Modern business practice requires an integrated human resource system to replace manual processes for the operational control of employee relations. This has resulted in reduced labor requirements and administrative processes. The corresponding increase in productivity due to centralized computing streamlines operations and assists managers to focus on more mission critical aspects of human resource management. Although paperwork hasn't been totally reduced, human resource managers can now spend more time on core business objectives as opposed to attending to minor administration tasks. One area where a computerized human resource system is fully utilized is in the screening, tracking and reporting...

The PHR and SPHR exams will thoroughly test your knowledge of the full Human Resources body of knowledge. The complexity of laws, regulations, employee training and leadership programs and employee management relations can catch some candidates off guard. You will come into the exam with the experience that you have gathering during your time in HR but there is a lot more related to the world of HR that you must be prepared for. To test you readiness for the exam and see what you need to focus your study efforts on more, consider taking an assessment exam online. The HR responsibilities cover several areas of focus. Generally, HRM responsibilities fall into nine broad categories: Organizational...

In Human Resource (HR) and management circles nowadays there is much talk about Strategic Human Resource Management and many expensive books can be seen on the shelves of bookshops. But what exactly is SHRM (Strategic Human Resource Development), what are its key features and how does it differ from traditional human resource management? SHRM or Strategic human resource management is a branch of Human resource management or HRM. It is a fairly new field, which has emerged out of the parent discipline of human resource management. Much of the early or so called traditional HRM literature treated the notion of strategy superficially, rather as a purely operational matter, the results of which cascade...

STRATEGIC ISSUES IN HUMAN RESOURCE MANAGEMENT

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Introduction               Strategic management seeks to coordinate and integrate the activities of the various functional areas of a business in order to achieve long-term organizational objectives. A balanced scorecard is often used to evaluate the overall performance of the business and its progress towards objectives... Strategic management provides overall direction to the enterprise and is closely related to the field of Organization StudiesStrategic planning and management are more than a set of managerial tools. They constitute a mind-set, an approach to looking at the changes in the internal and external environment that confront the manager. Using planning and management tools...

Calling in the Professionals When the National Care Standards Commission (NCSC) was set up in 2002 it called in a number of human resource specialists to help. The NCSC is part of the Government's modernisation agenda to promote and protect the well-being of users of regulated services such as residential nursing homes, private hospitals and boarding schools. It also covers services that weren't previously regulated, including laser clinics and private and voluntary hospitals. In the past these institutions were regulated by different local and health authorities. The NCSC essentially brought together some 1800 staff from 230 employers into one umbrella organisation. One of these Human Resources...

Hospitality Management And Human Resource...

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An important part of all the organizations is Human Resource Management. Human resources can be counted in one of the most valuable assets for a company. It is very necessary that human resource management runs smoothly for the benefit of the organization. Employing the right person for the right job with right personality is what human resource management is. Hospitality management and human resource management when combined together bring about a new opportunity that helps one to understand the critical issues in managing people in an organization. The combination also highlights work’s social context and expertise with reference to operating and managing hospitality business. In order to gain...

staffing

A Recruitment Agency must know that the key to success for any organization will be the management of full operational HR service to all employees. Hence, it is imperative to manage a HR team of balanced complement with multi-cultural sensitivity as also lead and motivate the skilled team to deliver results. For this purpose a persuasive, passionate and politically astute disposition is essential. An HR must demonstrate experience at a senior level across national and international sphere to reinforce his views. He must have performed HR functions for multifaceted industries. As a strategic leader, motivated team player and conceptual thinker, he must be meticulously involved in development of HRM...

The Benefits Of Human Resource Outsourcing

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If you own a business, regardless of the size, you probably spend a large amount of your time dealing with employee paperwork. This is especially true if you own a small business that has no HR department. In this case, you may be the one person responsible for all employee paperwork. You may spend as much as a fourth of your time dealing with this paperwork, in fact. One solution that many businesses have started turning to, is human resource outsourcing. Basically, this involves contracting all of your HR-related job duties out to a company that specializes in providing HR support to other businesses. Like any sort of outsourcing, it has its ups and downs, but there are a number of benefits that...

