SME

Time for a Spring Clean

21 Apr
by Donna Obstfeld, posted in Audit, Business, HR, Human Resources, RIsk, SME   |  No Comments

You take your car for an MOT, you take yourself to the doctor for a check up, you even get an accountant to look at your books, but when was the last time you gave your employee practices an audit?

Do you know if you are legally compliant?
Are you sure you are getting the best value for money from your employees?
Are your employees motivated and engaged with your business?
Would your employees recommend you as a good employer to work for?
Do you know the risks your business is exposed to as a result of its current employment practices?

For many SMEs across London and Hertfordshire, the answer is “no”, or sometimes a little more naively “I don’t care, we are too smalll, it doesn’t affect us”.

At DOHR we carry out a full HR audit. We interview the business owners, we use questionnaires with staff, we look at documents, we review data and we ask lots of questions.

What business owners end up with is a thorough understanding of the risks their business is exposed to as a result of employing people. Sounds scary, we know, but the best way to protect a business from anything is to understand the risk, put in place actions to mitigate the risk and continue to monitor the situation on a regular basis.

Employment tribunals for discrimination, bullying and failure to follow procedures can cost thousands to defend and tens of thousands (if not more) in damages. For an SME these costs can be the difference between having a business and shutting it down. Even with one employee, it is important to get HR advice, understand what you should be doing and then decide how to do it in a way which works for your business.

HR for small businesses

20 Apr
by Donna Obstfeld, posted in Hertfordshire, HR Consultant, HR Support, Human Resources, SME   |  No Comments

An employer is never too small to need HR support. From the time you employ a single person, you are subject to employment law requirements. A written contract of employment, employers liability insurance and health and safety are the bear minimum.

Once you reach five employees, you need to offer a pension scheme (although you do not need to contribute) and you need to have certain policies documented.

Even with one employee, a business is at risk of an employment tribunal if it fails to get things right. The risk of discrimination and the legal requirement to provide time off to care for dependents are just a couple of examples of risks which are relevant to businesses of all sizes and can actually be more of a risk to smaller companies as the company is less able to take up the slack.

It is never too early to get HR advice for your business.

DOHR provides a complete HR support and consultancy service for businesses of all sizes across Northern London and Hertfordshire. Give us a call on 01923 504100 for a free chat to find out how we can minimise the risk your employees can bring to your business.

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