The Internet and other modern technology have facilitated the development of several start-up businesses with minimal effort and capital. With the ease of making any business work with readily accessible equipment like smartphones, computers, and a connection to the Internet, it may be tempting to give little importance to the other most important aspect of any business: human resources.
Employees are the bloodline of any organisation. This statement means that human resources require just as much care as expensive office equipment. Here are some of the ways you can get—and maintain—the best employees for your business, even if it is just a start-up.
- Use personality tests
Before hiring someone for the position, it is worth looking at their personality through a personality test so that you can see if they would naturally fit in your company. The character is just as important as the credentials of a potential employee. After all, a positive office culture translates to more productivity.
- Be aware of the laws
Many start-up business owners are a one-person operation: they do everything ranging from handling the legal matters, being the financier, micromanaging employees, and even doing overtime work themselves. The problem with such is that disregarding external laws becomes a natural consequence.
- Ensure that they are well compensated
Remuneration not only refers to the fixed wages of paydays. If you want to maintain your best employees and encourage the underperforming members of the team to do better, make sure that you adequately reward them for the work that they contribute.
Rules on overtime wages should be in place, and policies on taking paid and unpaid leave must be respected.
- Maintain a feedback system
Employees are more likely to know where they are falling short if they regularly receive feedback on their work. That does not mean to say, however, that feedback should always be negative.
Feedback may also come in the form of taking a few minutes of your time to thank an employee for going the extra mile, or for agreeing to take over the office during the holiday when nobody else would.
- Consider asking for external help
Many businesses in the country hire UK based HR consultancy firms to handle the nitty-gritty of employee hiring and management. As a start-up entrepreneur, doing all the work yourself may be the cheapest and easiest way to do things in the business, but sometimes, seeking professional help is rewarding and more beneficial in the long run.
- Value your employees
A start-up or small business with a limited number of employees is not immune to the side effects of human resource mismanagement. Just like expensive machinery, employees should be well taken care of and valued.
Do not treat them as easily dispensable tools that you can easily replace when they decide to quit. If you are a small business owner and you are thinking of expanding, then you should start thinking of your employees as your assets and partners in scaling up.