INTRODUCTION Innovative HR practices build competencies and capabilities for superior and winning performances today and simultaneously create long term fertility for innovation of business ideas and strategies for future. Employees who go the extra mile by performing spontaneous behaviors that go beyond their role prescriptions are especially valued by the management. This phenomenon is critical for organizational effectiveness because managers cannot for see all contingencies or fully anticipates the activities that they may desire or need employees to perform (Katz & Kahn 1978, Organ 1988). Work behavior that goes beyond the reach of organizational measures of job performance holds promise...

Learning About Human Resource Job Description

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human resource management

Transition to Human Resource Management Career People adopt divergent methods for pursuing career in human resource management. Some people come into the fray by sheer luck and remain there since they start enjoying the work as well as the contact with people. While there are also many others who adopt the job of human resource management as their career on choice, accidental entry into the arena is quite common feature. Online Degree is useful It is however necessary that an aspirant for the career in human resource management should acquire some academic qualification for the purpose. With the advent of Internet and World Wide Web, there has been significant spread of online education across the...

The selection of qualified applicants to be future employees of your company is a responsible of your Human Resource Management. Therefore, they should be familiar with the totality of the company - its organization, vision, priorities and objectives. They are accountable on gathering precise information from these aspiring employees so as to avoid misleading and would save time and money. The human resource professionals are experienced consultants in evaluating all aspects of your HR program. Through their expertise and skill, they are tasked to establish the company's priorities and set some guidelines for future development. A company would be said effective if its human capital is efficient as...

Human Resources 101

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human resource jobs

Managing an organization on its way to success has its own challenges, like dealing with economic factors that may or may not stand as obstacles. Ordinarily, one will claim that this is a Human Resource affair. However, some successful organizations have employed more workable techniques to succeed. This is the human resources of today. The Traditional Role of Human Resources Most people in an organization will identify the Human Resources Department to anything systematic, policy-related or administrative. Some automatically think that a Human Resources Program will proceed with psychology or endeavor to inculcate any of the three mentioned above. This traditional method puts emphasis on leadership...

human resources strategy

This new century demands that management have adaptive skills working across the generation diversity that exists in today's workplace. No doubt people are an organization's most precious asset. Today, unlike any other time in history, that asset is filled with generational diversity. This diversity sits side-by-side, shoulder-to-shoulder, cubicle-to-cubicle and warehouseman to warehouseman. This generational diversity can create tension, mistrust and conflict and negate loyalty to the company in general. How is This Generational Diversity Defined? The most publicized and visible generation grouping of today are the Baby Boomers, born between 1943 and 1965, then we have the Generation Xers, born...

If you're an owner or general manager of a growing company at some point you will find that more and more of your time is being spent on dealing with employee related issues and concerns and less and less is being spent on growing your business. The more successful you are... the more you grow... the more you grow... the more employee issues and concerns to deal with. That's just a fact of life when you're in business today. So when do you look outside your company for help with your Human Resources? If you are like most small business owners, you wait until the pain is so great that you have no alternative but to bring in some help. Unfortunately by that time the damage has already been done. In...

Outsource Your Human Resources

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human resources solutions

Human Resources is an aspect of any company that needs to be handled with the utmost professionalism and care. The only problem with hiring an in-house human resources team is that it costs money to do so. So what is a company to do? You cannot function without human resources and yet you cannot afford to run your own. What you need to do is to come to for a cost effective and comprehensive solution. Untapped resources Consider NorthgateArinso a simple way to cut your costs, improve your human resources management and boost your productivity. This is especially an increasingly attractive solution for SMEs or small to medium enterprises. We offer your business several different types of human...

Human Resource Outsourcing: Opportunity or Risk?

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A guide to make you go through the ups and downs of outsourcing HR services. Today, the business scenario of human resource has been changed up to a great extent due to advanced and updated technology. The HR professionals have had a great hold on relevant technology within the past years, improving and supporting the needs of management actively. As per the present state of affairs, the HR executives are trying their level best to take this growth to the next level of success. With services like Human resources outsourcing each and every details related to this field is handled apt by professionals. Starting from recruitment to pay roll services, RPO management to HR shared services, everything is...

Employees are the most important element of every business. Their contributions play a significant role in determining the success of any organization. Companies with a medium or large scale employee base rely on employee management systems to manage and utilize their workforce to the maximum advantage. Outsourcing employee management services is becoming an increasingly popular and sought after option for many companies around the globe. HR outsourcing companies provide extensive employee management consulting before preparing an outline for performance management that is to be implemented in an organization. With an employee management system in place, there is better management of HR operations...

