Governance in HR is the base of the activity of this function withing an organization. The role of governance in HR increase, when a company grows in size or its extending its activity to multiple locations. This way, all areas which are involved in HR will operate on the same ground, maintaining the focus of its own and company's activity and goals.

HR for the financial industry has its own characteristics. As it is an environment that has to deal and comply with regulations and reglementation, the employees need to be flexible and adaptable to the changes, HR can support them by ensuring the right working environment and conditions.

The importance of HR in startups becomes obvious at the time when the startups starts to grow and focus is on the service or product.