In the early stages of start-ups, a lack of resources and brand awareness creates a situation where risks must be taken in order to compete. The culture of a small team is automatically built on key personal chemistry. However, it is crucial to HR evolve hand in hand with the company. As the company grows, the functionality of personal chemistry alone is not enough. To retain the best experts and increase new human capital through recruitment, more attention must be paid to personnel management and employee experience.
Company can get started with an employment contract template found online, but surprises can be avoided once the HR processes have been reviewed with a professional. For example, the consistency of employment contracts, vacation policies, records, and post-employment practices can come as a surprise if they have not been thought about in advance. However, in the growth phase, a company does not always need an in-house, full-time HR expert. In this case, a more suitable and cost-effective solution can be found in the services of an HR kick-off workshop and a part-time HR professional.
As the number of employees increases, the employer's legal obligations, nurturing and developing the organizational culture and taking care of the employee experience become even stronger. It will surely come as no surprise that committed and satisfied employees do their jobs better. Studies show that this is also reflected financially in the numbers. Employees who are committed through strong employee experience are 21% more profitable, while those who are less committed (Gallup 2016) and companies that invest in employee experience have 11% higher turnover than those who did not invest in it (Forrester Research 2016). For this reason, it is important to keep the human resources strategy on track with the company’s growth.
Growth is an admirable state that must also be managed. As the company grows, it takes more time to develop personal chemistry and get to know people. Well-designed processes, such as successful training period, create better opportunities for staff to succeed in their jobs and increase their skills. We support you in the design and development of processes, as well as in many other personnel-related issues.