A guide to make you go through the ups and downs of outsourcing HR services. Today, the business scenario of human resource has been changed up to a great extent due to advanced and updated technology. The HR professionals have had a great hold on relevant technology within the past years, improving and supporting the needs of management actively. As per the present state of affairs, the HR executives are trying their level best to take this growth to the next level of success. With services like Human resources outsourcing each and every details related to this field is handled apt by professionals. Starting from recruitment to pay roll services, RPO management to HR shared services, everything is...

human resource management

The Human Resource Management (HRM) can function with a variety of responsibilities. One key duty among them is deciding what working needs you have and whether to use the services of independent contractors in hiring employees. The HRM have to fill these needs, since recruiting, training and educating new employees is important in maintaining the high standards of the organization. The HRM also deals in ensuring high quality performance to their current employees and dealing with performance issues. In addition, the HRM handles staff and management practices in conforming various regulations and policies. New projects and activities include managing tasks on how the company can approach employees...

human resource management

Human Resource Management is responsible for maintaining the records are current or up-to-date. However it is one of those responsibilities that do not directly add to the earnings of the business. Being as resource consuming as it is, businesses would do good to outsource human resource management to a Professional Employer Organization (PEO). Human Resource Management would take over all these everyday jobs. PEO not only enable employers to focus on core business aspects, but also offer businesses valuable expertise. Employee records, payroll service, and benefit management are significant to for company’s operation. The client company can therefore fully shift focus to the operational and...

Expect to hear the terms interface and integration frequently during your search for a Human Resource Information System (HRIS) product. Both refer to the interaction of two systems, but there are differences and it's important that you understand them. An interface usually requires work on your part and data changes do not happen in real time. Integration, however, is automatic and requires no work on your end. Either provides the capability to eliminate time consuming, error-prone double entries, but because an integration generally means less work you should select systems that integrate whenever possible. Human Resource Software Interfaces Almost all business software applications on the market...

Top 5 Personnel and Staffing Small Business...

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In August, the US unemployment rate continued to rise, growing from 5.7% to 6.1%. Though it may not seem like much in percentages, when you realize that .4% translates to 592,000 more Americans without work, suddenly that number seems quite a bit bigger. Somewhat ironically, this dip in employment means better business and more job possibilities in the personnel and staffing industry. As employers look for quality workers among a growing pool of candidates, and increasing numbers of job-seekers look for help in finding the job that's right for them, the business opportunities for entrepreneurs to open new personnel franchises are steadily increasing. The following are 5 of the best personnel and...

human resources consultant

Whether for specific processes, or across the full range of Human Resources (HR) activities, outsourcing is a proven and viable strategy to increase the performance of the HR Function.  However, there is no single formula that applies to all organisations; HR Outsourcing (HRO) is being used to address varying strategic objectives and its scope will differ in terms of HR processes and geographies involved.  Organisations need a framework to help them consider the value of HRO to their organisation and their specific circumstances. The HRO Value Equation Traditionally, business processing outsourcing is seen as a means of driving efficiency through cost reduction.  Whilst the financial business...

Benefits of HR Outsourcing and How it Grows...

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Sure enough, a business will not be started without a perfect business plan - all tasks ranging from website development to content creation, administration and programming has been taken in place to take over the most crucial parts of the business. But, one thing that may also be included in the core working areas of a business is getting prominent in the outsourcing scheme - it's the Human Resources or HR department which involves management of employees' benefits, payroll and stock options which on the other hand, also encompass few of the most common and multi-tasked duties of different organizations. By outsourcing them to offshore regions, fulfillment of needs is greatly addressed through the...

Summary "What you see is what you get", goes the old saying. It's wrong. What you get is your interpretation of what you see. There's a big difference. It's usually called perception. It's defined as how you perceive people, things, situations and circumstances. It pervades business life. How We "See" Things We acknowledge the importance of perception in everyday sayings. "I see...", "I've seen the light", "it's as if a veil has been lifted", "I've changed my view": none of these sayings are about sight. Each refers to perception. Perception Depends On Interpretation Perception depends on your interpretation of what you see. It doesn't matter whether your interpretation is accurate or not. It doesn...

