The majority of entrepreneurs haven’t been through any formal Human Resources training. Many also lack the experience in dealing with HR departments. This is why it can be good to get some perspective on human resources from the experts (for example Yvonne Yancy). An entrepreneur is fundamentally different from people employed in HR that enjoy rules and procedures. With that said, one of the best tips for new entrepreneurs is to find a mentor or coach with HR experience.
Have a Clear Mission Statement
This might not seem to have much to do with HR, but having a clear mission statement helps with recruiting the right people. Most people want to work for companies that have a mission they believe in. A mission statement offers employees a congruent driving force they can get behind. It is something that should motivate and inspire, as well as to keep them focused.
Track Time and Attendance
Regardless of the movement towards the remote working lifestyle, tracking time and attendance remain as important today as ever before. Numerous automated online systems make this increasingly easy and effective for small business owners and employees. While no one wants to be micromanaged, everyone wants to be paid accurately. Furthermore, as an entrepreneur, you must be able to track the tangible outcomes and deliverables of your business. If there’s a discrepancy, it means one of two things. Either the employee is exaggerating the amount of time spent on a task, or they are inefficient in terms of their productivity. In either case, the issue needs to be addressed.
Provide Clear Communication
One of the greatest challenges in terms of HR is that of miscommunication. It’s so important to be clear and concise in your communication, especially with employees. Have a written document that clearly stipulates expectations. Consequently, if an employee is failing to meet these expectations, you have a clear and structured document to refer to.
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