Are You Managing These Important HR Functions Effectively? - PowerPoint PPT Presentation

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Are You Managing These Important HR Functions Effectively?

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For many small business owners, spending money on areas of their business that give no clear return on investment, such as Human Resources, proves tricky to justify, despite the fact that this function is a vital aspect of any successful business with employees. This may come down to the fact that HR is, in many cases, often misunderstood, and some of its primary functions are not accurately represented and accounted for. – PowerPoint PPT presentation

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Title: Are You Managing These Important HR Functions Effectively?


1
Are You Managing These Important HR Functions
Effectively?
2
  • For many small business owners, spending money on
    areas of their business that give no clear return
    on investment, such as Human Resources, proves
    tricky to justify, despite the fact that this
    function is a vital aspect of any successful
    business with employees. This may come down to
    the fact that HR is, in many cases, often
    misunderstood, and some of its primary functions
    are not accurately represented and accounted for.
  • To check whether your business is adequately
    managing HRs most important functions, check
    from the list below, and if you arent, it could
    be time to look at outsourcing this essential
    aspect of your business

3
  • Immigration compliance
  • As a business owner in the United States, you
    have a fundamental responsibility to ensure that
    every person you hire to work for you, is
    eligible to do so, and this is only possible by
    completing the USCIS Form I-9. Required of every
    new employee, some sections of the form must be
    completed on or before the new employees first
    official day of work.
  • Providing the company with their identity and
    authorization to work in the United States, the
    appropriate document(s) must be handed to the
    employer by the employee. Failure to do so,
    simply means that the employee is not eligible to
    work in the country.

4
  • Employee classification
  • This particularly confusing aspect of HR can be
    hard to navigate, and many small businesses seek
    help from an outsourced provider to help ensure
    that everyone working for them is classified in
    the correct manner. Misclassifying is commonplace
    due to a lack of understanding or knowledge
    regarding the regulations surrounding different
    classifications, which are listed below
  • Exempt
  • Non-exempt
  • Independent contractors

5
  • Classified employees must fit into a specific
    category, and go on to meet all of the rules and
    regulations, required of them. Note that it is
    always the employers responsibility to ensure
    that every employee is classified correctly.
  • Employee personnel files
  • These files are comprised of a set of required
    documents employers must keep on their employees,
    and can include health benefits, compensation,
    retirement and immigration. Documents must be
    housed and organized accordingly, otherwise
    unnecessary and costly fines could penalties
    could be incurred.

6
  • Employee relations
  • The majority of small businesses are ill-equipped
    to deal with this important aspect of HR, and
    most dont have a qualified person to properly
    take care of employee questions and concerns.
    Help from third parties such as outsourced HR and
    payroll providers is often sought by such
    businesses, as situations involving employee
    relations are a routine responsibility for them,
    and theyre able to handle them properly and
    efficiently.

7
  • Company Handbook and Manuals
  • Whatever the size of your business, every
    employee must be provided with a handbook or
    manual that clearly sets out, among several other
    things, the company rules and regulations.
  • Whether you choose to make these important HR
    functions something that an outsourced provider
    takes care of for you (which to be honest, is the
    most cost-effective and efficient solution for
    many small businesses), or whether you decide to
    try and handle them in-house, the bottom line is
    that they cannot be neglected, and if you dont
    yet have a problem due to a lack of appropriate
    HR functionality, you soon will have!

8
  • Apollo Payroll is one of the premier small
    business payroll companies in Miami Beach and
    Coral Gables. Apollo Payroll is dedicated to
    delivering expert advice, responsive service, and
    highly accurate payroll processing and reporting
    to ensure the success and growth of the business
    that we serve. Our services include comprehensive
    payroll service in Miami and other cities in
    Miami-Dade County, employee background check and
    group health insurance in Coral Gables Miami.
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