ENTREPRENEURSHIP

Detailed explanation-1: -Human resources (HR) is the division of a business responsible for finding, recruiting, screening, and training job applicants. HR departments also handle employee compensation, benefits, and terminations. HR departments must keep up to date with laws that can affect the company and its employees.

Detailed explanation-2: -Human Resources manages 5 main duties: talent management, compensation and employee benefits, training and development, compliance, and workplace safety. An HR department can help provide organizational structure and the ability to meet business needs by effectively managing the employee lifecycle.

Detailed explanation-3: -There are 4 types of HR analytics methods that HR professionals can use, namely, descriptive, diagnostic, predictive, and prescriptive analytics. This article will discuss each of these types and their application in HR.

Detailed explanation-4: -The first and foremost step is to determine the objective for the process to carried on. The objective should be defined precisely, so that right number of people for the right kind of job are selected.