The term ‘Human Resources’ was first coined by John R. Commons, a pioneering economist in his book The Distribution of Wealth in 1893 – a time when workers were still very much seen as capital assets, adding financial value, but not much else, to any business.
Obviously, over the years, HR’s function has changed – perhaps to the point of being unrecognisable, yet whilst it has for decades been the basis of resolution and equality within the workplace, what does the term stand for in the modern era, how does the ‘people function’ sit in its ecosystem and, perhaps more importantly, is it still relevant?
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