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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

Replacement charts

Business services; Human resources

A summarization in visual form the numbers of incumbents in each job or family of jobs, the number of current vacancies per job and the projected future vacancies. See Succession planning.

Request for proposal (RFP)

Business services; Human resources

A document an organisation sends to a vendor inviting the vendor to submit a bid for a product or, service.

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 organisations 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 organisation without interference from external or internal forces.

Risk management

Business services; Human resources

The use of insurance and other strategies in an effort to minimise 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.

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