We know of human resources as the person within the organization who is responsible for the employee life cycle (i.e. recruitment, onboarding, training, and performance management) and administering employee benefits. Every organization has a plan to achieve their strategic goal by making optimum use of resources. HR plays a significant role in influencing the success of the organizational goal. Without proper human resource the strategic goal of an organization cannot be achieved within the timeframe.
Why is HR Important
HR Compliance
One of the key roles of human resources is bridging the gap between the organization’s strategic goal and compliance practices that influence people management such as hiring, onboarding, training, retention, and firing. Organizations can make more informed decisions that may minimize risk and keep HR compliance as an achievable goal.
HR compliance mainly centers around employee-related matters, including when and how to pay overtime, accurate classification of exempt vs. non-exempt employees, and ensuring non-discriminatory hiring practices.
Recruitment & Selection
Hiring is one of the key Human Resources roles. An HR manager takes care of key formalities such as promoting a job posting, finding potential candidates, screening resumes, running pre-employment background checks, scheduling and conducting interviews, and onboarding.
Performance Management
An HR manager needs to adopt a performance management system that will facilitate continual growth and success of the team in order to deliver the company’s objectives. By managing the performance of the employee, the team and organizational performance will follow. By raising individual and team levels of performance, organizational performance will drastically improve.
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