It is to provide structure for managing an entity’s most important resources – it’s employees. By way of collective functions such as personnel sourcing and hiring, skills development and tracking, payroll management, benefits administration and compliance with associated government regulations, human resources is essential in an organization’s ability to meet its business needs, goals and objectives.
A human resources role is a critical component of employee well-being in any business, no matter how small.
Payroll Administration
Includes producing checks, handling taxes, and dealing with paid time off.
Employee Benefits
Includes health, medical, disability, life insurance, and 401(k) retirement plans, etc.
HR Management
Includes overseeing recruiting, hiring, firing, and personnel performance. This also includes federal and state agency employment compliance, employee relations, onboarding and offboarding, and wage and compensation review.
Risk Management
Includes workers’ compensation, dispute resolution, safety inspection, office policies and handbooks.