Essential HR Support Services Every Growing Business Needs
Small businesses may lack HR resource efficiency. Unfortunately, this is true because as a startup if you have recently entered the market, you may find it difficult to bear the immense expenses of operating and maintaining internal HR resources. Also, your internal HR may not be adequately trained to handle certain sophisticated yet essential activities concerning employee management.
As a small business, you may need effective HR support services. Thus, HR help for small businesses comes to your aid with their specialised services. These service providers have adequate resources, expertise and technology to provide necessary HR support to your growing business.
Not just technically and skillfully sound, but HR support for small businesses can be ultra-cost-saving as well. A study found that outsourcing your HR functions can save your business expenses by 22%.
As a new business, you may have to cut down on your HR-related expenditures. You may have other priority areas to invest upon, such as increasing the profitability of your business, expanding into new markets and outrunning your competitors. Hence, at this stage, outsourcing HR for your growing business is surely a cost-effective strategy.
You must be wondering, how will HR outsourcing benefit your company? Well, you will be amazed to learn that HR help for small businesses comes in a varied portfolio of essential services comprising employee onboarding, engagement and performance management. In this article, we will discuss certain essential HR support services that can benefit your small- or medium-scale business.
HR Help for Small Businesses: Essential Services You Should Avail of
HR support for small businesses will take care of essential HR functions diligently and efficiently. Some essential HR support functions have been discussed below.
Employee Onboarding and Induction
HR support for small businesses can ensure employee onboarding and induction in compliance with the stipulated laws and regulations. Induction programs should involve aligning new employees with the organisational goals and culture besides setting performance expectations for them.
Background Verification
To verify the credibility of new joiners in your company, it is mandatory to check their employment details, education, criminal records and medical history. If conducting background checks is difficult for your growing business, HR support services are there to help you out in this matter. These service providers can precisely carry out background verifications of your new employees.
Attendance and Productivity Management
If monitoring the attendance and performance of your teams is a stressful and hectic task for you, outsourcing this crucial responsibility is the ultimate option. HR help for small businesses can take up attendance and performance management with the utmost diligence. These providers can set clear performance benchmarks for your employees and also track their attendance and productive hours via advanced tools.
These services will help you ensure that your employees adhere to your company's productivity standards and attendance and leave policies.
Employee Engagement and Wellness
Ensuring employee engagement is crucial for any organisation. HR help for small businesses can support employee engagement by maintaining proper communication so that no employee feels left out, sending feedback related to employee performance and conducting and participating in conflict resolution.
HR services can even conduct wellness initiatives and support work-life balance to enhance the motivation levels of your employees. A study conducted in 2022 by Gallup reveals that 89% of employees felt more connected to their work and reported job satisfaction if their wellness is taken care of by an organisation.
What’s more, Gallup’s research also found 21% higher profitability for organisations that supported employee engagement. So now, it may be clear to you that if you opt for appropriate HR help for your small business that supports wellness initiatives and employee engagement, it can work wonders for your organisation.
Documentation and Data Management
Handling employee data and documents can be hectic and time-consuming for employers. To relieve employers from the stress of managing employee documents like offer letters and termination letters as well as complex employee data, HR support services act as reliable helping hands. These HR help for small businesses maintain data privacy and confidentiality and will process and handle documentation and data with accuracy.
Payroll and Legal Compliance
There are mandatory laws and regulations in India concerning timely and adequate pay for employees. As a startup or a growing business, if you are unable to keep track of such payroll norms then it's best to opt for an HR support service that will help your organisation adhere to employee payroll regulations and prevent your business from any risks. Such reliable services will also ensure that your employees are compliant with your company's standards and policies.
Meeting Training Requirements
Your staff may require regular training and upgrades to maintain your organisation’s productivity growth. As a small business, if you are unable to invest in upskilling and reskilling programs, it's good to go for an HR service provider, which will take care of your training needs.
A 2023 report by the World Economic Forum stated that by 2027, about 60% of workers all over the globe would require adequate on-the-job training facilities. Thus, in this decade, going for reliable HR support that will provide additional training to workers is not just optional but has become a necessity for growing businesses.
Kutumbh Konnect: The HR Help You Need for Your Small Business
Kutumbh Konnect is a top HR service provider that will take care of your employees with compassion and empathy. This HR support firm will leverage the best practices, expert resources and advanced technology to make employee onboarding, background checking, documentation, attendance monitoring and payroll management worthwhile.
Kutumbh Konnect’s compassionate HR help for small businesses will rejuvenate your organisation’s work culture to instil work-life balance. Its specialised HR support for small businesses comes in an affordable package. Hence, you must consider this exceptional HR service provider as the ideal outsourcing partner for your growing business.