Human Resources

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Definition: Human Resources is an organizational term used to either indicate the people who work for an organization, or to refer to the personnel department of the organization that is managing these 'resources'.
The employees of an organization are considered an asset of the company (human capital), just as financial assets (financial capital) and material, fixed assets (land, building, machines, equipment).
Typical activities of the HR department are: recruitment, employee retention, employee benefits, talent management, career management, management development, leadership development, coaching, training, performance appraisals, etc.