Human resources

Human resources

Referring to the function within an organisation that is charged with managing its employees, often as well as its recruitment process.

Industry: Business administration; Business services

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Human resources

restrictive covenant

Business services; Human resources

A contract clause requiring executives or other highly skilled employees to refrain from seeking and obtaining employment with competitor organizations in a specific geographical region and for a ...

return on investment (ROI)

Business services; Human resources

A ratio of the benefit or profit derived from a specific investment compared to the cost of the investment itself.

right to manage

Business services; Human resources

The ‘right’ of management to make decisions and to run an organization without interference from external or internal forces.

risk management

Business services; Human resources

The use of insurance and other strategies in an effort to minimize an organization’s exposure to liability in the event a loss or injury occurs.

strategic hrm

Business services; Human resources

The process of aligning human resources more closely to the strategic and operating objectives of the organization.

strategic planning

Business services; Human resources

The process of identifying an organization's long-term goals and objectives and then determining the best approach for achieving those goals and objectives.

In the context of human resource planning, a process by which an organization seeks to identify and develop candidates with the potential to take over management positions when incumbents leave or ...