7 Small Business HR Options to Consider
Did you know that according to Simply Insurance there are 31.7 million businesses in the United States?
Now that you are one of these business owners, are you ready to find the HR options that will support your business? Do not worry. You’ve come to the right place.
In this article, we will go over some of the most important small business HR options that will be sure to keep your company running smoothly.
Let’s explore a few of the options that you need to consider.
1. Employee Self-Service
One is to provide a portal for employees to access their HR information and documents. Another option is to give employees the ability to update their information. Such as their contact information or emergency contacts.
With a self-service option or looking at alternative HR services for small businesses, you can make your HR processes more efficient and save yourself time.
2. Applicant Tracking Systems
ATS systems can help small business HR services manage the recruiting process by tracking applicants and keeping track of their contact information, qualifications, and other data. ATS systems can also help small businesses score and rank applicants.
Some ATS systems also offer recruiting and onboarding features. Which can further help small businesses streamline their HR processes.
3. Implementing an HRIS System
Use a cloud-based system, which is accessed from any internet-connected device. You can also use a desktop-based system, which requires software to be installed on a local server. Both options have their pros and cons.
A well-implemented HRIS system can save your business time and money, so it’s worth taking the time to get it right.
4. Learning Management Systems
An LMS can help you keep track of employee training, compliance, and certifications. It can also help you deliver and manage e-learning content.
E-learning content can train employees on a variety of topics, such as company policies, procedures, and processes.
5. Performance Management Systems
This system can help set goals for employees and provide feedback on progress. Analysts suggest that well-designed performance management systems can improve organizational productivity by up to 15 percent.
6. Automated Reminders
By utilizing automated reminders, business owners can free up valuable time to focus on other areas of their business. Automated reminders can be set up for a variety of tasks, including employee performance reviews, benefits enrollment, and changes in company policy.
They can choose to use a reminder system that is already in place, such as Microsoft Outlook, or they can use a third-party reminder system. By taking advantage of this technology, small business owners can keep their fingers on the pulse of their company while still having time to grow their business.
7. Compensation Management Systems
They can use a traditional system where employees are paid a set salary. Or they can use a more modern system where employees are being paid based on their performance.
Some small businesses opt to use a hybrid system, where employees are paid a base salary plus a bonus for meeting certain performance goals.
The Best Small Business HR
In conclusion, some key options include employee self-service, ATS systems, implementation of HRIS systems, LMS systems, performance management systems, developing an employee handbook, and compensation management systems.
These small business HR options can help you identify and address potential issues early on, and can ultimately help improve employee morale and performance.
Take a look at our blog for more articles related to both HR and other business strategy options!
