The importance of Human Resources

The importance of Human Resources

Length: 473 words (1.4 double-spaced pages)

Rating: Excellent

Open Document

Essay Preview

More ↓
The true value of any company in any economy is its people. Could a company survive if it lost all of its equipment, all of its machinery or all of its office supplies? The answer to this question is absolutely, because the employees of the company would pitch in to make sure it survived. On the other hand, could a company survive if it lost all of its employees? These questions emphasize the importance and necessity of people in businesses because without them, the businesses would not be able to run.
The importance of human resources is staggering and it acts as an advocate for the most important business resource, people. Without human resources, people would have no incentive or motivation to stay in there jobs I believe there is a clear relationship between the effectiveness of a company’s people practices and the company’s market value. Focusing on people definitely pays off; therefore strong human resource practices have the potential to increase a company’s productivity and profitability. The expanse of issues human resources deals with in a company is extremely large, effecting most if not all aspects of a person’s job. For example, compensation, benefits, harassment, hiring, job evaluation, leaves of absence, occupational health and safety, vacation, retirement, education and training are just a few of the topics human resource professionals deal with on a full time basis.
Can you imagine working in a company where there was no person or group of people to turn to with a question or concern regarding your job evaluation or career path? What would happen if you felt you were being harassed because of your sex or race at work and there was no human resource department or policy in place against harassment? These questions stress the fact that without human resources in a company, employees would feel unimportant and discouraged as well as other negative feelings. There are endless scenarios that could show the disadvantages an employee would face without human resources and the policies and practices it follows that work to protect and benefit employees.
In businesses, incentive programs are almost always coordinated through human resource departments. These programs are very important because they motivate an employee’s job performance or attendance for example. A popular incentive program is for attendance, in this program, an employee is rewarded for meeting certain attendance criteria, for example, not using any sick days in a calendar year.

How to Cite this Page

MLA Citation:
"The importance of Human Resources." 123HelpMe.com. 25 Apr 2019
    <https://www.123helpme.com/view.asp?id=90831>.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

The Importance of Teachers in Human Resources Essay

- The Importance of Teachers in Human Resources One of the most significant parts of the Human Resources is teachers. They are essential resources in qualifying students at schools. So, they have a direct relationship with the students. That is to say, once a teacher is dissatisfied with his or her job, effects are likely to appear on his or her students. Therefore, in order to enhance the teaching system to end up with better qualified students, teachers’ dissatisfaction must be terminated....   [tags: Human Resources Essays]

Free Essays
522 words (1.5 pages)

Essay on The importance of Human Resources

- The true value of any company in any economy is its people. Could a company survive if it lost all of its equipment, all of its machinery or all of its office supplies. The answer to this question is absolutely, because the employees of the company would pitch in to make sure it survived. On the other hand, could a company survive if it lost all of its employees. These questions emphasize the importance and necessity of people in businesses because without them, the businesses would not be able to run....   [tags: Human Resources Essays]

Free Essays
473 words (1.4 pages)

The Importance Of Human Resources Essay

- Whether an organization consists of five or 25,000 employees, human resources management is vital to the success of the organization. HR is important to all managers because it provides managers with the resources – the employees – necessary to produce the work for the managers and the organization. Beyond this role, HR is capable of becoming a strong strategic partner when it comes to “establishing the overall direction and objectives of key areas of human resource management in order to ensure that they not only are consistent with but also support the achievement of business goals.” (Massey, 1994, p....   [tags: Human Resources Organizations]

Research Papers
774 words (2.2 pages)

The Importance of the Human Resources Department Essay example

- Human resources (HR) is the department of a business or organization that deals with the payroll, benefits, hiring, firing, and keeping up to date with state and federal tax laws, administration, and training of personnel. It is a critical component of employee well-being in any business, no matter how small. Before anyone gets a job, they have to go through the human resources department. The first step towards the job is to set up an interview. But, what really happens behind the scenes when we apply for a job....   [tags: management, applicants, communication]

