No matter what’s the size of your business, you can’t ignore the important role played by human resources department in ensuring the overall growth and success of the company. Many small business owners don’t understand the importance of HR departments. They think that it decreases the profits, restricts their freedom and move their attention from core issues of the company.
All these negatives thoughts in many business owners’ minds have created a wrong image for human resources. There are numerous myths about human resources which have been circulating for a long time now. It’s the right time debunk some of the most common myths about human resources. Have a look.
- Myth Number #1 – HR Outsourcing Directly Indicates That There’s No Need For An In-House HR Manager
No, this not true at all and actually HR function on three tiers, which are the long-term/strategic perspective, the mid-term corporate/operational goals, and the daily/transactional activities. HR outsourcing might sound like a big competition to any in-house HR manager. However, this myth is far from the reality and usually HR outsourcing firms need an internal presence. An in-house HR manager can act as the link between his/her company and the HR outsourcing firm.
- Myth Number #2 – Human Resources Is Very Expensive
It’s a bit difficult thing to analyse the cost of the human resources department because they work more as a proactive rather than reactive in most of the cases. However, HR department reduce significant amount of expenses by applying various methods such as current wage analysis, quality hiring practices, effective employee engagement. Having an HR department protects the financial investments and liabilities of the company.
- Myth Number #3 – By Outsourcing HR, I Will Lose Control Over My Company
No! This is one of the most common misconceptions about the HR field which makes many businesses to stay away from it completely. In reality, the HR outsourcing firms act as a business partner for their clients and offer numerous benefits which their clients haven’t even imagined. HR department (whether internal or outsourced), only serves as the business partner of your company and strives to ensure success for both the parties involved.
- Myth Number #4 – Small Businesses Don’t Need Human Resources
As the business world is evolving at a rapid speed, it has become simply impossible to survive or grow without HR services. Every company moves forward on the success path because of its expert and hardworking employees. A big company with hundreds of employees might be able to survive even if there are a few inefficient workers. However, it becomes nearly impossible for a small business to grow even if a single employee fails to perform effectively.
- Myth Number #5 – I Don’t Have Time To Focus On Long-Term HR Results
If you’re a small business then you might be looking forward or have planned to move forward to become a big player in the market. Some people think that HR is a waste of time and they can’t focus on it. However, if you’re not getting HR services now then it might affect your growth rate and there’s a chance that your business might cease to survive without human resources services.