Human resources is an asset to any corporation for many reasons. One very important reason is that without it, the company is not protected. There are many dishonest people who would gladly take advantage of a company for monetary purposes.
They are also responsible for hiring and firing people. The people in HR do background checks to make sure that qualified individuals are hired. They also terminate employment.
They also deal with insurance, sexual harassment, and labor relations.
I think the main idea here is that HR protects companies. Without it, the companies open themselves up for numerous legal issues that could break them. In addition, they protect the employees themselves as well.
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