New Delhi: In the 20th century, businesses realized that employees were crucial for success, so they created HR departments to manage them better. Stratefix Consulting, a company with lots of experience in HR, surveyed over 1000 small and medium-sized business owners to see what they thought about HR.
They wanted to know:
1. What business owners think HR should focus on most.
2. Whether HR cares more about employees or the company.
3. If HR is doing what it’s supposed to.
4. How much HR affects a company’s success or failure.
5. Whether HR needs to know about the company’s money situation.
Here’s what they found:
Most owners think HR’s main job is hiring people (67%), followed by training them (54%).
Many owners (71%) think HR cares more about employees than the company.
Only a few (23%) believe HR is doing its job properly.
Surprisingly, not many owners (18%) think HR has a big impact on the company’s success.
A lot of owners (58%) don’t think HR needs to know about the company’s money.
Chirag Patel from Stratefix Consulting said:
“Many small business owners don’t understand HR well, which could be risky.
Employees now care about more than just money, so HR needs to think about that.
Nowadays, employees choose where they work based on things like learning opportunities and perks.”
Basically, the survey shows that HR is important for businesses, but many owners don’t fully understand its role yet.
