Are You a Business Owner Who Handles the HR Functions Yourself?
One of the many challenges of being a small business owner is needing to wear many hats for your company to thrive. Even when you hire professionals to handle the final end work, you may handle a lot of the back-end activities yourself.
Maybe you do some basic accounting as well as the hiring and recruiting, plus all your regular duties. After a while, you may have considered using an HR platform to help you streamline the process, especially as it relates to salaries and employee benefits. You may have also wondered what additional steps you can take to support your workers.
Make Employee Retention a Priority
One of the costs you don’t want to grapple with as a small business is the cost of turnover. You will spend far less to retain current employees than to find and hire new ones. But how can you support your workers to ensure they stay?
Encourage Staying for the Right Reasons:
According to Harvard Business Review, the top reason employees stay with a company is complacency. Simply put, nothing has yet presented either a push or pull force for them to leave. In fact, many employees with long tenures hate their jobs, but may feel they have no better options to pursue just yet.
Eliminate Push Factors: It is impossible to eliminate every conceivable factor that may encourage a particular employee to leave. However, if push factors are what often compel employees to start looking for work elsewhere, it doesn’t hurt to try. Some common push factors are unresolved grievances involving other workers or no room for growth.
Grow the Business:
Focusing on employees is important, but to ensure their job security, you also have to focus on improving and expanding the business. This also provides opportunities for their personal growth through promotions and lateral movements.
Use Technology To Make Your Work Easier
Forbes points out that the paper-based HR departments hardly exist anymore. Many companies are now digitizing the HR experience with the use of HR platforms. This helps them to streamline the process, thereby saving them time and ensuring employee checks and benefits are recorded and administered error free.
Though one could argue it is an investment, the main disadvantage of using HR software is the cost. So, what if you could get access to a platform for free? At Sackett & Associates Insurance Services, we provide a complimentary platform to all the companies to which we provide services. Never pay thousands of dollars for an HR system setup and upgrade again.
This technology helps to make employee onboarding much easier by capturing all the information you need. This may range from their tax information to benefits preferences. It also helps to keep you compliant, so you never have to deal with the IRS and other government agencies if you can help it. Finally, it provides a centralized experience so you can stop wasting time on switching between apps.
For more information about our free HR platform, contact us at 707-823-3689. We look forward to hearing from you soon.
