Smaller companies stand to benefit significantly from proactive work with HR, as it plays a pivotal role in their overall success. In fact, its importance is heightened for smaller businesses due to their inherent vulnerability. Read more about HR benefits below.
For example, bad hires can be particularly costly. A bad hire often costs thousands of euros. These mistakes can often stem from recruiters relying on gut feelings or just hiring through their contacts. In these cases, there hasn’t been a thorough analysis to determine what the company truly needs. Instead, by adopting a structured approach, you can ensure quality and ultimately minimize the risk of incorrect hires.
An active and structured HR-function can also lead to reduced sick leave and faster rehabilitation. Employees perform better when their employer takes care of them.
Smaller companies often can’t afford to hire HR personnel and may need support in knowing how to approach HR work. For example, most workplaces have performance reviews with employees. But if there’s a lack of time and knowledge, these meetings might just turn into coffee breaks with no clear agenda.
So, if you’re a CEO thinking it’s time to bring someone in to establish your HR function, feel free to reach out to us at Pink Palms. We have years of experience in building HR functions and providing guidance to decision-makers on priorities and focus in growing companies. And we have seen how smaller companies thrive with proactive human resource – easily minimize costly hires and reduce sick leave with structured HR today.
About Pink Palms
Pink Palms are experts in people & culture, organizational development and event execution
under the sun in Costa del Sol, Spain. We help you with recruitment, employee branding and take of everything from concept to execution when it comes to HR and event.
Elevating people for business brilliance!