Human resources are defined as the people employed by a company or the department in a company in charge of hiring, training, benefits and records. An example of human resources is the department you would speak with to get more information about employee benefits.

It drives employee engagement, job satisfaction and staff retention, and it defines business success. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by HR.

Some of the major reasons why people choose a career in HR is the opportunity to influence innumerable aspects of the organisation, to assist in the development of its employees, and to play a part in influencing strategic business decisions.

Human resource is considered to be the best resource because humans can make the best use of the resources if they have knowledge, education and technology to do so. In fact human resources are superior to other resources such as land and capital because they make use of land and capital.

Human resource is considered to be the most significant resource of a country, which directly contributes to the countries economy with its productivity.

The human resources are the most important assets of an organization. The success or failure of an organization is largely dependent on the caliber of the people working therein. Without positive and creative contributions from people, organizations cannot progress and prosper.

Employees are major contributors to profits and worth of the organization. It goes without saying, but employees can’t be given a monetary value for the effort they put in to help the business earn profits. Therefore, employees are the most valuable assets an organization has.

“Your most valuable asset is not your car. Your most valuable asset is You. The present value of your future income is the most precious thing you have, and the greatest investment you can make is one into yourself.

Personal Assets

• Cash and cash equivalents, certificates of deposit, checking, and savings accounts, money market accounts, physical cash, Treasury bills.
• Property or land and any structure that is permanently attached to it.
• Personal property—boats, collectibles, household furnishings, jewelry, vehicles.

Something or someone that is an asset is considered useful or helps a person or organization to be successful. Our creativity in the field of technology is our greatest asset. The assets of a company or a person are all the things that they own. Further probing revealed that the company had assets of $1.5 million.

The short answer is yes, generally, your car is an asset. Your car is a depreciating asset. Your car loses value the moment you drive it off the lot and continues to lose value as time goes on.

The 15 Strongest Assets You Can Bring to a Company

1. Collaboration. Being a good team player can benefit the workplace as it fosters creativity, communication and amicable relationships.
2. Passion.
3. Confidence.
4. Ambition.
5. Reliability.
6. Self-awareness.
7. Grit.
8. Communication.

The best example of an asset is the necklace someone is wearing. An asset is a resource with economic value that an individual, corporation, or country owns with the expectation that it will provide a future benefit.

Land is NOT an example of intangible assets. An intangible asset is an asset that is not physical in nature.