The Full form of HR is Human Resources. HR stands for the Human Resources department which deals with recruitment, people management and defining organization policies among other things. They are responsible for hiring, positioning and overseeing the employees of an organization. It is also termed as “People Administration”, “Manpower”, “Labour”, etc. HR is used to specify the individuals who make up the work force of an organization, as each employee of a company is a resource for the company. The manager who is responsible for recruiting the candidates, provide direction to the newly recruited employees in a structured manner and handling management tasks is called HR Manager. The Human Resource Management (HRM) is one of the most important departments in any company. It considers that every employee of the company is an asset. A company is more likely to be successful if its employees are honest and determined for the work. Employees are the assets of the company that must be hired, satisfied and retained. The important functions of HR includes: hiring staff for the organization, motivating the employees, training and development, performance appraisal for the employees, administration and record keeping, counseling and grievance handling, talent management, employee welfare, rewards and incentives, maintain employee relations etc.