[Approximately a 4 minute read] If Covid taught the business world one thing, it was that how we lead and manage in the future will separate the good companies from the great. It will also go a long way towards establishing an Employee Value Proposition that does not rely on financial incentives. But first, why do we separate being a Leader from being a Manager – particularly for mid-level managers (often the ‘meat-between-the-bread’)? What is Leading and Managing? Let’s start …
Why do SME businesses need human resource (HR) services?
In the same way that all business owners are in the business of sales and marketing – all business owners with staff are in the business of human resources (HR). Why do we say that? It can cost up to 50% of a team member’s salary to replace them if you don’t recruit the right person first time around – yep, that’s $35,000 for someone on $70,000 Wages are the single most reported cost pressure for WA businesses – so …