HR stands for Human Resources. It is a term used to specify the individuals who make up the work force of an organization, i.e. each employee of a company is a resource for the company. The manager who is responsible for recruiting the candidates, handling management tasks and provide direction to the newly recruited employees in a structured manner, is called HR Manager.
The Human Resource Management (HRM) is the most important department in any company. It considers every employee of the company as its asset. A company is more likely to be successful if its employees are honest and determined for the work. Employees are the assets of the company that must be hired, satisfied and retained.
Following are the important functions of HR: