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Should A Small Business Hire Someone In HR?
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As your small business begins to grow, you realise your ability to bring on new employees and delegate tasks you have previously done yourself. At first, it may be an employee cleaning the office every night. All of a sudden, the business you started in your free time has over ten employees and is beginning to grow at rapid speeds.
Part of growth as a business is the ability to onboard new employees for Human Resource purposes. Although there is no legal rule stating an employee dedicated solely to Human Resources matters is needed at any employee level, the common rule of thumb is at ten employees an HR manager should be onboarded.
Whether you are looking to outsource a third-party Human Resources employee or hire a dedicated in-house HR employee this article will outline some of the benefits of hiring an HR employee for your business. As a business owner, you are constantly in search of more time and greater efficiency. Hiring a dedicated HR specialist can provide them both.
Benefits Of Having Someone In HR In Your Business
Handbooks And Manuals
As your employee base begins to grow, it is important to have well communicated and documented rules and guidelines for new and existing employees to follow. For new hires, a handbook and employee manual can also lay out the expectations of the company for each employee, as well as for specific job roles.
Having an HR manager can alleviate the pressure of creating both an employee manual and a handbook by yourself. Utilising the expertise of an HR specialist will also ensure that the ethics and regulation of the business are up to date on the latest practices and legal expectations.
Employee Hiring & Firing
Business owners are always strapped for time. When it comes to hiring and firing new employees, owners and managers can see days’ worth of work being pushed back to complete onboarding processes.
Having a dedicated HR manager can allow you to delegate both hiring and firing for your company. HR specialists will also have up-to-date information on the best hiring processes and techniques, as well as an eye for the best possible candidate for any given role.
Crafting Company Culture
Creating a positive and inclusive culture is a necessity for any business to thrive. Dedicating an employee solely to HR purposes can allow your employees to feel that their concerns are heard and that they have support from their employer.
HR specialists can also work alongside you to formulate a strategy for culture-building practices and mission statement creation for your business.
Summary
Understanding when it’s time to bring on an HR employee is a crucial step on the path of business growth. The benefits and freed up time an HR employee gives you should not be overlooked. Another critical component of running your business is your insurance.
You must retain the proper coverage in the event of a lawsuit. To get started, try our instant quote generator, where you can get an estimate on market-leading insurance in seconds! Simply enter your occupation and expected revenue to get started!
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