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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

Ksas

Business services; Human resources

Knowledge, skills and abilities – the personal attributes that a person has to have to perform the job requirements.

Labour market

Business services; Human resources

A geographical or occupational area in which factors of supply and demand interact.

Labour force participation

Business services; Human resources

A rate at which the number of people in the labour force is divided by the number of people of working age x 100.

Leadership development

Business services; Human resources

Formal and informal training and professional development programmes designed for all management and executive level employees to assist them in developing the leadership skills and styles required ...

Legislation

Business services; Human resources

Law emanating from Parliament in the form of Acts.

Lifo

Business services; Human resources

In the event of a redundancy situation occurring, the system of ‘last in first out’ is regarded as the most equitable method of choosing those who should be made redundant.

Lump sum payment

Business services; Human resources

A fixed negotiated payment which is not typically included in an employee’s annual salary. Often times given in lieu of pay increases.

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