Whether you're just starting out or you're already established, you'll no doubt already be aware of the challenges that running an SME business can present. With everything from developing a sound business plan and directing the business towards profitability, you also have to manage people, especially if your vision of growth includes expansion.
If you are looking for growth and expanding your workforce, then understanding employment law is a must, especially given the recent changes that the new Government has introduced. It can be daunting navigating this landscape; however, in the long run it is highly advisable, even if you are a small operation, as falling foul of employment legislation can be extremely costly, both financially and in reputational terms.
Take the guesswork out of implementing compliant HR policies and procedure, talk to the expert team of HR advisors at Croner [1] today.
Consider outsourcing your HR if ‘In-house' is not a viable option
Running a business inevitably means that your day-to-day is taken up with managing overheads, invoices and maintaining relationships with suppliers and affiliates.
Hiring an HR professional, especially if you have a small team, probably seems like an unnecessary expense. In this instance outsourcing your HR needs would be a much more viable option. This means you will have all the correct, legally compliant documentation, as well as advice should you encounter issues.
Remember, getting processes wrong in cases regarding dismissal and redundancy, etc. can easily land your business in hot water, resulting in employment tribunals that can result in monetary and reputational penalties.
Research your industry for legislative updates and legal compliance
Keeping up to date with your industry not only
helps you tap into markets that, till-now, were overlooked. It can help you
understand the regulatory landscape when it comes to things like health and
safety and new laws and legislation.
Missing new additions to legislation can easily catch a business out, so
ensuring you are aware of legislative changes and the dates that they will be
implemented is key to staying compliant. Better yet, ensure that your
documentation, workplace policies and training are in place well before the
changes come into play.
This way there are no potential gaps that could see your business vulnerable to a potential employment tribunal case.
Ensure that your business is compliant with Labour's Employment Rights Bill
Labour's plan to expand worker's rights is set to be the biggest change to employment law in a generation. Ensuring that your business adapts employee contracts, workplace policy and practices is paramount to staying legally compliant and avoiding getting ensnared in costly legal cases should an employee raise a case to tribunal.
What are the changes to employment law?
Croner [2] and get award-winning HR support for your small business today.
We have over 80 years' experience in helping business owners with their HR, Employment Law and Health and Safety challenges, so we can help your business find the ideal solution to effectively manage HR and ensure compliance with the new legislation before it becomes law.
Sign up with Croner [3] and gain access to a wealth of benefits, talk to our experts on 0800 880 7092.