What is Human Resources?
Human Resources is the strategy and management of your company’s People Function or Workforce
Human Resources focuses on your company Vision, Mission, and Values to drive your business objectives and goals.
The functions include all the elements highlighted in the figure including:
- Compensation & Benefits
- Compliance
- Diversity
- Employee Relations
- Leadership Development
- Performance Management
- Risk Management & Safety
- Talent Management
Human Resources for your company should consider your workplace culture and environment when managing your people. Effective Human Resources practices should motivate employees to contribute and produce results for the company. Excellent Human Resources practices should guide employees to understand your company’s direction, objectives and goals thereby driving revenue!
The Human Resources function should provide management with benchmarks or HR metrics and measurement – a PEOPLE Scorecard! This Human Resources Scorecard can provide your company with the clear understanding of where improvements need to be made to enhance your business results. These metrics should be part of your business solutions and provide demonstrated value that your employees are creating.
