In today’s competitive market, businesses are constantly seeking ways to grow and succeed. One of the most important factors linked with business success is the Human Resources department. HR is not just about hiring and firing; it’s about finding the right people, developing their talents, and creating a positive work environment for them to succeed. When done correctly, HR can be a powerful engine for business growth.
In this blog post, we will explore the ways HR can help a business to grow and perform in its full potential, continue reading to learn more about the way HR department is significant for business growth.
Investing in employee development and training is a key driver of business growth. By providing continuous learning opportunities, companies can help their employees acquire new skills and stay motivated, which in turn enhances their contributions to the organization’s goals. An example of this can be IBM, known for the hardware and software it produces, the company had planned a training program for their employees called Think40. The program requires employees to dedicate at least 40 hours per year to learning new skills, the implementation of it, increased productivity and satisfaction, minimising retention.
According to a report by LinkedIn, companies that excel at employee development are 1.5 times more likely to retain their employees compared to those that don’t invest in training. These data clearly show the link between employee development and business growth.
Creating a positive workplace culture is essential for fostering employee engagement, collaboration, and overall business success. In a healthy workplace environment, employees are motivated to do their best, and they show great loyalty to the company they work for. For instance, Google is renowned for its strong workplace culture that emphasizes transparency, creativity, and the well-being of employees. The company offers numerous perks such as flexible working hours, on-site wellness programs, and open communication channels, which contribute to a highly motivated workforce.
A Human Resources department can integrate some of these benefits and manage to keep a healthy company environment that would help the company to accomplish both growth and success.
We previously mentioned the importance of minimising employee retention, but employee engagement is equally important. HR teams should want employees to stay in the company, but at the same time to keep them motivated for their work. Motivation can succeed by providing feedback, work-life balance and recognition programmes.
Research shows that organizations with high employee engagement experience better business outcomes and organizational success, because engaged employees feel valued and have positive feeling towards their job.
Moreover, effective recruitment strategies are crucial for driving business growth. Attracting and selecting the right talent ensures that a company has the skills and expertise needed to achieve its goals. Utilizing modern recruitment techniques such as social media, job boards, and networking events can help reach a broader and more diverse pool of candidates.
Many companies such as Hilton and Unilever have implemented a digital recruitment process that uses AI to screen candidates and assess their potential fit with the company’s culture and values. This approach has significantly reduced hiring time and improved the quality of new hires with the goal of minimising retention.
In this blog post we have discussed some main ways in which HR can be vital in a company’s growth. Human resources department can invest in employees training and development while fostering a healthy work environment. Improving employee engagement and retention can be significant for business growth. Another way, improvement would be vital if the HR team stays up to date with effective recruitment strategies. Read our blog posts for more tips and industry news!
Human resources and recruitment are often not taken into serious consideration by different departments of the company. However, in this article, we would like to..
As a recruitment agency, here at Advance Career, we are aware of the challenges a newcomer may face in the Human Resources field. Whether you..
In today's competitive job market, attracting and retaining top talent is a strategic imperative for businesses across the globe. In Cyprus, where the personnel is..
As a recruitment agency situated in Limassol, we are well acquainted with the multitude of factors motivating individuals—both locals and expatriates—to seek career opportunities in..
In the dynamic world of recruitment, staying ahead means understanding the latest trends shaping the industry. Significant shifts are redefining how businesses find and retain..
How Recruitment Agencies in Cyprus can Help you Build a Great Team In the constantly changing landscape of business, building an exceptional team is paramount..
Unlocking Career Opportunities: Your Guide to Finding Jobs in Cyprus Cyprus has some exciting career opportunities in recent years, making our island a better place..
Recruitment Tips: 5 Skills Interviewers Should Master Advance Career as a recruitment agency in Cyprus knows well that unlocking the potential of top talent begins..
Attracting Top Talent: Why a Company’s Online Presence Matters In today's competitive job market, attracting top talent is more challenging than ever before. A lot..
Internal recruitment is happening when a company decides to fill a job opening by choosing someone who already works there. It is like giving someone..
Find your Dream Job in 2024: Tips by a Recruitment Agency This blog post is meant to provide valuable tips for candidates looking for job..