Research Papers
644 words (1.8 pages)

The Importance Of Accounting With A Minor Of Human Resources Essay

- My envisioned major is Accounting with a minor of Human Resources. According to the Type Focus Assessment I should focus on teaching, but only technical subjects. I have to disagree with this part of it. I have no desire to teach. I am not saying I would never teach, but I would have to look into it a little more to see what it entails and how I feel about going into something like that. It also stated I would be good in the military, banking and police work. I do have to say these results did intrigue me a bit....   [tags: Mind, Thought, MIND, Decision making]

Research Papers
800 words (2.3 pages)

Importance of Human Resource Management Essay examples

- An organization’s resources can be classified into three categories: physical resources, human capital resources and organizational capital resources. Physical capital refers to non-human assets such as, machinery, infrastructure and other raw materials that are used within an organization’s production process. Human capital resources include the skill sets, knowledge, work experience and insights of each individual employed in the business. Organizational capital resources consist of an organization’s formal reporting structure, the planning, controlling and coordinating of systems, and interpersonal relationships formed within the work community (Barney, 1991, p.102)....   [tags: Human Resources Department]

Research Papers
943 words (2.7 pages)

Importance of Human Resource Management Essays

- Human resource is the most valuable asset of an organisation as it is the source of operational performance and competitive advantage in an organisation. An asset, by definition, is a useful or valuable thing or person. An organisation comprises of three types of assets, namely; financial assets, physical assets (infrastructure and equipment), intangible assets. Intangible assets include intellectual capital (patents, copyrights and trademarks), social capital and human capital. The creative thinking potential of an organisation’s current employees (Bolton, 1996), is the organisation’s most valuable asset, as people are the driving force within companies seeking to differentiate themselves i...   [tags: Human Resources Department]

Research Papers
1176 words (3.4 pages)

The Importance of Human Resource Management Essay

- Armstrong (2006) defined Human Resource Management as a strategic deployment of an organisation's most valued assets; the people working there, who individually and collectively contribute to the achievements and the objectives of the business. Links between HRM and performance are predominantly focused on the following practices: sophisticated selection and recruitment methods, training, teamwork, performance-related pay and employment security (Wall, Wood, 2005). Products can be copied, methods of production can be changed and optimized, companies can move from one continent to the next trying to exploit geographical advantages however, the one inescapable truth is that a strong, talented...   [tags: organisational performance, human resources,hrm]

Research Papers
1427 words (4.1 pages)

Essay on Human Resources And Human Resource Management

- The Human Resources Function Human Resources is responsible for managing all aspects of personnel practices, processes, and policies. This area of the business focuses on all activities relating to employees as well as how they impact the business. Historically, the role of Human Resources in the work place consisted mainly of clerical work, hiring and firing. This has changed significantly over the years as businesses continue to evolve and further recognize how important this function is to the success of the company....   [tags: Human resource management, Human resources]

Research Papers
1242 words (3.5 pages)

The Innovating Career : Human Resources Essay

- The Innovating Career: Human Resources As jobs are becoming more technical every year and innovations are arising with new job opportunities, finding employees that meet a business’ requirement is becoming more difficult (Nickels (290-346). This is why it is important to have a career that arises and evolves that meets this innovating world: Human Resources. Human resources plays a big part into a business’ success from hiring new employees, to employee retainment, and ensuring employees are trained to meet the evolving businesses requirements (Nickels (290-346)....   [tags: Human resource management, Human resources]

Research Papers
1000 words (2.9 pages)

In this case, the employee may earn an extra vacation day the next year. This program therefore motivates employees to go to work every day and feel rewarded for doing so. As you can see the human resources department plays a major role in an employee’s well being by providing access to healthcare benefits, career path by providing career planning, and workplace morale by providing incentives to do well and excel.
Return to 123HelpMe.com