An employee appraisal provides a regular opportunity for line managers and employees to review the employee’s performance and set objectives for the future. The performance appraisal is a key part of the wider framework of a performance management system which includes regular one-to-ones and and frequent reviews. Regular feedback and appraisals will help the employee to feel engaged with your company and the tasks they're required to do.
When starting up a business, spending money on HR initiatives and policies can easily slip to the bottom of the to-do list. The general focus is to drive immediate returns, and so it can take time to see a real ROI of HR. As a result, HR is being thrown in the mix with ‘business admin’ and is reduced to a mere box-ticking exercise.
Getting the right staff for the job can take a lot of hard work as well as cost companies thousands of pounds in recruitment. Internal recruitment can seem like the easy answer to many staffing issues. After all, you already have the employees on board, you know how they work, what their strengths and weaknesses are plus it makes the process quicker and reduces external recruitment costs.
In our always-on work culture, it’s becoming increasingly more likely employees will burn out. Staff burnout will cause problems not only for the individual but also for your business, including lower productivity and increased absence.
By now, it’s likely you’ll have heard about the recent decision by the Supreme Court to outlaw Employment Tribunal fees, effectively making it possible for employees to bring a claim against an employer without cost.
One of the most frustrating times you may face as a small business owner or manager is when your employee decides they want to leave and, for whatever reason, they're not going to be working their notice period.
Time spent on HR by CEOs equates to £18,700 – 21 per cent of the median average salary for a CEO
Research from breatheHR, a HR software platform, uncovered that CEOs of small and medium-sized businesses (SMBs) are losing a fifth of their working week to HR activity, which includes a long list of admin tasks from signing off expenses to logging sickness absences. As a result, CEOs find themselves caught in a HR limbo with executives unable to focus on strategic imperatives and the growth of their company.
There are a vast number of benefits for including HR software as part of your small and medium sized businesses (SMEs). But without purpose, these benefits would just be 'nice to have', so while we will explore 5 key benefits to HR software, I think it’s vital to first address why it’s important to even consider HR software for your SME.
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