8 Main roles of Human Resource (HR)
Human Resources (HR) play a crucial part in an organization's overall performance. Recruitment, performance management, and the development of skilled staff are just a few of the responsibilities it performs in an organisation. Payroll and HR services are vital for managing a company's critical functions. Before you can learn about the eight main roles of HR, you must first understand the basic concept of HR.
Recruiting and attracting highly qualified employees takes time and effort. In addition to scheduling interviews, screening, and communicating with a large pool of applicants, HR professionals must ensure that employees are a good fit for the organisation and the team. In addition, the HR department is in charge of overseeing the entire recruitment and onboarding process in order to make a positive first impression and ensure that every employee is able to perform their job.
2. Performance management
Employee productivity and motivation are dependent on effective performance management. Effective performance management necessitates strong leadership, clear goal-setting, and candid feedback. Performance management can also help close the gap between your existing workforce and the one you want in the future.
Once the best candidates have been found, the HR department will be in charge of training them to do their jobs effectively at the organisation. Even professional employees have room for improvement, and progressive companies place a premium on giving employees the chance to develop their skills in ways that benefit both the individual and the firm.
4. Career planning
Career planning is an important element of HRM because it involves giving employees assistance in order for them to succeed in their careers. Demonstrating how an employee's objectives might be matched with the company's future can help with employee engagement and retention. A robust and efficient HR department of a firm may help with succession planning, increased productivity, and a stronger employer brand.
The role of human resources in the formulation and implementation of health and safety standards is critical. Making these policies part of the company culture is one of HR's major tasks. In addition to encouraging pleasant working circumstances, HR should have an open-door policy for taking criticism and dealing with workplace misbehaviour that could escalate to hostile work settings.
Many companies now provide complimentary nutritional snacks to their employees in order to foster healthy habits, increase productivity, and improve employee well-being. As a result, HR must ensure that the best health and safety requirements are followed throughout the company.
It's difficult to overestimate the value of praising employees for their contributions. Compensation and benefits are important factors in attracting the finest individuals for the position and the company. Depending on the field, country, and culture, these will vary. Companies can also hire accounting services in Malaysia to handle the process of calculating and awarding incentives to staff based on their performance.
In many countries, health insurance is often included in job offers. On the other hand, the entire rewards framework indicates that incentives are more than just money. They can have a psychological effect as well.
If you want to provide competitive incentives to encourage your employees, you must first understand who your competitors are and what the market need is. Furthermore, the HR department is typically involved in evaluating and developing reward programs that recognise and promote exemplary performance. In some circumstances, little, intangible, or personal gestures can be just as valuable as monetary remuneration.
7. Legal compliance
At your place of business, there are likely labour laws or other regulations in place that govern the relationship between employer and employee. The HR team must be aware of these legal problems in order to ensure that both the company and the employee are protected. Examples include employee contracts, payroll regulations, regular leave computations, and government and tax reporting.
8. Establish company brand
Human Resources play a critical role in the development and maintenance of a company's brand. Much like on-the-job training trains employees to complete jobs, introducing new workers to the wider organisational work culture is critical to ensure they feel included and are aware of how to communicate and interact with others. This is also linked to a business's brand.
Aside from these eight primary functions, HR is also responsible for collaborating with different other departments within the organisation to ensure that operations are efficient and those business objectives are met. You can acquire professional help from experts in completing these tasks at your company by engaging professional payroll and HR services.