6 Jun 2017, 08:30 — 2 min read
Robert Siegel said “If you think of HR as the notion of the chief people officer, in many respects it’s probably the most important function in a company”. Entrepreneurs who understand this and put a Human Resources framework in place build a positive culture in the organisation succeed. It is essential to have an HR framework at this early stage to attract and retain the right talent.
Key HR processes that SME/Startup need to focus on are:
1. Identifying and recruiting the right group of talent.
2. Creating appropriate job descriptions to attract suitable talent
3. Compensation structures
4. Dividing job roles/responsibilities within the company as it grows
5. Ensuring ongoing constructive communication among team members
For many SMEs, especially those that are starting out, HR services are a luxury that are more often than not foregone. It is understandable if a small organisation does not wish to have a dedicated HR team. But in such a case, outsourcing HR services provides an alternative which is not only reasonable but provides the right platform for organisations to grow.
Also, in light of budget constraints, outsourcing HR becomes a more realistic solution to SMEs in need of HR services.
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Posted byShweta Ojha
I am an adventure seeker, evolving into a career women from being a Homemaker. Academically, I am a Banking and Business Finance Professional, with PGDCA qualifications, and...
23 Aug 2018, 09:30
8 Aug 2018, 11:47