Business

Costly HR Mistakes It’s Best To Avoid

Your staff members are your company’s most valuable asset. Failure to see them that way can be a costly mistake, with regular hiring and training costing company resources, and even the legal fees that can be resultant of poor human resources. It’s critical for the success of any business to treat staff well, and failure to do so can put your business in dire straits. Here are some common mistakes you could be making with your company’s human resources.

Expecting too much

Your staff are human beings, they have good days and bad days, and they have strengths and weaknesses, just like everyone else. Treating them as machines with constant high expectations can put unnecessary stress on your employees, leading to poor staff satisfaction, low efficiency, and even valued members of the team moving on to new employment. Remember your staff members are only human, they make mistakes, and be sympathetic to their difficulties – you were in their position once after all.

Not having an employee handbook

An employee handbook is a crucial part of any employee/employer relationship. It should lay out the expectations on both sides in more detail than a contract of employment. This means that a worker has their standards and expectations laid out of them. It also enables them to find out information about holiday leave, grievance policies, and notice periods, so you’re all on the same page. Not having an employee handbook is doing a huge disservice to your staff, but also making your life as an employer more difficult too.

Not giving feedback enough

Your staff are living organisms – they grow with their environment, take on criticisms and thanks, and adjust accordingly. Failing to give constructive feedback is not only unfair on the staff, but it also means you’re not getting the most out of your employee. Most staff want to be great at their job, either for general satisfaction or for the hope of promotion. Feedback allows them to improve on their shortcomings, and feel pride in what they’re doing well.

Ignoring employment laws

All employment laws are relevant to you, and ignoring them can lead to legal trouble of varying degrees of severity. Seek out HR consultants near you to ensure you’re complying with employment law to the letter – ignorance as an employer can be a very costly mistake. And remember that laws differ for companies of different sizes, so it’s important you’re well read on the subject and have a competent advisor.

Keeping poor records

Employment records are crucial if any problems come to light, and well-kept records can keep your company from getting in serious trouble if someone has a case against you. It’s also crucial for taxation, immigration control, and leave of absence records. Failure to keep your company records up to date can result in large fines, so it’s worth spending a bit of time on it.

Avoiding costly human resource mistakes is just about being prepared and treating your staff well. They’re a costly asset for your business, but when treated properly they can become your best asset too.

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