Is your growing business ready for the potential challenges of managing employee relations as you continue to expand? Do you or other senior officers have time to address this, along with all the other important issues that need your attention? Possibly you have looked at hiring HR personnel, but the cost has been seen as detrimental?
There are many unforeseen adverse situations that may arise with employees, that could lead to major impacts on the viability and financial stability of even the best-run firms. This is perhaps especially true in moderate-sized businesses – since they seldom have established protocols or in-house HR services for handling such events, that would likely be present in a larger company. In addition, they may be transitioning up from a smaller startup size where the management-employee dynamic was more relaxed and casual.