....on a small-business budget
HR & Risk Management
HR on a small-business budget
The bottom line? Even small businesses need some kind of HR presence. There are a number of things that human resources professionals can do for a business that other employees just can’t. You’ll save time – and likely money – in the long run by using HR from the start.
Essential Elements of HR
Hiring & Firing
Hiring a new employee can take a lot of time – time that, as a small business owner, you don’t have. Many small businesses find themselves subject to litigation and fines caused by improper employee classification, non-compliant hiring processes, and/or wage and hour disputes. SourcePointeHR will ensure that your pre-hiring & new employee implementation is legally sound and compliant.
Another reason you need a human resources professional? They know the ins and outs of employment law. All it takes is one mistake when hiring or terminating a staff member, and you could get slapped with a lawsuit. If you don’t know employment law, you could be putting yourself, your business and your reputation at risk. To avoid lawsuits and internal conflicts, retain an HR professional who knows how to remain compliant with state and federal laws.
Employee Records & Security
Did you know you need to keep not just one but three files on each of your employees? You need to have an I-9 file, a medical file and an employment file for each member of your team. If you don’t fill out and keep these forms, files, and information accurately and in the right place, you could face fines up to several thousand dollars. SourcePointeHR's experts know what files you need to store when you need to update them, and where they should go, as well as keep them organized and easily accessible.
Handbooks & Manuals
Do you have an employee handbook? If not, you should. Even if you only have a few employees, you still need a manual or handbook to lay out the rules, regulations, and expectations you have for your employees. Handbooks make it easier for employees to know exactly what’s expected of them, but they can also be used to cover your back in case of employee disputes.