From Product Development, sales, marketing to actually making some profit – there are a variety of things you need to know about while running a new business. With the pressure of keeping up with all these important tasks, some crucial Human Resource basics might slip your mind! But as a business owner, it’s important that you take care of these things.
Hire the right people
Hiring the right people doesn’t always mean hiring people with impressive degrees and certificates. There are so many factors that need to be considered while hiring an employee. You need to remember that,
“You are only as good as the people you hire”
At the end of the day, no matter what your product is, no matter what your strategies are, it’s your employee who is going to make things happen in the field. Surely, they need to be good and compatible with the personality your brand is trying to portray.
Let’s assume you found employees who are perfect for your organization. However, it’s not fair to expect them to blend into the new work environment right away. Besides, every organization has different ways of getting things done. Taking the time and effort to organize job training sessions would definitely pay off in the long run. The employees would get the opportunity to prepare themselves to blend into the work environment that you have created.
Proper Pay and Benefits
Taking into consideration the amount of time and effort you would be expecting from the employees while setting their pay grade is very important. After all the resources, time, and training you have put into your employees to build the right work environment, the last thing you want is to lose your employees because someone else is offering them better options. Well, there will always be other organizations with higher pay and benefits, but you need to make sure that your employees are satisfied and taken care of at your workplace to the best of your abilities.
Small businesses often don’t have clear and precise employment policies and it can cause you a lot of trouble down the line, especially with legal issues. So, it’s definitely important to take the time and sort these out right away. Employment policies should include but not be limited to, setting up a code of conduct, discipline, and safety policies, legal notices, etc.
It’s human nature for people to begin their work with a lot of enthusiasm but then starting to lose it day by day. With time, a lot of employees even might start to take their job for granted. It’s important to set up a way to monitor their work and progress. Preparing performance reviews, acknowledging good performance, even rewarding for consistent performances are great ways to keep the work morale high.
New business owners usually have a lot on their plate. It’s easy to miss out on crucial tasks. This is a brief overview of everything you need to keep in mind as an owner or Human Resource manager.
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Aroly Ashraf Niasa
Admin & HR Department Intern