Definition The resource that resides in the knowledge , skills , and motivation of people. Human resource is the least mobile of the four factors of production , and (under right conditions ) it improves with age and experience , which no other resource can do. It is therefore regarded as the scarcest and most crucial productive resource that creates the largest and longest lasting advantage for an organization . The division of a company that is focused on activities relating to employees . These activities normally include recruiting and hiring of new employees, orientation and training of current employees, employee benefits , and retention . Formerly called personnel . Definition of HRM The process of hiring and developing employees so that they become more valuable to the organization . Human Resource Management includes conducting job analyses, planning personnel needs , recruiting the
If there is a will there is the way...