Financije

Financije (Finance) refers to the management, creation, and study of money, investments, and other financial instruments within an organization or economy. In the context of human resources, finance encompasses activities related to budgeting, compensation, payroll, employee benefits, and funding for HR initiatives. Effective financial management ensures that an organization can attract, retain, and motivate employees through appropriate compensation strategies and benefits programs. It plays a critical role in determining how financial resources are allocated to support staffing needs, training and development, and overall employee welfare. Understanding finance is essential for HR professionals to align HR strategies with the organization’s financial goals, ensuring sustainable growth and profitability.