Preview of Explain the Responsibility of the Human Resources Department:

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Explain the Responsibility of the Human Resources Department

Within any business the Human Resources department is a vital
functional area. The department?s main role is to ensure the welfare
of employees and make sure any problems are resolved quickly and
efficiently whether internal or external. Although this is the main
function of the department there are also a number of other roles the
Human Resource department handles within a business:

Ø Development and monitoring employee appraisal system
Ø Overseeing industrial relations
Ø Dealing with disciplinary
Ø Paying Salaries
Ø Redundancy
Ø Training and development
Ø Recruitment and selection

All the above are typical functions carried out by the human resources
department, as they are clearly linked to employees and problems they
may have. Although the above are typical functions carried out by the
human resources department there are sometimes other functions that
are specific to certain businesses that have to be dealt with when
they arise.

HSBC

I will be studying a part of HSBC that was formally known as Merrill
Lynch. Merrill Lynch was set up in 2001 and aimed to revolutionise the
way in which investors banked. In July 2002 HSBC took over 100% of the
ownership of Merrill Lynch and it was now part of the HSBC group. The
telephone call centre that was opened near Leamington Spa?s ?Spa Park?
created hundreds of jobs for people in the surrounding areas.
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