Your company needs HR. Know why?

Spring is finally here, and it’s the perfect time for fresh new ideas to blossom. Case in point: we know that companies don’t always hire Human Resources support. In fact, many don’t see the need for it. But in reality, having a strategic and innovative HR team to provide support with branding, employees and communication can boost the company to a new level – way beyond any stereotypical idea of corporate HR.

It takes a curated and inventive HR approach to bring that extra value to a company, and the right fit will bring positive changes for the company’s culture. Everything from communication and feedback to employee retention can be drastically improved.

Hiring a Human Resources team could benefit your business – here’s how.

5 Ways Human Resources Can Help Companies

1. Businesses are busy expanding their services and products, which leaves them with little or no time to focus on their company’s brand which includes their vision and mission. Having an HR team to strengthen the company’s presence solves the problem.

2. Many industries such as manufacturing, hospitality, construction and retail see high employee turnover rates. Human Resources can identify the problems that lead employees to leave and also develop solutions for keeping them loyal, happy and productive for longer.

3. For example, HR can assemble exit interviews so the company better understands the employee’s positive and negative experiences with them as well as why they chose to quit.

4. Communication is important in any industry, and HR ensures that employees and employers are listening to each other. Proper feedback is crucial for success.

5. Having a Human Resources team will keep your business safe from troubles with federal and state employment agencies, especially when it comes to hiring and paying independent contractors and employees.

Communication and Feedback are Everything

No matter what industry your business is in, it’s a fact: communication keeps employees happy, productive and motivated. How well does your company communicate? You might be surprised.

15Five surveyed 1,000 US employees and found that a mere 15 percent were “very satisfied” with the communication within their companies. And perks don’t cut it, either. In the same survey, a whopping 81 percent of employees said they would first work for a company that valued “open communication” over one with benefits like health plans, gym memberships and free lunches (15Five 2015).

Fostering open lines of communication helps every facet of a company run smoothly. For one, open dialogue is the key to staying organized and productive. Also, employees like to hear feedback to better understand their progress, especially if their goal is job growth. Giving feedback makes for a stronger team, which benefits the company’s morale and ultimately, their profits.

Remember, a happy employee is a more productive employee, and communication creates a positive work environment. Make time for team meetings, one-on-one reviews and feedback. It’s okay to check in once or twice a week via email, but don’t underestimate the power of a little face time.

Communicating Across Generations

A diverse team of different ages can sometimes face a problem when communicating, especially through technology. The same 15Five survey found that 60 percent of participants said an online Q&A system would make communication easier between, say, Millennials and Gen-Xers. Streamlining feedback this way would increase the amount of information that employees give, and also make it easy for their managers to listen and understand. Tip: it’s important for managers and higher-ups to understand technology and social media, as it’s a primary mode of communication for younger employees.

Independent Contractor v. Employee: What You Need to Know

Companies hire a mix of both contractors and employees to fit their business needs. Sometimes an employee is necessary for day-to-day functions, while an independent contractor fulfills a project’s needs. The classifications that determine whether a person is a contractor or an employee are simple but important, and knowing which is which will keep your business out of trouble with the IRS and the Department of Labor (DOL). Here’s what you need to know when you’re classifying contractors and employees.

  • Employee: the company controls the amount of time the person works, when they  work (office hours) and how the work is completed.
  • Contractor: the individual works on a deadline-basis and the company only sees the work in its final stages, without control of how it’s done.
  •  Employee: the company supplies the person with work tools and software, provides insurance or a retirement plan, and/or provides training.
  •  Contractor: the individual is paid based on an arranged fee and is not provided any benefits.
  •  Employee: must be paid overtime when working over 40 hours per week
  •  Contractor: is not entitled to overtime

If you have any questions on how we can support your company or growing business, call us today at 305-232-0832. We would love to connect with you.