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the 3 Rs of staffing = recruitment, retention, rewarding.

Additional vital functions of a human resources department include devising and making operational the organizations medical benefits.

HR departments also insure that the organization is in compliance with all State and Federal Laws.

HR departments also insure that employees who are fired receive the companys proper severance payments.

Above in the first answer I see rewarding. Well this is a complex matter. The HR departments preform salary surveys to insure that overall compensation plans meaning direct pay and that bonus programs are also competitive.

HR is also a place where employees and mangers can receive balanced advice to insure everyone gets a fair deal.

By solving employee disputes at all levels of the company costly turnover and firings may be avoided.

In many companies such as financial ones there is no inventory problems as money doesn't require storage space thus the most important asset in a bank or insurance company are its employees. This makes good HR policies a top priority. I should note that from an accounting point of view all employees who must be paid a salary are listed by the Accounting Department as liabilities.

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Q: What are the main activities carried out by a human resources department?
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