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Managing HR in small and entrepreunial firms - Coggle Diagram
Managing HR in small and entrepreunial firms
THE SMALL BUSINESS CHALLENGE
How Small Business Human Resource Management is Different
Size
The rule of thumb is that it's not until a company reaches the 100-employee milestone that it can af ford an HR specialist.
Priorities
time, money, people and expertise, a typical SME
Informality
the need for small businesses to adapt quickly to competitive challenges uflen means handling matters like raises, appraisals, and time off on an informal, reactive basis
The Entrepreneur
Entrepreneurs are people who create businesses under risky conditions and starting new businesses from scratcs is always risky
Implications
competitive disadvantage
the firm lacks specialized HR expertise
compensation reg ulations and laws.
data entry errors
Why HRM is Important to Small Businesses
LEVERAGING SMALL SIZE: FAMILIARITY, FLEXIBILITY, FAIRNESS, INFORMALITY, AND HRM
Simple, Informal Employee Selection Procedures
Flexibility in Training
Four-Step Training Process
Step 1: Write a job description.
Step 2: Develop a task analysis record form
Step 3: Develop a job instruction sheet
Step 4: Prepare the training program for the job
Flexibility in Benefits and Rewards
Fairness and the Family Business
Set the ground rules
Treat people fairly
Confront family issues
Erase privilege
Using Professional Employer Organizations
HUMAN RESOURCE INFORMATION SYSTEMS (HRIS)
HRIS Vendors
HR and Intranets
MANAGING HR SYSTEMS, PROCEDURES, AND PAPERWORK
Basic Components of Manual HR Systems
Automating Individual HR Tasks
USING INTERNET AND GOVERNMENT TOOLS TO SUPPORT THE HR EFFORT
Complying with Employment Laws
The DOL
helps small businesses determine which laws apply to their business
OSHA
The DOL Occupational Safety and Health Administration site (www.OSHA.gov/) simi- larly supplies small business guidance
Employment Planning, Recruiting, and Selection
Social Media and HR
Suggestions for improving a small business's recruitment and selection efforts include
Keep it in the industry
Automate the process.
Test online
Poll your inner circle
Send a recording
Employment Training
Employment Appraisal and Compensation
Employment Safety and Health