CONSIDER ATIONS YOU MUST MAKE BEFORE LAUNCHIN G
Business owners may hire an HR team or outsource HR experts to manage their workplace culture, employee benefits and payroll. Outsourcing HR services can provide startups with more benefits if they have limited resources.
DETERMINE EMPLOYEE COMPENSATION AND BENEFITS ● Ensure that your company's pay structure is competitive and fair based on labor market trends. ● Your HR team should work with the accounting team to establish an effective employee pay structure, and you should establish a fair process for expense reimbursement.
DEFINE WORK CULTURE â—? Your HR team can help you build a code of conduct, set boundaries and expectations of behavior, communicate company policies clearly and make sure your employees comply with the processes.
GET A HUMAN RESOURCE INFORMATION SYSTEM (HRIS) â—? The HRIS can help entrepreneurs track employee time, manage payrolls and benefits, automate administrative tasks, keep records and much more.
ESTABLISH ONBOARDING AND RECRUITING PROCEDURES ● Entrepreneurs should have a basic HR plan and necessary paperwork ready for hiring and onboarding to ensure that the process is non-discriminatory. ● Establish a system for gathering employee feedback to address staff concerns.
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