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The Backbone of Talent: Decoding the Crucial Role of Human Resources in Companies

Human resources (HR) is a department responsible for managing personnel and employee operations within a company. HR encompasses talent management, compensation and employee benefits, training and development, compliance, and workplace safety. It contributes to establishing organizational structure and ensuring the capability to meet business demands effectively.

The history of legal minimum wage | Ruby A Badilles

For centuries, there has been a mounting debate as to the rejection or acceptance of the efficacy of the minimum wage law as a social protection measure. The common observation is that no matter what economists say about the adverse effects of the legal minimum wage to employment and to…

Industrial relations | Definition, Types, Examples, Importance, & Facts

industrial relations, also called organizational relations, the behaviour of workers in organizations in which they earn their living. Scholars of industrial relations attempt to explain variations in the conditions of work, the degree and nature of worker participation in decision making, the role of labour unions and other forms of worker representation, and the patterns of cooperation and conflict resolution that occur among workers and employers. These patterns of interaction are then related to the outputs of organizations. These outputs span the interests and goals of the parties to the employment relationship, ranging from employee job satisfaction and economic security

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