What does bp mean?

BP refers to base points in the banking industry; BP refers to business partners in personnel.

1. BP refers to the basis point in the banking industry. The English name is Basis Point. It is often used to measure spreads or exchange rate changes. It is usually the smallest unit of change in the exchange rate. The value of 1 basis point is usually 0.0001, but for USD/JPY and EUR/JPY it is 0.01.

Interest rates are very sensitive, so when the People's Bank of China adjusts interest rates, it does not use percentage points to adjust, but uses a basis point less than a percentage point to adjust. A slight change in the benchmark interest rate can have a big impact on the market. For example: The People's Bank of China raised the loan interest rate by 0.27 percentage points on April 28, 2006, and raised the interest rate again on August 19 of the same year, raising the one-year deposit and loan benchmark interest rates by 0.27 percentage points. Everyone paid a lot more interest.

Due to the sensitivity of interest rates, the People's Bank of China will be cautious when regulating interest rates, using base points to conduct multiple adjustments to ensure the smooth operation of the market economy. Interest rate is the price of funds and can be used as an adjustment tool to balance the supply and demand of funds. If prices rise too high, the People's Bank of China will often raise interest rates to curb inflation; if prices are too low and deflation occurs, the People's Bank of China will consider lowering interest rates to help the economy get out of trouble. One basis point is only 0.0001, which seems lighter than a feather, but is actually heavier than Mount Tai.

2. BP= business partner, refers to business partners; HR=human resources, refers to human resources

HRBP is the human resources service manager. The main job content is to be responsible for the implementation of the company's human resources management policy system and institutional specifications in each business unit, assist the business units in improving human resources management, and develop the human resources management capabilities of cadres at all levels in the business units.

HR BP is the "human resources partner": providing human resources support for corporate mergers and acquisitions in the development and implementation of corporate strategies, human resources policy matters, etc. The establishment of this position is equivalent to building a bridge between the business department and the human resources department, which can make recruitment closer to the needs of the employing department.

It must be said that this position was born out of the needs of the market. A company with diversified management has too many departments and huge differences in business. It is impossible to use the same human resources recruitment system and needs to be unique. , at this time, the importance of HR BP is reflected.