Human resources (HR) is a crucial function in organisations, managing and developing their most valuable asset - the people. It involves recruitment, on boarding, training, and fostering a positive work culture to ensure a productive and motivated workforce. HR plays a vital role in the overall success of businesses by prioritising employee well-being and professional growth.
However, sometimes people are not quite aware of the roles and responsibilities of HR.?
So let us discuss some other significant roles that Human Resources play in an organisation?like SPC:
- First, Human Resources at SPC?work closely with the leadership team to develop and implement HR strategies that align with the company's overall goals. This involves creating and executing recruitment and retention strategies, developing performance management systems, and providing ongoing training and development programmes to help employees grow and develop.
- ?They?ensure that HR policies and practices in SPC comply with all relevant laws and regulations, mitigating the risk of legal issues and protecting the company's reputation.
- They help create a positive and inclusive workplace culture that supports employees' well-being, fosters innovation, and encourages collaboration. This helps improve employee engagement, retention, and overall productivity.
- Next, HR manages employee compensation and benefits, including salary, incentives, health insurance, retirement plans, and time off. They ensure competitive packages and foster employee satisfaction and retention.
- They act as a strategic partner to other departments within the organisation, providing guidance and support on HR-related issues and collaborating to find solutions that drive business success.
- SPC is an organisation that believes?that their employees are their potential, and thus HR plays a crucial role in sourcing, selecting & on-boarding each candidate. HR reviews candidature,?analysing suitability to organisation culture & environment as well fitment of?the candidate to the required role. For the retention of employees,?SPC provides growth opportunities?by giving ownership & responsibility of tasks?to employees. Which helps them develop personally & professionally.
- Believing in transparency & fairness, HR at SPC complies with all policies & practices communicating the same to the employees at the time of the induction process.
- Practising an open communication policy, HR at SPC welcomes employee suggestions & works closely to solve their concerns. Being an organisation believing in continuous innovation & improvements, the employee gets support for their innovative ideas.
- Apart from keeping the workforce engage by organising employee engagement activities, SPC engages employees in a productive manner by providing cross-function opportunities.
- Providing attractive & competitive compensation benefits linked with the performances of employees & organisation, SPC practices an effective performance management system, whereby all HODs participates in defining measurable goals & expectation for their team, which can be reviewed & gives satisfactory outcomes to the process.
So to sum up, here are the core Human Resource Management functions:
- Manpower Planning & Recruitment
- Induction & orientation
- Performance management
- Learning and Development
- Succession Planning
- Compensation and benefits
- Industrial Relations
In summary, as HR professionals, they add value to the organisation by developing and executing HR strategies, ensuring compliance, creating a positive workplace culture, and acting as strategic partners to other departments. Thus, Human Resources is a significant resource of SPC Lifesciences Limited, helping to create a high-performing organisation that attracts and retains top talent and achieves strategic goals and not just recruits as many might have believed.
