Competence (human resources)

Competence (human resources) means how much knowledge and skills a person has for doing a job. It is important for companies to make sure their employees have the right competence needed to do their job so that they can do it well and help the business succeed. For example, a company might make sure they hire accountants with the right qualifications, experience, and expertise in finance. This ensures that the accountants have the right competence to properly do their job and manage the company's finances.