This article is for startups and SMEs who are going through a period of commercial growth and as a result are toying with the idea of investing in human resources to better manage growing numbers of employees.
For a fast-expanding company, HR is one of the most important matters to address – and one that will affect any step up to become a bigger, more successful organisation. The two points below will make the decision clearer for you – simply read the cases made under the two headers to help you decide what’s right for you.
Yes, you should invest in human resources
If you want to build a strong team of professionals, it’s difficult to do so without good human resources support. HR professionals are responsible for recruiting and training employees, motivating them, ensuring workplace communications are sufficient, and monitoring ongoing performance.
Without the right people in place to take care of all this, you are likely to succumb to serious operational problems, not least a lack of time and resources to dedicate to your employees alongside your own important day-to-day tasks.
If you are already struggling and are unable to dedicate time to HR activity such as employee development, it’s probable that the situation will only worsen – this is when proper plans should be put into place, to ensure you can develop strong and effective HR.
Finally, signs such as unhappy employees, a poor track record of recruitment and staff ill-equipped to complete their tasks are clear signs that you need to hire someone to manage these tasks.
No, it’s not the right time
We’ll be honest, the benefits of a strong human resources department mean that it's generally always a good idea to have HR professionals to help your organisation. There are mitigating circumstances where it might not be necessary, which we’ve outlined here for you:
- The business is growing but you aren’t looking to hire more staff
- A current employee can manage HR activity alongside their existing role
- Employee acquisition, satisfaction and retention is good
- Your budget doesn’t stretch far enough
These situations are always likely to change in the world of business, so it’s important to look for any warning signs (outlined in the section above) that will tell you that the time is right to go out into the jobs market in search for HR pros.
Find skilled human resources staff with Portfolio
If after reading this post you have decided that hiring a human resources professional is the way to go, you should speak to Portfolio – we are experienced in finding the right people for the job.
Our recruitment experts find professionals who help take companies forward – professionals who can implement the most suitable ideas when it comes to training, employee appraisals, managing disputes and external public relations.
We’re based in prestigious offices near Liverpool Street in the heart of the City of London – email us at email@example.com to get the ball rolling.