37:533:301 Lecture Notes - Lecture 41: Competitive Advantage
Document Summary
Employees are the individuals who work for a company in exchange for wages or a salary. Line managers are individuals who are responsible for supervising and directing the efforts of a group of employees to perform tasks that are directly related to the creation and delivery of a company"s products or services. Human resources practices are the practices that a company has put in place to manage employees. Human resources department is a support function within a company that serves as a vital role in designing and implementing company policies for managing employees. Human resources professional is an employee that serves a company within the. Traditionally, the hr department and hr professionals were involved in transactional roles such as recordkeeping, processing salaries and wages and ensuring legal compliance with the federal, state and local employment laws. Also, hr professionals played a vital role in resolving employee-management disputes and bargaining with labor unions.