As a small business owner, it’s normal and in fact necessary to wear many different hats when you’re first starting out. However, if you want a successful and profitable business in the long run, there comes a time when your management-related tasks should be handed off to a knowledgeable and talented HR professional.
Here’s 5 Reasons Why Your Small Business Needs HR:
Hiring and Firing
Hiring a new employee can take a lot of time, which as a small business owner, you don’t have. You want to find the best talent first time round, so you don’t end up wasting time and money. And to do that, you need HR.
HR know the ins and outs of employment law. All it takes is just one mistake, which could ultimately lead you to a lawsuit. If you don’t know employment law, you could be putting yourself, your business and reputation at risk.
Having the correct HR files and accurate information in place is essential for your business, otherwise, you could face fines up to thousands of pounds. HR knows what files you need to store, when you need to update them and where they should go.
Employee Handbook and Policies
Even if you only have a few employees, you still need an employee handbook to lay out the rules, regulations and expectations you have for your employees. Handbooks make it easier for employees to know exactly what’s expected of them, whilst at the same time, protect you in case of employee disputes. HR can create these for you.
Training and Development
This is essential whether it’s for new or existing employees. Employees will be taught what to expect in their new role and behaviours required of them. HR can help with this as well as develop managers to be their very best.