11 Terms
Home > Industry/Domain > Business administration; Business services > 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.
Contributors in Human resources
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.
succession planning
Business services; Human resources
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 ...
