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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

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Compensation and Benefits

Analytics in HR

Together, they make up a total compensation package, which may include salary, bonuses, insurance, retirement contributions, and various other perks aimed at attracting, motivating, and retaining employees. Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses.

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2023 Compensation Trends Your Org Should Know About

Astron Solutions

Your compensation strategy affects how well your organization is able to recruit and retain top talent, but your strategy doesn’t play out in a vacuum. Your compensation strategy affects how well your organization is able to recruit and retain top talent, but your strategy doesn’t play out in a vacuum.

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Modern Comp Practices for Traditional Companies

Compensation Today

By Kari Van Hoof, CCP, PayScale Compensation Professional At PayScale, we strive to help all kinds of organizations embrace modern compensation practices to engage their workforce and drive results. Check out these modern comp practices that any organization can adopt and why they matter.