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Human resources refers to employees and managers who focus on tasks primarily related to improving employee relations and recruiting new employees. Depending on the size of your company, you may face challenges by not adding a human resources department or you may find that a human resources department causes more problems than it would fix. Employee Relations A company that lacks human resources may have difficulty developing and maintaining a solid relationship with employees. Human resources bridges communication gaps between company management and employees and offers employees the opportunity to release their frustrations with the company and report wrongdoings. Cost By not implementing human resources, you can save a large sum of money. Money spent on human resources management and costs associated with human resources, such as employee programs and services, can amount to over $1,000 per employee. According to Human Resource Executive Online, the average cost for human resources per employee totaled $1,569 in2009. The money spent may be justified if you run a large business that consists of hundreds of employees, but if your company sits on the other side of the spectrum and consists of only a few employees, those costs are difficult to justify. Simplified Hiring Process Human resources management relieves managers and owners of the stress of finding qualified employees when positions open up. Rather than searching for candidates, interviewing them and performing background checks, owners and managers can focus on their daily tasks and let the human resources department focus on the hiring process. Adding a human resources department and human resources services means more employees to watch over and more programs and services to account for. This can place an additional burden on your accounting department and yourself as the owner or manager of the company.
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I would not mentiond a detail reply of this query, i would keep it simple and precise that if you don't have HR deparatment, infact, effective HR department then be assured its like anarchy in a state, there would be no standard rules and regulation. One who have power will dictate his direction and we know that such state has no future.
we must all understand than manpower is the backbone of any organization.
a failure to manage and direct our manpower force would bring failure.
a well setup HR department with proactive,smart,educated,human oriented leader could have a clear and decisive advantage,after all our people are our power.
having the best picked employees and understanding our managers and directors need for human manpower is as important as having a successfull brand or product to bring sales,revenue and profits.and that is the responsibility of HR.
in conclusion our employees are our success,the more qualified,and trained the more success a company achieves.
Human Resource is the Backbone of the Organization.
Advanatages:
1. Recruitment of Personnel (from Sourcing to Hiring)
2. Effective and Efficient Administration and Implementation of Rules, Policies, Regulations, Guidelines etc.
3. Continous Training and Development of Personnel
4. Salary Administration/Compensation and Benefits/Payroll
5. Employee and Employer Relation
6. Grievance Management
7. Performance Assessment Evaluation Mechanism (Analysis of workers Productivity)
8. Centralized safekeeping of Employees employment records.
Dis Advantages?
1. Additional Expenses of the organization for continous improvement of workforce
2. Additional Expeditures to uncertainty/Vision of the Company
A human resources dept is essential for any company though a small company can outsource the dept to a specialist hr company. The HR dept looks after recruitment , training, promotions & transfers and retrenchment and there is no way these functions can be wished away. But in overpopulated regions like South Asia where supply of labour is plentiful compared to demand it has less significance compared to say western Europe . But even here it has grown in importance in BPO/ITES sector due to high attrition rate.
The advantages of having HR department that it plan for, attract, develop, and retain an effective workforce and talents, which are organization's most important resource Human Resource. However, there are no disadvantages.
In my view there not a single advantage of not having human resources.