Learning About a Human Resource Job Description

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People considering a career in human would be looking for the basics about the career in human resources. Essentially this will mean learning about human job description. Such information will also include information relating to career development and career education as well. Transition to Human Management Career People adopt divergent methods for pursuing career in human management. Some people come into the fray by sheer luck and remain there since they start enjoying the work as well as the contact with people. While there are also many others who adopt the job of human management as their career on choice, accidental entry into the arena is quite common feature. Online Degree is useful It is...

Human resource staff are people who make up the workforce of an organization. It is the function within an organization laid with the overall responsibility for implementing strategies and policies relating to the management of individuals. Companies keep reorganizing to gain competitive edge HR helps them in dealing with a cutting edge environment and the requirement for quality employees. Good HR employees can be found from a human resource job bank. According to a research there are six main people-related activities that HR department undertakes. Apply new tactics to work process design, succession planning, career development and inter-organizational mobility. Develop plans that maximize...

Your HR Career - The Biggest HR Career Mistake...

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Many HR professionals are stuck in the old-school mindset that HR career success comes from following some kind of rigid, carefully laid-out career plan. Some companies have even taken years to develop carefully constructed "HR career paths" or "HR career ladders" for their HR folks. This is all a bunch of bunk. And this is the biggest career mistake just about every HR professional makes. That approach may have worked in the past, but it won't in today's workplace. Talk to any successful Human Resources leader with 10-15 years of experience who is happy and satisfied with their HR career so far - including yourself. Ask them where they saw themselves at the beginning of their careers and a large...

Human Resources Communications Policies

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Making things clear Policies are a set of documents that describe an organisation's guidelines for operation and the procedures necessary to fulfil these policies. Policies are often initiated in conjunction with the Business Development department or because of some external requirement, such as business regulations and possibly new legislation. The Communications Policy will deliver HR policy information and benefits in a consistent and effective manner. These policies are maintained, reviewed and updated by Human Resources in consultation, where applicable, with Trade Unions. Policy manuals exemplify downward communication intended to help employees perform their jobs. The aim of the policy is to...

human resources consultant

When it comes to HR and payroll software, researching who will be implementing your software may be more important than the software you select. Human Resource (HR) managers and staff go through a great amount of effort to find and select the Human Resources Information Systems (HRIS) that will best meet their needs. The problem is that they rarely apply enough effort into choosing who will implement the software. In any profession there are those with experience and those without, and there are those who are good at their jobs and those who are not. Unless you ask the right questions and demand information up front, you have no idea if the person installing your HR product has ever done so before...

Human resources are an essential component of any organization. To be successful, a company or organization will require effective human resource management. In today's business climate, where a key issue is the considerable competition to attract and retain talented valuable staff members, managing human resources well is very important. Today's companies are overcoming the geographical boundaries by establishing their own global foot print. These companies are expanding their operations beyond their own country and becoming multi national. Even though, this sounds very good, it brings along with it some challenges. A very important challenge is managing the workforce which is spread across many...

In the recent years, the employment pattern has undergone major transformation. Businesses are making increased use of Temporary Employment arrangements for achieving the flexibility necessary to face intensified competition, rapidly changing technologies and volatile consumer demands. By hiring workers on a temporary basis, they are able to tailor their workforces to meet fluctuations in business activities. This also gives them the advantage of adding workers without having to make the larger investment and commitment to permanent employees. Job-seekers are viewing Temporary Employment as a transitional springboard in their search for a stable, long-term job. There are many youngsters who do not...

Human Resources, with its diverse internal and external customer base, the ability to touch all levels of the organization and the legendary understanding of the organization's environment could not be more suited for the critical role of a strategic business partner. In General Electric's recently published 2008 annual letter to shareholders, the CEO Jeff Immelt stated the following: ".....The secret to all of these dimensions of developing leaders is to have a great team of human resource professionals. Enduring companies must have a passion for people. GE has a great HR team that protects our valuable human assets. I want to give them special recognition this year...." For years, GE has...

HR Systems

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human resource system

The human resource system is a core enterprise application for managing administrative and strategic processes related to an organization's most critical asset, its people. Effective and prompt management of the 'human capital' is a complex, but imperative activity to all human resource professionals. The functions of HR consists of tracking multitudinous data on each employee, which includes personal history, personal data, skills, capabilities, work experience, remuneration records, etc. To reduce the workload of HR professionals, organizations automated many of these processes by introducing Human Resource Management Systems. The client-server HR management systems are mainly developed...

human resources career

Human Resources professionals perform a wide variety of tasks and have varying degrees of responsibility depending on the industry in which they work, the size of their employer and many other factors. HR, training, and labor relations managers and specialists are generally responsible for developing recruitment strategies, interviewing job candidates, dealing with benefits questions, hiring employees, and establishing employment policies. They also help put in place programs to increase employee morale, address employee turnover, and improve productivity. They may also develop training programs to improve employee skills and enhance career opportunities. In smaller companies, a human resource...

