Many small businesses wonder about the importance of human resources! Regardless of the size, having a human resource cell has become integral for the success of small to big corporates. The human resources department of an establishment is intended to focus on enhancing the satisfaction and involvement level of employees and their overall productivity. As per Charles Spinelli – the objective of HR involves providing a healthy and productive work environment for every employee. To know why having HR is so important, keep reading.
Hiring Talented Employees
In most organizations, HR managers remain responsible for recruiting top talents. From advertising the job posting in different job portals to social sites, screening only applicants to ensure that candidates called for interview meet the job requirements, interviewing, salary negotiations to background checks before hiring are carried out by them. HR often develops an incentive-based referral program for current employees to encourage them in sharing job openings within personal as well as link-minded circles to attract new talents and boost employee satisfaction.
Training and Development
Human resource cells are responsible to conduct assessments of employees to determine the level of training they require for developing their skills to perform their jobs efficiently. In this fast-evolving world, job training is not only important for new employees but also for existing employees. Mostly this job is allocated to the HR department. Depending on the job requirement, HR and management may work together to hire more skilled and specialized professionals for training and development to get the best outcome. Not only does this helps businesses to have a competitive advantage but also brush employee skill level, improve employee retention, and lessen turnover.
Conflict Resolution
Conflicts in any workplace are nothing strange; no matter, how satisfied the employees, cooperative the co-workers, and the managers are. With the diversity of individualities, work styles, skill levels, ages, experience, and viewpoints, – arguments, disagreements, and disputes may take place. An HR manager is specially trained to deal with identifying and resolving such conflicts between an employee and a supervisor or two employees at the root and thereby restore positivity in the professional relationships all through the organization. This strengthens the bond among employees, fosters coordination, and boosts corporate productivity,
Maintaining Corporate Culture
Building and maintaining a positive business culture is a must-have to boost employee engagement, job satisfaction as well as employee retention. According to Charles Spinelli, HR has a major role to develop, reinforce and boost the culture of a business. it begins with defining the business culture to diligent hiring, incorporating the values in the onboarding process, letting newcomers know about the standards, developing and maintaining tradition, recognizing employee achievements, rewarding the performers, and organizing different events like hosting a party, celebrating employee birthday, work anniversaries and so on.
Budget Control
The HR department also remains responsible to develop solutions to lower costs related to workforce management. This helps avoid unwanted spending that can affect the company’s profitability. Budget control is not an easy task and it should be implemented through effective negotiation for having concession rates towards employee benefits like healthcare insurance. The human resource department should also study the labor market while assessing the trend of salaries based on various job functions and make sure that the salary standard offered by the company is realistic and competitive. Importantly, to attract top talents from the marketplace, higher salaries with more facilities may require to be offered, while cost control can be implemented in other areas.
