Final answer:
A human resource inventory includes the accumulated skills, names and ages, and education and training of employees but not their salary levels. It is part of the broader human capital development within HR management. Professional HR practices can help reduce hiring biases and improve overall workforce quality.
Step-by-step explanation:
A human resource inventory of an organization's employees would typically include details about the accumulated skills and education of workers, known as human capital, along with names and ages of employees, and their education and training.
However, salary levels of employees are generally not included as part of a human resource inventory as the inventory focuses on the capabilities and qualifications of the workforce rather than their compensation. This is particularly important in the realm of Industrial Revolution where the workforce's skill sets needed to evolve with the introduction of power-driven machinery.
Personnel selection is aimed towards recruiting the best candidates, sometimes focusing on personality over existing skills with the understanding that missing skills can be taught. Professionalizing human resources functions may help to reduce bias in hiring processes and promote equal opportunity programs. It is worth noting that improving human capital often requires investment in employee health, skills, or knowledge development.