Why Human Resources (HR) is important to an Organisation?
Human Resources – a department within organisations that helps in ensuring a smooth workflow within the teams and members of the company. They are also defined as the most loved and the most dreaded department of any organisation. Loved – because they give you good news of your promotions, appraisals, and so on; dreaded – because they have the power to fire you based on the review from your seniors or managers.
Importance of the HR Department in Any Organisation
To give you an overview - the human resource department, commonly known as the HR Department, is one of the backbones of any organisation that helps in the management and development of the employees associated with it. They help in ensuring that the employees can work comfortably so that their work efficiency increases. Gone are the days, when the HR team was responsible only for recruitment, firing or appraisals; today, they are more than that.
The HR department in today’s millennial age is responsible for ensuring the well-being of the employees, conducting various training sessions for them, arranging friendly team meetings, keeping the workforce motivated and active through various engaging activities and much more. The work of an HR is more than what meets the eyes. And to give you a brief idea of the same, here are a few reasons why the human resource department is important to an organisation.
1. They Help in Strategic Management
One of the most important reasons that explain the importance of the HR department is their ability to manage the entire workforce very strategically. The HR department helps in improving the company’s capital efficiency with their knowledge of how workforce capital can affect the success of the organisation, how it can be managed, and so on. They undertake decisions on the current staffing assessments and makes projections on the future need of the staff based on the business demands.
2. The HR Department Takes Care of the Salaries
The human resource department of any organisation is in charge of setting the wages or salaries of the workforce while keeping in mind the margin that the other organisations of business alike are offering. It is said that every industry has a salary percentage that organisations need to maintain. Of course, organisations do have the leverage of increasing or decreasing it by a particular margin. Here is when the HR department comes into the picture. They conduct surveys on the same and ensure that the recruits are offered the best in the industry while keeping in mind the financial status and estimated revenue of the company.
3. Safety and Risk Management
Ensuring safety within the organisation is very important and the human resources department helps in affirming that. The HR department is responsible for making sure that frequent safety training sessions are conducted with the workforce, conducting sessions that explains the importance of safety and risk management, and so on. If the organisation is into manufacturing and similar industry, the HR department makes sure that employees are wearing the safety gear properly; train them to handle dangerous equipment in the right way, and much more. In addition to this, maintaining accurate records, coming up with programs and initiatives that promote safety and awareness within the company as well as help in reducing risks are some of the safety and risk management duties that the HR department undertakes.
In addition to these, minimising liability issues, ensuring fair practises within the organisation, analysing benefits that are advantageous to both employees and the company, and so on are some of the other reasons why the human resources department or the HR department is a crucial part of an organisation.