I fished commercial salmon in Alaska for a short time (on vacation, if you can believe that), and learned what the pros up there do for cracked and bleeding hands. They use Bag Balm, which is available at tack & feed stores and Costco.
It comes in a square green tin and looks like Vaseline. The product is used in the dairy industry to make the teats of milk cows heal up between milkings.
Farmers discovered that it works well on human hands as well. It will heal hands overnight, including small cuts that can hurt.
When you apply the balm, it feels real greasy until it gets absorbed by the skin, which can take 20 minutes or so. I usually use it just before bedtime, and will put cotton gloves on if I can't wait for the greasy condition to dissipate.