Human resource (HR) functions are critical for companies located in North America to manage their workforce effectively and to ensure compliance with employment laws and regulations. Here are some key HR functions that TRM Partners supports on behalf of our clients:
Companies need to recruit and select qualified candidates to fill open positions. This includes developing job descriptions, posting job ads, screening resumes, conducting interviews, and making job offers.
Companies need to onboard and train new employees to ensure that they are equipped with the necessary skills and knowledge to perform their job duties effectively. This includes providing orientation, training, and mentoring to new hires.
Companies need to manage employee performance to ensure that employees are meeting expectations and contributing to the company’s success. This includes setting performance goals, conducting performance evaluations, providing feedback, and managing performance issues.
Companies need to provide competitive compensation and benefits packages to attract and retain top talent. This includes developing and administering salary and bonus programs, managing employee benefits, and complying with federal and state compensation laws.
Companies need to maintain positive employee relations to ensure a productive and engaged workforce. This includes developing and implementing policies and procedures, addressing employee grievances and concerns, and promoting a positive workplace culture.
Companies need to comply with federal, state, and local employment laws and regulations. This includes maintaining accurate employee records, managing employee classifications and exemptions, and complying with workplace safety and discrimination laws.