It’s common for some organisations to overlook HRM operations especially when revenue-generating operations and other priorities consume management attention. Nevertheless, human capital is critical, and the success of the organization has been strongly linked to the performance of its human resources.
A large body of empirical research, the US Bureau of Labour Statistics, has proven that an increased emphasis and investment in strong HR practices benefit the organisation through higher retention rates, better returns on employee costs, and employee satisfaction. These benefits deliver real impact to the top and bottom lines of your company.
To manage this critical function, some organisations may form an HR department and resource HR specialists operate their HR functions. While others consider outsourcing their HRM functions to specialist companies. In this blog, we discuss which option is better suited to your business.
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