Long-term workforce planning can be challenging for companies of all sizes as it requires the company to align their workforce with their future needs. Because..
In recent years, especially during and after the pandemic, the need for remote and hybrid positions increased in Cyprus. Remote and hybrid working was really..
When you might think about using a Recruitment agency: Personnel recruitment requires a lot of effort, and many organisations struggle to find the time to..
Employee Well Being - HR Function which evolves to a full time dedicated role for Organizations who invest in their employees. HR Executives are giving..
While formal education provides a solid foundation for a career in human resources (HR), there are certain invaluable lessons that can only be acquired through..
A common question I get from clients is, “How many people should I involve in my hiring process?” My answer is usually, “As many as..
The role of a Human Resources (HR) professional can vary depending on the organization and the specific job title. From identifying the most suitable of..
Soft skills are the personal qualities that enable an individual to communicate effectively, work well in a team, and adapt to changing situations. In today's modern workplace,..
It's no secret that a company cannot operate successfully without productive employees. What are you doing for yours? As a company, Twitter excels at employee..
Some could easily argue that the human resources (HR) department is not a "revenue-generating" service. We don't create new products, interface with the traditional customer daily, or..
Complex labour legislation is among the many reasons why more companies are choosing to outsource their human resource (HR) function to specialists while they focus..
Developing an active HR function in your business show that you value your employees and their business in your enterprise Growing startups and small and..
Building an amazing team is how we grew KnowBe4 into a unicorn. Without the team, we'd never have made it. This is why hiring is so..
Nothing is better for the bottom line than employees who are motivated to work for psychic benefits. Are you looking for ways to motivate your..
The power of one is mesmerizing. We don't realize it, but it can change how we see things. It can help us focus and help..
If you work in recruitment, you’ve probably heard the saying, “You need experience to get experience.” In job listings, we’re often guilty of writing “zero..
Wells Fargo recently found themselves in hot water after it was reported that some managers at the company were interviewing non-white candidates for jobs that had already..
Are you the type of workaholic that has a difficult time sitting still during holidays? Do you typically go stir crazy during family visits or..
You know what it’s like. Some people are so much fun to work with that you actually look forward to seeing their faces come Monday..
Since the pandemic started, HR professionals have had to juggle retaining their current employees while also attracting new talent. Employees have more options than ever..
Are you struggling with new leads? Are you struggling with hiring? In this article I'm going to dive into three important ways you can create..
HR activities at startups are often reactive in nature instead of proactive. That leaves gaps in the system. When starting their businesses, most entrepreneurs tend..
Motivating yourself is hard. In fact, I often compare it to one of the exploits of the fictional German hero Baron Munchausen: Trying to sustain..
One of the major plots of the 1989 film Indiana Jones and the Last Crusade revolves around the search for the Fountain of Youth — some magical..
Leading and living with empathy has never been more important in our world than right now. Empathy is the ability to identify with the challenges that..
What does it take to become a successful entrepreneur? Vision, forward-thinking, risk-taking abilities, determination, hard work, dedication, a good game plan…. Most of us are aware..
As the year is slowly coming to an end, it's a great time to gaze into our crystal balls and see what may happen in..
Finding good people is hard, but it's the only way to build a company that can succeed in the long term. Not that long ago,..
I’ve been thinking a lot about dessert lately. What’s the most memorable, delicious bite of dessert you’ve ever tasted? Chances are, it wasn’t a store-bought, plastic-wrapped ball..
Artificial intelligence (AI) might be the way of the future in tech, gaming and smart-device industries. When applied effectively, AI can save on human employment costs and,..
When you finally land an interview for an exciting role or for a position you think might be out of your league, the main thing..
There's never been a more critical time to address our national obsession with work – now, following one of the most stressful periods in recent history, is..
You may find this article stressful. At least, I hope you will. Because stress isn’t something to avoid or flee: it’s a sign that we’re..
The power of one is mesmerizing. We don't realize it, but it can change how we see things. It can help us focus and help..
Faced with increasing challenges, there are new shifts and changes in today’s corporate world. High levels of competition, new technological advances, demographic adjustments, political turbulence,..
