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1 INTRODUCTION

It is increasingly acknowledged that human resources constitute essential and vital asset of business and organization like capital and equipment resources. What fine ideas, the newest technologies, the most favourable external conditions were, without well prepared and qualified personnel it is impossible to achieve the high efficiency of work and to meet an organisation's objectives. That's why human resources become a long-term factor of competitiveness and survival of a company.
Today organisations have its own human resource departments which are responsible for all polices and activities that impact employees. The human resource department is a crucial area of business success, as talented employees are a company's most important asset. Thus, human resource executives are tasked developing strategies that ensure employees contribute to the company's success. This is a difficult challenge, given that they must also increase efficiencies and reduce......

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Approximate Word Count: 7655
Approximate Pages: 31 (250 words per double-spaced page)

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