Water the roots, not the apples.
Employees are the roots of any organization, as the company derives its true strength from the employees. Therefore, it is essential to nurture these roots, which is why every company needs an HR department.
The human resource department works as a bridge between the leadership and employees. They work towards making employees feel safe, valued and supported. As a result, companies with a robust HR system see higher retention and employee satisfaction rates.
Many organizations, especially small and growing ones, are often hesitant to allocate a budget for the HR department, considering that it does not contribute to the company’s growth like sales or marketing teams. However, this is a myth that needs to be busted.
It becomes difficult for an organization to grow when facing internal conflicts, hiring problems or compliance challenges. Therefore, the HR department is vital for every organization, whether small or big.
RECRUITMENT AND ONBOARDING:
It is essential to find the right people to grow the business. On the other hand, hiring the wrong people, too many or too few, can make your business suffer. A good HR team takes care of the recruitment and onboarding process, which helps employees adapt to the organization’s culture and increases retention.
PERFORMANCE MANAGEMENT AND TRAINING:
Employees that join the organization may come with skill gaps. The HR department can help fill the void through performance management, training and development exercises. It increases employee engagement, enhances productivity and, most importantly- creates a positive work culture.
CREATING A STRONG CULTURE:
It is crucial for companies to create a culture that motivates employees, provides them with job satisfaction, and defines Standard Operating Procedures (SOPs). Thus, HR plays a layered role in developing, reinforcing and changing the organization’s culture. In addition, the HR department brings the organization to a higher trajectory by introducing policies and values related to pay, performance management, training and development.
EFFECTIVE COMMUNICATION:
Effective communication reduces misunderstandings, increases employee engagement, and improves client relationships. With their expertise in dealing with humans, HR professionals are master communicators. Their communication skills can take the business growth a long way.
COMPLIANCES:
Organizations of all sizes have to abide by employment laws and government compliances. As a leader of a growing organization, it becomes difficult to address frequent regulatory requirements. The HR department can prevent employers from making expensive mistakes that can run them into trouble or attract penalties.
In the crux of all, the HR department is as vital for the company’s growth as sales or marketing. If it is inconvenient to develop an in-house HR department, you can outsource HR functions to virtual HR service provider companies like Huminivex and leverage their expertise to manage your company functions in a better way.