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Small Business Management - HR Practices
A few key considerations are essential to success in HR practices for small business management. Hiring and managing employees, compensation, benefits, and remaining legally compliant are crucial factors that need to be addressed. Understanding these areas is critical for any small business owner who wants to create a high-performing, cohesive team that can help the business succeed.
Small businesses often have to be more creative and innovative when attracting and retaining top talent. They may not have the same resources as larger businesses. Still, they can make up for it in other ways. For example, small businesses can offer a more collaborative and intimate work environment, appealing to employees looking for more than just a paycheck.
- Describe all that goes into hiring and managing labor
- Have a thorough understanding of employee compensation and benefits
- Employer obligations.
*This course references US legislation and statistics.