in its human capital can be raised by investing in the education, training, experience and abilities of employees. This is what the Human resource department focuses on, the different ways in which the existing human capital can be upgraded.

Importance of HR

In today’s industrial world, Human Resource Management plays an important role in every organisation. It takes up the crucial task of managing the workforce and maintaining a healthy work environment as well. The human resource professionals have a tough job at their helm that is to ensure that the human capital of the company is never idle. It should keep getting better and better and must be supported by HR. By proper implementation of this betterment, the skills of the workforce are enhanced while ensuring the organisational goals are fulfilled simultaneously.

What are the responsibilities of HR?

The various responsibilities of an HR manager are primarily linked with the employees and employee life-cycle. Some of the responsibilities of HR managers are:

• Preparing and regularly updating employment records
• Keep updates regarding the hiring, promotion, transfers and termination of employees.
• Evaluation of the performance of employees
• Organising hiring, interviews, handling the selection process, posting advertisements regarding the job openings.
• Making sure that employees get their benefits of employment such as paid leaves, sick leaves, timely compensations and invoices for payments.
• Counsel the personnel regarding how they can improve their productivity for the betterment of them and the organisation
• Regular maintenance of all these tasks

Current Situation of HR

Now, Human resources have developed rapidly and are one of the major fields on which organisations lay emphasis. Business entities look for managers and individuals that have the ability to extract work from others and simultaneously maintain healthy relations as well. These individuals are extracting great amounts of money as well in their organisations.