Why should you consider choosing temporary human resource employment for your company's labor needs? Consider five reasons why temporary HR employment is superior to other options. 1. Temporary HR Employment is Flexible Human resource employment is very flexible. It allows you (as the client company) to hire temporary workers, extend temporary assignments, or even hire temporary HR professionals as permanent employees. You are able to plan according to your immediate needs, with options for future hiring. 2. HR Employment is Cost-Efficient. When you hire a temporary hr professional you are only paying for labor, or in some cases, for the project to be completed. You are spared the expense of a full...

Human Resource Software - What is it and What...

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Human Resource Software is an application that when designed properly allows employers to manage employees, for optimum allocation. Human resource management is effective in comparing one employee with another one on the same level. The program keeps track of all records related to an employee such as their salary, hours worked, address, past record, appraisal period, strengths and weakness. This type of program is a special package, which allows a company to determine an individuals optimum level of working capacity through the data obtained within the database. This is a typical program meant for the human resource department to manage employees, while reducing the amount of paperwork stuffed into...

HR Software - Don't Get Caught Up in the...

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employee training

Time to focus on the real business issues and realise the benefits of HR Software Human Resources was, and still is in some industries, primarily a paper exercise of form filling, sometimes in duplicate and triplicate and transferring them into a file for each employee. Changing a single detail was therefore a time consuming process. HR software however has changed all of that, and revolutionised the way Personnel and Human Resource Departments operate. Today's HR Software has switched employers on to the idea of e-human resources. The software available on the market provides huge benefits to both employer and employee. So what exactly are the benefits of purchasing and installing this type of...

After you have determined your needs for a human resource software program and after you have determined which HR software products will meet your needs, the next step is to set up demos and evaluate the numerous HRIS systems. If you have not yet determined your needs or selected the HRIS products you will review, be sure to utilize our survey tool. It will list the features and options of the leading HR systems on the market. Upon completion of the survey, you will be presented with a list of HRIS applications with a percent match to your needs and it's all free!  From there, simply select the products for which you wish to see a free trial. The point of this article is what's next. The typical HR...

Why HR Software is NOT free? Let me begin with why there can’t be free software in HR Domain. My first argument is that it takes lots of efforts to develop an HR Software, because an HR Software is not merely a plain database of employees information fields (like in an Excel Sheet or MS Access) but a large collection of various types of information which are linked to each other in a logical way so that an output can provide a Common Sense View about the employees. If I need to define HR Software I will say “HR Software is a process for the collection, analysis, interpretation and presentation of employee’s data. It can provide tools for prediction and forecasting based on data. Thus it can be...

everyone has worked in a job where they had to deal with bad working conditions, everyone complains, and the turnover rate for employees is high. A growing field is becoming highly dedicated to facing these problems head on and making the working environment a fun a productive place for employees. Students can gain a degree in human resources from a number of accredited online colleges and universities. The human resources industry in the work place has evolved over time to encompass a wide range of duties past just recruiting, interviewing, and hiring new employees. Today the profession is highly respected with human resources personnel working with business executives to create a strategic plan to...

Is Human Resources Bogging Your Business Down?...

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As a business grows, its owners get excited and caught up in the moment. And, why shouldn't they? Seeing a dream blossom and grow is a great experience. However, during this time a lot of business owners fail to realize the responsibilities that come with employing more than just themselves. The average small business owner isn't an expert of government regulations on payroll tax, labor laws, and workers' comp, to just name a few human resource issues. Fortunately Human Resource Outsourcing is a solution that will solve your company's compliance needs, but also can provide assistance specific to your company. One solution for a small to medium sized business is to hire a PEO, (Professional Employer...

