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Human Resource Guide - Forming or Expanding an HR Program |
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Not long ago Human Resource functions were basically centered around payroll, benefit management and employee relations. In small businesses this was often handled by the owner or president and as the business grew so did the time spent handling this work. Over the years businesses have seen many changes since the turn of the 20th century, the industrial revolution has changed our society forever and businesses unwilling to embrace the revolution and utilize its benefits soon faded away. In the 21st century, the human revolution is changing the way that business is conducted in a similar way, No longer are assets determined just by the square-footage of a building, but through the strength of a companies human capital as well. With this fact, the only difference between you and your competition are your people! Human capital is defined as individuals, as well their collective skills, talents, and capabilities. The benefit and value an organization realizes from its human capital investment is directly proportional to the quality of its human resource strategy, processes and overall management. The outcomes of an organizations HR process are critical to enhance leadership, managerial competency, employee efficiency and workforce collaboration. Today the Human Resources function covers a wide variety of areas which fall under an organization’s umbrella, as follows:
As you explore this site you will find information about Out-Sourcing vs. In-House HR programs, Strategy, Structure, Training & Development and Staffing.
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This
site presents valuable information for either forming or expanding a
Human Resource (HR) program for your business. 