Financije

Financije (Finance) refers to the management, creation, and study of money and investments. In the context of human resources, it often pertains to the financial aspects involved in payroll, budgeting for employee salaries, benefits, and training programs. Effective financial management in HR includes allocating funds efficiently, ensuring compliance with labor laws regarding compensation, and analyzing the cost-effectiveness of hiring and personnel strategies. Financial decisions in HR impact not just employee remuneration but also overall organizational performance and sustainability. It encompasses understanding financial statements, conducting cost analyses, and maximizing return on investment in human capital.