Just one second

 

How HR is Critical for Business Success

November 23, 2020by Ruth Chan

When asked about the most important component of a company, the Human Resources (HR) department is one that hardly comes up in the minds of employees. Truth be told however; the HR department is actually critical to the success of a company. Without an effective and efficient HR Team, it is impossible to recruit and retain talent within the company. Regardless of the size of a company, HR plays an integral role in ensuring that employees within a company are carefully selected and taken care of. The tasks performed by HR often go unnoticed, but it is important in providing employees a well-rounded experience. Here are some of the most critical HR Functions, and why they play a role in the success of a company.

 

  • Develops an Engaged Workforce

 

Employee engagement is seen as a common workplace problem. However, the HR team is always looking for new ways to improve the levels of engagement. For example, they may change hiring practices in order to attain the best fit for the position. Additionally, they may plan certain events in order to up the engagement rate of employees. The HR Department ultimately supports employee morale, which is pertinent in helping employees form a strong bond with the company, while also deepening their commitment to their goals. A company’s success is highly reliant on the success of its own employees, and that is exactly where HR comes in. The HR department is there to ensure the satisfaction of employees. If employees are dissatisfied or unhappy with their own roles, this can and will greatly affect productivity rates, and ultimately the company will suffer. 

Research has shown that engaged employees are directly linked to the success and productivity of a company. When employees feel recognised and engaged, this goes a long way in boosting productivity and this is exactly what an HR team should be aiming to do. JuzTalent has many features which allow employees to independently manage their time, claims and leave dates. The convenience of these features allows employees a higher level of convenience and as such, a higher engagement rate.

 

  • HR Leads Onboarding

 

It has been proven that a better onboarding process results in higher employee engagement, productivity and retention rates. As the central figure in recruiting activities, the HR team is responsible for onboarding new employees. This includes ensuring that new employees are introduced to their colleagues, familiarised with the office layout and thoroughly integrated into their new work environment. The onboarding process is important as this is essentially a new employee’s first impression as a worker at your company, and first impressions can show plenty about how much a company cares about employee welfare. It plays an integral role in helping employees determine whether or not they want to stay in a company for the long-run.

As HR leads the onboarding process for new employees, this can essentially be make-or-break as to whether or not employees decide to stay in your company long-term. A high turnover rate can disrupt workflow and be costly for a company, and a solid onboarding program can help remedy this.  HR Software such as JuzTalent can assist with the onboarding process. It gives new employees access to the organisation chart as well as allows them to create and manage their own profiles. This helps ease the onboarding process and ensures new employees are familiarised with the company at a faster rate.

 

  • Performance Management

 

Another responsibility of the HR Department is the development of performance management systems. A Human Resource expert is able to construct and plan strategies that aim towards improving and maintaining employee performance. Without this, employees may feel dissatisfied or stagnant in their positions. Furthermore, individuals who constantly fall below expectations may cost the company more money with their lack of performance. Furthermore, employee training is implemented by many HR departments to ensure that employees are consistently upgrading their skill sets.

A HR department is important to business success as it measures, plans and implements methods to monitor and improve employee performance. This leads to employees having a sense of purpose and belonging to the organisation. Furthermore, improved employee performance overall leads to a more successful company.  

 

From developing methods to improve employee performance to boosting morale and engagement, the HR department is responsible for much within an organisation. These ultimately contribute to a company’s productivity, turnover rate and employee satisfaction. All in all, these are important factors which impact the success of a company.  JuzTalent has multiple features which allow for HR tasks to be performed efficiently and conveniently, thus allowing for a higher employee satisfaction rate. HR is incredibly important to the productivity and success of a business and as such, should not be ignored.

 

Copyright 2020. AYP Group. All rights reserved.

Copyright 2020. AYP Group. All rights reserved.

Copyright 2020. AYP Group. All rights reserved.