Meaning of Human Resources (HR)

Human resources (HR), also known as human capital, are the employees of a company and its most valuable assets. The HR department manages employees through recruiting, hiring, training, performance evaluations, compensation, benefits, and conflict resolution. Effective HR management fosters a positive work environment, recognizes employee contributions, and provides growth opportunities, leading to increased productivity, efficiency, and success. By attracting and retaining top talent, promoting engagement, and fostering innovation, HR creates a competitive advantage for the company.