Owners and senior executives often find themselves having to justify the spending of revenue on areas of their business that do not have a clear return on the investment.
Human resources fall into that “area of their business.” In most cases, there is not a true understanding of what is included in the essential and functional area of human resources for small to mid-size business owners.
Human resources covers several functional areas of the employer-employee relationship, and some of those functional areas identified below can have a major impact on the organization if not addressed.
Here are some of the more critical aspects of human resources your small business should be aware of and managing correctly.