Human Resources

Human resources (HR) is the division of a business responsible for finding, screening, recruiting, and training job applicants. HR also administers employee-benefit programs. A human resources department also handles compensation and benefits, and employee terminations (Investopedia)

  • $71,210 Average salary
  • 29% Of Men Make Up This Industry
  • 71% Of Women Make Up This Industry
icon

History & Future

icon

Future

The role of HR is continuously evolving, and HR professionals can aim to learn about the technologies, trends, and operational changes shaping the future of business. HR can be agile in adapting to those changes to support employee development effectively, retention and recruitment. With an increase in remote working, the new HR will have to adapt to the diverse work situation. Training and development practices will become more personalized and available through remote devices. Slack and Microsoft teams will be used to increase productivity and engagement.

Read More

History

Industrial welfare was the first form of human resource management (HRM). In 1833 the factories act stated that there should be male factory inspectors. In 1878 legislation was passed to regulate the hours of work for children and women by having a 60-hour week. During this time trade unions started to be formed. HRM appears to have its origins in the United States in the 1950s, but it did not gain wide recognition until the beginning of the 1980s and in the U.K. until the mid to late 1980s. In India, the origin of human resource management can be traced to the concern for the welfare of factory workers during the 1920s. The concept of HRM has evolved through various stages of the Industrial Revolution, trade unions, scientific management, Behavioral science, and human relations. Hence, the concept of HRM has gradually replaced the term Personnel Management.