Birmingham is the city with the second-highest number of new businesses starting up in the country, providing the perfect place for entrepreneurs to thrive within a culture of innovation, creativity and ambition.
But how do you tap into the youngest and most diverse workforce within the UK and fulfil your economic potential? Here we have a look at Human Resources for start-ups with tips that you can implement to help make your business a success.
Implement a Recruitment Strategy
More so with start-ups than any other business, the people you hire will help to shape the future of your business. Getting talent onboard that will complement your vision is essential, but it also needs to be handled in a way that is fair, ethical and without bias. Employment contracts are not an option and help protect both you and your employee, and it’s important to have a proper payroll structure in place from the get-go, making use of a paystub generator and other HR tools can help streamline your company’s accounts. Employees and salaries are most likely going to be one of your highest costs, so it is important to get your recruitment strategy and employee onboarding plan in place from the start .
Put A Team Structure in Place
A solid team structure can help avoid rivalries and unpleasantness between staff. It is a way of ensuring that each member of the team feels supported with direct reports in place. Performance management techniques can then be incorporated with defined roles and goals for each employee, allowing for improved assessment of work and clearly outlined career paths. This is turn assists in identifying training opportunities.
Train and Develop Your Staff
You want your staff to grow and flourish with your company, and therefore it is important to keep developing their skills, so they remain a valuable part of your workforce. Without regular training opportunities, employees are more likely to leave your employment to seek work elsewhere where there are better opportunities for their future career. A solid personal development plan will help your staff align with the goals of the company and training sessions will often identify areas of weakness within your company structure so you can take appropriate steps to overcome this.
Stay on Top of Employee Relations
All businesses need to have happy, healthy employees who are engaged and committed to their work. Employee engagement can be tackled in many ways, including flexible working, team volunteering, regular assessments, social gatherings, communication of clearly defined company goals and recognition of achievements. Time is a major factor for many new business owners, so the implementation of a reputable employee engagement platform can help streamline this process and identify the areas that need work.
Adhere to Compliance
Failure to ensure that your business is compliant with any ethical principles, laws and regulations can have dire consequences. Health and safety procedures should be firmly in place from the onset and be communicated appropriately to all members of staff.
Remember, your business will more likely succeed if your employees also thrive. As a business owner, it is your responsibility to create a culture where feedback is welcomed, and issues can be resolved effectively.