People are checking you out on LinkedIn. Will you be embarrassed by what they find? Are you aware that 95 % of recruiters use LinkedIn..
“Ugh, I got called in for an interview on Friday, but I don’t really want to go,” a friend moaned to me last week. In..
People-pleasers often find themselves doing things they don’t want to do and putting the needs of others ahead of their own. When they’re asked to do..
If you want to do your best work, and have the best time, you have to be the best version of yourself. Consistently, prolifically; the..
Previous studies have suggested that people who engage in helping others are happier and have better mental and physical health than those who don’t spend..
As we put July firmly in the rearview mirror and enter August, I can’t help but reflect on how unique this month is every year...
In a difficult job market, you may find yourself needing to consider job openings that wouldn’t be on your radar during normal times. While all..
The Key To Carrying Out A Productive And Effective Job Search In my experience as a career coach, I have found that people who are..
3 Things You Need To Know About A February Job Search There’s no bad time to look for a job, but there are seasonal trends..
Hire Without Looking At A Resume We’re all more than what’s on our resume. But while a lot of leaders pay lip service to that..
3 Things You Need To Know About An October Job Search Seasonal timing has a large impact on a job search. It can work in..
The Interview Question You Need To Answer Right: ‘Tell Me About Yourself’ “I bombed the interview.” This was a message I got from a brand..
Summer's Over: Here's Why It's The Best Time For Job Seekers And Hiring Managers To Act Now Labor Day has come and gone, which means..
4 Reasons You Should Keep Up Your Job Search During the Holidays Now that the holidays are upon us, you may be considering taking a..
Video Interviewing: Lights, Camera -- But No Connection Nothing screams “personal” more than you on a 20-inch video monitor, beaming in from a remote location..
Congratulations! You got the job. Now for the hard part: deciding whether to accept it or not. How should you assess the salary as well..
How do you make sure you don’t lose out on those candidates who bring additional talents, interests, and unusual experiences that can be a real..
Here’s what recruiters look for on a candidate’s social media profile Maintaining the right balance between being professional and being yourself on social media can..
How to conduct an effective job interview As the employment market improves and candidates have more options, hiring the right person for the job has..
How To Answer Why You Left (Or Want to Leave) Your Employer If you want the job, don't reveal this. Job interviews are designed to..
Here's how to write a LinkedIn summary that could help you land your dream job, according to a marketing director at LinkedIn You might approach..
3 Ways You Can Help Your New Hires to Succeed Filling a vacant position is expensive, and unless you do these three things, it's liable..
Recruitment in Cyprus - Thoughts and Ideas from Advance Career Team Read the detailed interview published on TopJobsCyprus website and share your comments and ideas!..
Are You Hiring a 'Team' Player -- or Someone Just Looking out for No. 1? How can leaders make sure they're not unwittingly inviting a..
How To Bounce Back When The Job Search Gets You Down With a dream job in mind, an updated résumé in hand and responses to..
When 'What Happens In Vegas' Ends Up In Your Job Search What happens in Vegas really doesn’t stay there. That “funny” picture about that..
5 Steps to Hiring the Right People for Your Business "Hire slow, fire fast" is great advice, but it's not always easy to follow. The..
When to Hire Raw Talent vs. Job Experience Experience is a must for some jobs, but people with raw talent offer unique benefits. You have..
Seven New Onboarding Strategies You'll See This Year According to a study from Equifax, more than half of all employees who left their job in..
Don't Shuffle People Into the Wrong Job Just Because They're Already on the Payroll You grow your company by putting proven performers where you need..
What's HR going to be in 2022? A Study sheds some light... A recent study shows us a glimpse of what HR might look like..
Think Strategically About Your Career Development In a world where the average employee sends and receives 122 emails per day and attends an average of..
Diversity Doesn’t Stick Without Inclusion Leaders have long recognized that a diverse workforce of women, people of color, and LGBT individuals confers a competitive edge..
Interviews are generally regarded as the primary decision-making event in any recruitment process. Regardless of your academic credentials or career thus far, it is crucial..
Studies have shown that structured interviewing is more than twice as reliable a predictor of future employee performance than unstructured interviewing. That is why most..