An HR department can set the tone for a whole company by who it hires, and the kind of culture it allows and encourages. Managing the HR functions of your business is important to your professional image as well as your company’s bottom line. Finding good employees may be what most of us think of when we hear “HR”. But that is far from the only function that HR departments concern themselves with.
Besides handling employee benefits, training, records, and disciplinary matters, HR departments do payroll and arrange employee health and wellness programs. Running an HR department takes a lot of time and work. So if you’re a small business owner and managing employee issues is not your forte, consider hiring an outside HR company to manage them for you.
Here are three important HR functions that you can manage with the help of a third-party HR firm.
1. Employee Perks and Benefits
Employee benefits are one of the core HR functions that lead to business success. Happy employees, make happy companies! And employees who get great benefits in addition to pay tend to stick around.
Besides health insurance, many companies offer other great employee perks. These include the ability to share in company profits, discounts to area attractions, or travel discounts.
Some companies offer employee helplines that specialize in stress management or legal advice. Other popular employee perks include moving help, rental car discounts, and industry-specific bonuses.
It takes time to select and maintain these employee programs. So company managers rely on their HR departments to handle the bulk of this work.
2. Training and Professional Growth
Human resource management revolves around the people that make up a company. So part of good HR management is investing in employee development and training. For example, HR departments typically set up seminars that focus on career-oriented topics.
The HR department is directly responsible for setting the tone of the company. It oversees how a company addresses problems and deals with bad behaviors.
Successful HR departments often seek to cut disciplinary activity by providing constant training. They tend to prefer remedial options over harsh policies for all but the worst scenarios.
3. Job Descriptions and Employee Selection
The recruitment function of HR means that HR managers have to stay familiar with the needs of the company. They should be able to predict when a department will need extra manpower and what kinds of skillsets they will need for the work.
HR managers should be comfortable interviewing new employees and making hiring decisions. In most cases, they will work with a department manager or company owner to make the right talent selections.
How to Know if Outsourcing Your HR Functions Makes Sense
If you do choose to turn over your company’s HR functions to a third party, it’s important to go with one that’s got experience. Our company has a ton of experience working with satisfied customers.
We are available to manage HR functions all over the United States. We do everything from payroll and bookkeeping to providing Controller and CFO expertise.
If you would like to schedule a consultation to see how we can help your business grow, contact us here. We work with small to medium-sized companies, as well as large corporations.
Feel free to check out the testimonials on our website, and read our blog articles. We look forward to meeting you and finding out more about your business and how we can help!