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There comes a point in each startup or learner business where you start to consider adding human resources to your structure.The problem is, for many productivity-focused businesses, the value of HR is not always quickly obvious.
Often, businesses can see they have a requirement, but don’t know if hiring a human resource professional will deliver a positive ROI.
Many selection not to field an HR team, then find that their concerns only develop more serious as the company expansion in size.Why Human Resource Functions are Important :So the question is, how essential are HR functions?
It can take months to go from initial job posting to hiring to peak productivity.Worse yet, there is the chance you will hire a poor fit for the position or for the company, causing friction down the road that could even result in the loss of a new employee.
Then you are hiring for the position all over again, and when turnover costs can be as high as twice the annual salary of the position, high turnover rates can bleed your company dry.Many managers lack satisfactory time in their schedule to give hiring the consideration it deserves, often resulting in less-than-stellar hiring decisions, lackluster onboarding processes, and high levels of frustration for managers, new hires, and their peers.
More than half the challenge of employee engagement is the possibility of progression and development in the company.Few people feel passionate enough about what they do that they’re willing to continue doing grunt work for the next 40 years.
