This has been submitted by Bowden Jones
Natalie Williams, Human Resources Executive at Bowden Jones Solicitors, assesses how the rise of the National Minimum Wage and National Living Wage will affect small businesses in Wales. Natalie takes us through the changes and discusses why firms should consider looking to a consultant for their HR needs.
Starting a business isn’t easy. There’s a great deal for owners to focus on, including competition, brand, customer base and product development. As such, it might not come as a surprise that HR doesn’t usually rank as a top concern. In fact, it is relatively uncommon for companies of 50 employees or fewer to have a dedicated HR function. A more effective way to involve HR practices may be to outsource this function to a consultant. Below are 5 signs that this an option you should be considering.
- Your employees are disengaged
A lack of employee engagement can often be the downfall of a small business. There may be a drop in discretionary effort, sickness absence increases and perhaps most importantly, there are lower levels of productivity, which can certainly hurt your bottom line.
While a business may acknowledge the problem the difficulty is in finding a way of resolving the issues in morale. A HR professional is knowledgeable in this area and will be able to help by conducting employee feedback surveys. The questions will be targeted and uncover what areas of your business you need to improve.
- Problems with recruitment and retention
It’s important to get recruitment right, especially when you consider how much the whole process can cost. If you’re having trouble attracting the right people to your company and the ones you do hire don’t remain with your company for long it may be time to get the professionals on board.
HR professionals are well-acquainted with the recruitment and selection process. They’ll be able to implement an effective interview process and advise on the best strategies. They can do this by creating job descriptions, designing job advertisements and implementing effective interviewing techniques.
The on boarding process is just as important and HR can help to ensure you hire the right candidate for the given position and provide the right training induction and training to help retention levels, minimising your cost per hire.
- Your employees aren’t feeling recognised for their efforts
If you have noticed a lack of motivation in your company, you might want to address your employee recognition system. When was the last time you expressed your gratitude for a job well done, or gave an employee a pat on the back for their effort in a given project?
HR consultants can help businesses design an employee reward and recognition scheme, while keeping in mind the resources of your company. This will go a long way to retaining and incentivising your best talent.
- You’re in over your head with legal compliance issues
Employment legislation is a continually changing field. It can be hard to keep track of, especially when you have other concerns. You don’t want to run the risk of legal trouble and you don’t want to waste valuable hours and money that would be better spent elsewhere. HR consultants can help avoid legal pitfalls and aid in complex restructures, redundancies, dismissals and settlement agreements.
- You need help with your performance management process
If you don’t have time to deal with ‘problem’ employees, HR consultants can help you by implementing a performance management system that supports business growth. Such a system will also encourage your employees to create, and deliver on, carefully constructed goals that align with overall company objectives. They will be able to advise on the latest HR trends, while supporting you and your organisation as you instil these new organisational changes.
HR Support With Bowden Jones Solicitors
If your business requires HR advice and support then please email [email protected] to make an enquiry. Alternatively, please call Natalie Williams on 02920 484 550.