When you started your own business, undoubtedly it was because you were passionate about bringing your product or service to the world, and providing a first class solution for your customers and clients.
However people management, HR… that’s a different story. Call it a necessary evil if you wish, but the fact remains that if you want to grow a thriving business, you can’t get away from it.
You need the correct practices, procedures, and policies in place to ensure you’re hitting the mark and developing the right kind of team to guarantee your future success.
If you take your finger off the pulse or let things slip, you could find yourself with problems that are deeply embedded in your company’s culture, and these can be extremely difficult and expensive to solve.
Think this may apply to you? Recognising this is the first step towards fixing any issues and turning things around.
Firstly you need to ask some searching questions about where you currently are, so you can start to establish where you might need to make changes. At HR Revolution we specialise in outsourced HR and can work with you to deliver an HR solution that is tailored to fit your business.
Suffering from high turnover rates?
Recruiting good employees can be expensive and providing them the skills and developmental support they need to excel in their roles can prove costly, too. However, this should be seen as an investment rather than a cost, but if your employees are leaving on a regular basis, this can be a massive headache.
You’re likely to notice the impact on the bottom line, and it may well be the case that you’re also damaging your employer brand. If too many people leave, the word will get around, and people will start to ask why. This could lead to you struggling to attract top talent in the future.
Are you meeting all your legal obligations?
All business owners know that they need to be compliant with relevant employment legislation. Are you confident that you’re meeting your obligations? If not, there should be a big concern that something could go wrong at any time.
Don’t let this happen as the consequences can be very damaging to your business. Often, all it takes to ensure that you’re where you need to be is seeking advice from a professional and the peace of mind this can bring can be priceless.
Are you struggling to meet your primary business goals?
HR is no longer about tea and sympathy. Robust HR practices will always be in line with wider company objectives, and they’ll actively help your business to get to where you want it to be. Take a second to think about what HR looks like in your business, is it fulfilling its potential?
Do your practices improve productivity? Do they encourage your staff to be the best that they can be, and reward them accordingly? Do they play a significant role in facilitating business growth? If not, you’re missing out.
Though the points we’ve discussed here are really just the tip of the iceberg, they’ll hopefully give you plenty to think about. If you’re falling behind, the main thing to remember is that action is the only thing that will help you to remedy the problems. The sooner you decide enough is enough the better.
Take that step today and get in touch with HR Revolution and get an obligation free Audit, there is no-one out there more passionate about HR. 0203 538 5311