Human Resources and Developments

Now-a-days human resources occupies a bigger and is consider being an important part of a firm. If the employees are not satisfied they won’t produce sufficient quality work. human resources plays a significant role in the outsourcing of labor. The human resources department lies at the core of any business’s management structure. This is why the human resources department is probably the most important department in any organization.

Human resources : Human resources is a person or employee who staffs and operates a function within an organization. The term ‘human resources’ is traditionally called ‘labor’ in the political economy and economics, one of the three factors of production. It was used as labor right management in the older day’s organizations.

In economics human resources is the beginning was know as ‘human capital’. Then it was later realized that human are capitals which can be run through a particular time in fact they are social beings and things change day to day for them. It cannot be that it one person is told to work for a particular time till a year, it is not necessary that he will make it. There are many eventualities and circumstances those may stop him to do so. So this term was then decided to change. But still in macro-economics they use this term for employees as a factor of production.

 Background of Human Resources : Once upon a time human resources consider as a general part of the production. In the first of nineteenth century some investor established human resources management. Rebert Owen, father of Human Resources Management.

In 19^th century welfare movement by religious leaders and philanthropist advocated for fair wages, improved living and working condition. In 1918 industrial welfare society and in 1919 Industrial Health Research Board established. In 1920 the term personal management was accepted. In 1940’s Human Resources Management unit established in every organization.

Human Resources Function’s : The Human Resources function is still to a large degree administrative and common to all organizations. To varying degrees, most effective management of the Human Capital Pool (HCP) has become an increasingly imperative and complex activity to all human resources professionals. The Human resources function consists of tracking innumerable data points on each employee, from personal histories, data, skill, capabilities, experiences to payroll records.

Importance of Human resources :  Human Resources department is the most important department of any organization. The Human Resources department of today not only works for employee betterment, but also takes the initiative in matters such as office policies, legal documentation, development of ethical codes and standards of behaviour and so and so forth.

Human Resources Department is not only responsible for personnel relation, but for the overall business environment of an organization. Today the Human Resources department of a firm handles not only the lower and middle level employees but also upper management executives as well.

The Human Resources Department dose not only bridge the employee relationship gap between top management and lower level employees, but also helps upper management to connect with other senior members in a firm.