Posted on Dec 20, 2017
- For most businesses, their workforce is not only their biggest asset but their largest expense. No matter how small or large the business, strategic management of and investment in the workforce can make a huge impact on the bottom line.
- From complying with State and Federal laws to creating work environments that make employees content and productive, to recruiting and keeping top employees, without a good HR foundation in place, overall organizational performance suffers.
- All it takes is one mistake when hiring or terminating an employee and you could get slapped with a lawsuit. If you don’t know Federal and State employment requirements, you could be putting yourself, your business and your reputation at risk. To avoid lawsuits and internal conflicts, retain an HR professional who can help you maintain compliance.
- Many organizations have some policies, programs or structures that don't support growth. An HR professional can determine if your compensation and bonus plan rewards the desired behaviors or if your policies or benefits are flexible enough or make sense for the current business environment.