Four Reasons to Embrace HR
I’m sure you’ve heard all about the important role HR plays in an organization…
“HR is an integral part of everyday operations of an organization.”
“HR supports your most valuable asset – your workforce.”
“HR is an undervalued resource.”
“HR deserves a seat at your executive table.”
Blah, blah, blah.
We’re here to say enough is enough!
It’s Time to Put Up or Shut Up
Stop saying CEOs should value HR and start demonstrating why they should.
We’ve come up with 4 compelling reasons to love your HR department:
1: They help attract and retain top talent
Talent management tops the list of things that keep CEOs up at night. With help from the right technology, HR can be instrumental in helping build your A-team. Robust applicant tracking systems help streamline the hiring process (including posting jobs, collecting resumes, and communicating with candidates) so that HR can focus on strategically placing the right people in the right positions, creating an efficient (and cost-efficient) workforce.
As you know, hiring is much more than writing job descriptions and fielding resumes, it’s about creating a highly sought-after employee experience and positioning the company in a way that attracts and retains top talent. HR helps with this too.
2: They keep the company free and clear from lawsuits
The number of laws and policies in which businesses must comply with is dizzying: The Fair Labor Standards Act, FMLA, Employee Retirement Security Act, and the ACA are just a few.
Not familiar with all the nuances associated with all of these? No worries, your HR department has your back. They are there to help you navigate them all, assuming they are armed with the tools needed to run the reports that are necessary to analyze the data and make critical decisions.
3: They ensure open lines of communication
Your HR department plays a pivotal role in making sure all employees feel connected. Connected employees are more engaged, and engaged employees are more productive. Too often messages get tied up at the highest level and never make it down to managers and employees.
HR can help ensure the right message is communicated through the employee handbook, during onboarding and orientation, and throughout all internal communication methods (such as the company intranet site or employee portal.)
Lastly, don’t overlook the important role HR plays during the most difficult conversation of all – when it’s time to let an employee go.
4: They shape company culture
Creating a favorable company culture is as important as creating a business strategy. Culture is an integral factor in job satisfaction and has become a significant differentiator in attracting and retaining talent.
Leadership sets the tone for the company which funnels down though the rest of the organization. With a finger on the pulse of the company, HR can serve as the liaison between upper management and employees.
According to Chip Luman of HireVue for the SHRM blog, by hiring for cultural fit and coaching management and employees, HR “does have the ability to influence leadership to steer the culture in the right direction and nurture an environment where employees enjoy coming to work and performing their jobs.”
Dive Deeper With Your Free CFO Guide To HCM
Want to take a more strategic approach to managing your workforce? This guide will give you what you need to for better collaboration with HR, attracting and retaining talent, and identifying soft costs, and of course several other key topics for CFOs.