The HR department manages the most important asset of a company, i.e., its employees. While large organizations have HR departments with dedicated professionals for every aspect of managing employees, small to mid-sized companies often make the mistake of not hiring enough HR professionals.
With new start-ups popping up post-pandemic, it is essential to emphasize the importance of having a functional HR department for new businesses.
As a new business owner, you must hire for the following three HR roles:
HR Personnel
An HR personnel is responsible for managing the information regarding employees in the organization. This includes keeping track of employee schedules, working hours, leaves, and overtime. As a result, HR personnel is also responsible for handling payroll. At the time of increment or promotion, HR personnel may also conduct employee performance evaluations.
They may also be required to write and publish vacancy ads and sort potential candidates’ profiles among the applicants. While small businesses can thrive with only one HR personnel, medium-sized organizations must hire at least two to three professionals for this HR role.
HR Compliance Officer
With the Great Resignation followed by quiet quitting, having an HR compliance officer on board is essential for every business, big or small. Most start-ups face lawsuits for discriminatory practices, not fulfilling employees’ rights and business malpractice. A compliance officer can save your business by ensuring that all your employees are treated fairly and following state and federal laws.
An HR compliance officer is especially important for businesses operating in potentially dangerous industries. This HR role will ensure that your business provides all the necessary safety equipment and takes all the measures to keep the workplace safe and practical.
If you believe you don’t need a full-time HR compliance officer at your workplace, fill it in part-time or sign up for consultancy services. However, even if you fill this HR role full-time, it would be cheaper than losing all your assets and capital in a lawsuit.
HR Manager
This HR role is one of the most important positions to keep a business running smoothly. An HR manager’s responsibilities include interviewing potential candidates, recruiting the right talent, planning HR campaigns to build trust and confidence between employees and management, resolving employee issues, retaining employees as needed, training and onboard employees, managing the human resource fund, and helping the organization grow its human resource asset.
They are also responsible for supervising HR personnel and compliance officer. As a company grows, the HR manager becomes responsible for managing a bigger team, dividing responsibilities among HR personnel, and ensuring that the company fulfills all legal requirements.
Establishing an HR department in the company should never be an afterthought. Businesses that don’t realize the importance of these HR roles often don’t last long enough to correct their mistake.
As a business owner, consider establishing an HR department as a long-term investment. You only have to find the right people once when hiring for HR roles to not have to worry about finding talent ever again.
