10 reasons why HR is important to an organization
10
reasons why HR is important to an organization
Reasons HR is important to an irganization
Human resources is important to organizations in
myriad areas, ranging from strategic planning to company image. HR
practitioners in a small business who have well-rounded expertise provide a
number of services to employees. The areas in which HR maintains control can
enhance an employees’ experience throughout the workforce while strengthening
business operations.
1. Strategic Management
HR improves the company's bottom line with its knowledge of how human
capital affects organizational success. Leaders with expertise in HR strategic
management participate in corporate decision-making that underlies current
staffing assessments and projections for future workforce needs based on
business demand.
2. Wages and Salaries
HR compensation specialists develop realistic compensation structures
that set company wages competitive with other businesses in the area, in the
same industry or companies competing for employees with similar skills. They
conduct extensive wage and salary surveys to maintain compensation costs in
line with the organization's current financial status and projected revenue.
3. Analyzing Benefits
Benefits specialists can reduce the company’s costs associated with
turnover, attrition and hiring replacement workers. They are important to the
organization because they have the skills and expertise necessary to negotiate
group benefit packages for employees, within the organization's budget and
consistent with economic conditions. They also are familiar with employee
benefits most likely to attract and retain workers. This can reduce the
company’s costs associated with turnover, attrition and hiring replacement
workers.
4. Safety and Risk Management
Employers have an obligation to provide safe working conditions.
Workplace safety and risk management specialists from the HR area manage
compliance with U.S. Occupational Safety and Health Administration regulations
through maintaining accurate work logs and records, and developing programs
that reduce the number of workplace injuries and fatalities. Workplace safety
specialists also engage employees in promoting awareness and safe handling of
dangerous equipment and hazardous chemicals.
5. Minimizing Liability Issues
HR employee relations specialists minimize the organization's exposure
and liability related to allegations of unfair employment practices. They
identify, investigate and resolve workplace issues that, left unattended, could
spiral out of control and embroil the organization in legal matters pertaining
to federal and state anti-discrimination and harassment laws.
6. Training and Development
HR training and development specialists coordinate new employee orientation,
an essential step in forging a strong employer-employee relationship. The
training and development area of HR also provides training that supports the
company's fair employment practices and employee development to prepare
aspiring leaders for supervisory and management roles.
7. Employee Satisfaction
Employee relations specialists in HR help the organization achieve high
performance, morale and satisfaction levels throughout the workforce, by
creating ways to strengthen the employer-employee relationship. They administer
employee opinion surveys, conduct focus groups and seek employee input
regarding job satisfaction and ways the employer can sustain good working
relationships.
8. Recruitment and Onboarding
HR recruiters manage the employment process from screening resumes to
scheduling interviews to processing new employees. Typically, they determine
the most effective methods for recruiting applicants, including assessing which
applicant tracking systems are best suited for the organization's needs.
9. Hiring Processes
HR professionals work closely with hiring managers to effect good hiring
decisions, according to the organization's workforce needs. They provide
guidance to managers who aren't familiar with HR or standard hiring processes
to ensure that the company extends offers to suitable candidates.
10. Maintaining Compliance
HR workers ensure that the organization complies with federal state
employment laws. They complete paperwork necessary for documenting that the
company's employees are eligible to work. They also monitor compliance with
applicable laws for organizations that receive federal or state government
contracts, through maintaining applicant flow logs, written affirmative action
plans and disparate impact analyses.
Video link
https://www.gisma.com/blog/the-importance-of-human-resource-management
References
Armstrong, 1999. A Handbook of
Human Resource Management Practice. 1st ed. Kogan : Kogan Page Limited.
Cooper,
2011. The 2018 Human Resources Trends To Keep On Your Radar. 3rd ed.
Forbes: Criteria Corp.
As you well-written above HR is critical in developing, reinforcing, and changing an organization's culture. Pay, performance management, training and development, recruitment and onboarding, and reinforcing the company's values are all important aspects of business culture that HR oversees.good article.
ReplyDeleteHRM is important to every organization. You clearly mentioned that importance. Good article.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteYou have clearly stated how vital the fundamental function of HR is since HR plays a significant part in any sort of firm.
ReplyDeletewell explained about HR importency.Good luck
ReplyDeleteThe areas in which HR maintains control can increase an employees’ experience throughout the workforce.
ReplyDeleteMotivation also one of the main aspect that HR personnel must attend. Another part is while preparing letter of appointments they have to cover all the legal side. otherwise those will effect while working.
ReplyDelete