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Human Resources. Importance of Employees In a Small Business. Responsible for a number of activities Make Management Decisions Critical for the day to day operations. Managing Human Resources. Ensures that employees are available, productive, paid and satisfied with their work.
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Importance of EmployeesIn a Small Business • Responsible for a number of activities • Make Management Decisions • Critical for the day to day operations
Managing Human Resources • Ensures that employees are available, productive, paid and satisfied with their work. Types of Employees Permanent Employee Temporary Employee Full-Time Employee Part-Time Employee
Finding the Right Employee • Employee Qualifications • Determine the skills that will benefit the company and are not already being satisfied by current employees. • Knowledge of what is currently and will be needed • Determine where to locate New Employees that will BEST fit the needs of the organization.
Attracting Employees • Compensation • Salary and Wages (Hourly, Commission, Piece Rate, Salary + Commission, Salary, Bonuses, Stipends) • Benefits • Health, Dental, Vision, Disability, Life Insurance • Retirement, Discounts, Paid Vacations, Maternity Leave, Sick Days • Perks • Workout Facilities, Day Care, Company Car, Work from home, Set own hours, Casual Dress Days, etc..
Training and Development • How will you prepare your employees to effectively execute the business idea. Role Plays Classes Mentors Training Exercises Seminars Schooling/ Continuing Education On the Job Training