Optimizing Organizational Progress: Understanding the Significance of Human Resources Function

Abstract

This article analyses the paramount importance of the human resources function within a company or enterprise. As the modern business environment becomes increasingly competitive and complex, it is very important to pay a closer attention to HR activities and responsibilities. First, this article emphasizes the role of the HR function in the hiring process, emphasizing the importance of attracting and selecting the right candidates for company vacancies. This process ensures that the company has talented employees with the potential to both support and lead its evolution. At the same time, the article analyzes personnel development as another primary function of human resources. Planning and implementing development programs helps employees develop new skills and capabilities necessary for the best productivity within a company. Next, this article examines the management of performance as an important aspect of the HR function. Tracking, evaluating, and providing feedback to employees are essential elements in ensuring that both the individuals and the organization’s goals are met. The article also investigates the significance of the relationship with employees, emphasizing the role of human resources in managing internal communication, conflict resolution, and providing support in various personal and professional situations. Finally, the article emphasizes compliance with laws and organizational policies in the field of human resources. The HR function ensures that the organization acts in accordance with labor law and applies effective policies in recruitment, equal employment and other essential matters. In conclusion, the HR function plays a vital role in the development of the organization through careful recruitment and selection of employees, staff development, performance management, managing employee relations and compliance with laws and policies. A well-managed HR function is key to ensuring long-term organizational growth and success. UDC: 005.95/.95; JEL: M12, M14, M51, J24, J62.