Outsourcing human resources, including the use of employee leasing, is advantageous for many businesses, especially those not very experienced with HR. For example, a business in Chattanooga could contract with a Chattanooga employee leasing agency or even one in Knoxville. Employee leasing, in fact, could likely be done from anywhere in Tri-Cities. Employee leasing and HR outsourcing, however, as with anything, have their benefits and drawbacks. One of the primary pros to outsourcing human resources is that it allows a business owner to focus on what he or she does best: providing a certain service to his or her customers. Because the business owner is relieved from taking care of hiring, payroll...

HR Outsourcing

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Companies and businesses that either lack time, expertise, or both, often outsource human resource tasks to an outside company. In the past, small businesses did not have the opportunity to outsource functions such as HR, as the market was lacking in options to do so. However, a comprehensive range of HR services are available these days to cater to companies of all sizes, including those with up to 75 employees. Human resources management is one of the most widely outsourced businesses in the market. Until recently, companies used to outsource only payroll and benefits administration to other companies. However, it is a relatively new phenomenon to outsource practically all HR activities like...

Can HR Outsourcing Benefit an Organization?

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human resources consultant

This is a question that many organizations undergoing structural changes attempt to answer in the present business environment. Outsourcing functions such as production and developing software are perceived as "must-haves" for fast paced business plans. But HR, which has always been the heart of an establishment, is gradually opening up to outsourcing."The HRO [Human Resources Outsourcing] market is set to grow to $3 trillion over the next five years, and just over a third of HRO potential has been currently delivered," reported Dr. Anthony Hesketh, CRF (Corporate Research Forum) Project Researcher. The phenomenal growth of the outsourcing industry in the current business environment is an outcome...

Human Resource Software Interfaces Versus...

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human resources consultant

If you are going to use two different systems for HR and Payroll, you need to understand the difference between interfaces and integration of those systems. Expect to hear the terms interface and integration frequently during your search for a Human Resource Information System (HRIS) product. Both refer to the interaction of two systems, but there are differences and it’s important that you understand them. An interface usually requires work on your part and data changes do not happen in real time. Integration, however, is automatic and requires no work on your end. Either provides the capability to eliminate time consuming, error-prone double entries, but because an integration generally...

These tips should prove very helpful when you are begin contacting references on HR software systems. Checking References on HR systems in which you are interested is always a good idea. If an HR software company can’t provide references, or a reference provides a poor opinion of the HR software, that is certainly a red flag. Neither is likely to occur. HRIS software companies are only going to provide references who are happy with their particular HR system. They will usually call the client before providing their name as a reference to ensure they are willing to be a reference and that they are happy with their Human Resource software. The question then becomes, “How valuable are references...

Human Resource Department - How They Train And...

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The corporate world and the educational institutions the world over are rightly recognizing the need for human resource management skills. Many companies are working at developing these skills in managers to effectively manage human resources in the organizations. Human resources comprise the manpower any organization has and the skill to effectively manage these resources includes being able to communicate well with customers and employees of the organization. Human resource departments are responsible for recruiting people for the various other departments and training them to suit the roles of the company they are hired to serve. Human resource training and development is an on going program for...

There are several ways of making a business successful but the best possible and globally well accepted way is through resource management. There remain human resource consultants who make the way of resource management better within an organisation. The hr advisor makes better man management strategies and finally productivity of organisations increase. Human resource training has become popular across Australia and there are plenty of human resource consultants who are assisting people to be aware of the best human resource strategies. Several workplace relations and regulations are developed by the Federal Government but for effective implication of the policies it is best to use the hr...

Executive leadership training can yield better returns on your investment than taking a few leadership skills training courses or buying 10 or 12 good business leadership books. When conducted over long periods of time, a reasonably priced executive leadership program can be more effective than the popular 2-day, 3-day or one week formats used in many less expensive leadership training courses. Educational experiences which segment, focus on and support the delivery of lessons in a modular format usually yield better results than reading tons of business leadership books. An effective executive leadership training program contains skills development exercises and courses which are designed to...

The Modern Concept Of Human Resources

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hr training

Human resources are a word with which a lot of organization explains the mixture of conventionally directorial employee’s functions with performance, employee relations, and resource planning. The field draws upon concepts developed in Industrial or Organizational Psychology. Human resources have at least two related interpretations depending on context. The original usage derives from political economy and economics, where it was traditionally called labor, one of four factors of production. The more common usage within corporations and businesses refers to the individuals within the firm, and to the portion of the firm's organization that deals with hiring, firing, training, and other personnel...