
2 minute read
HR support during the cost of living crisis
About HR Solutions
HR Solutions is an award-winning HR, Payroll, and Health & Safety consultancy, delivering expert support to SMEs across the East Midlands. We're experts in the field, having delivered HR advice and support to SMEs for more than 21 years. Essential Safety is our health and safety arm and joined HR Solutions in 2021.
We're a passionate team, dedicated to building great relationships with our clients. We work with more than 800 businesses across a multitude of sectors, who need support managing with managing their workforce. In June 2022, we joined the WorkNest family - which offers Employment Law, HR and Health & Safety services to 40,000+clients.
HR and the cost of living
We recognise the challenges facing small businesses, especially during the midst of the cost of living crisis.
We want to ensure that in 2023, you have the right plans, structures, and people in place to help your business navigate through these challenging times.
Join Greg Guilford – HR Solutions CEO and Victoria Templeton – HR Knowledge Manager in our seminar, ‘HR Support in the Cost of Living Crisis’, as they discuss the current challenges, what to look for in the year ahead and how to plan your workforce so that you can protect your business.
During the 30 minute session, we will:
• Share with you some of the current real life business challenges, reported to us in our December 2022 SME Business Survey
• Share tips on how to manage increased employer costs and the implications on your business
• Discuss how effective organisational design, can help your business to succeed
• Share insight on the latest developments in employment law, including significant case rulings to watch out for
How can HR help?
Ensuring you have the right people, in the right roles, is integral to business growth and profitability. We can help you with establishing a clear strategy for your people, which aligns with your business plan that will enable you to identify the areas of your business which are performing well, and areas that may require more or less investment.
Rewarding and paying staff
Inflation-beating pay rises and one-off payments are becoming more and more common to support employees, however, employers must strike a careful balance between retaining top talent and maintaining and growing profit. Our expert team can work through different options with you to ensure that your employees are paid and rewarded fairly, which in turn will increase productivity and engagement. Employers who struggle to match offers or compete with impressive remuneration packages due to also facing rising costs, may instead consider offering shares or employee ownership schemes to incentivise employees.
Managing your employees
In addition to employee retention and reward strategies, employers must also consider staff performance and its impact on the business. Developing and upskilling team members to move into senior roles not only helps businesses to retain top talent, but it also saves costs on recruitment and other fees.

What else can you expect at our seminar?
This will be an interactive event, where you will have the opportunity to participate in a live Q&A session and hear how other businesses are taking steps through the management of their people to address the cost of living challenges.
Seminars are being filmed
Scan the QR code to watch them after the Expo
On the other hand, employees who are not performing as expected, do so at the cost to the business. An HR Consultant can work with you to identify the root cause of performance challenges and provide guidance to you and your people leaders on establishing clear strategies and communication channels to help resolve these issues.
0844 324 5840 www.hrsolutions-uk.com