The work force is one important asset not found on the books of a company. A discussion with the existing owner about the Human Resource (HR) policies and practices is very important. Small businesses often rely on the owner to be the HR specialist. The owner likely selects new employees and terminates others on occasion. Knowing the legal rights of both the employee and employer should result in a fair decision that helps both parties.
The WorkBC site has an entire section describing recruitment. A few of the most effective articles for sharpening your Human Resources techniques are:
- The Canadian Human Right’s Commission’s A Guide to Screening and Selection in Employment
- Service Canada’s webpage Evaluating and Testing Job Applicants
- Go2hr’s How to Conduct an Effective Interview
- and Go2hr’s Conducting Effective Reference Checks
- Liebowitz’s Building a Winning Employee Team.
This resource emphasizes the importance of providing continual feedback to employees, considering how employees see you and the firm, sharing future goals and plans, team problem solving and employee decision-making. A buyer would be most interested in determining the culture at the business. In the case of a weak culture, then there may be an opportunity to significantly improve employee morale and, potentially, the overall business results.
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Activity: Strategies for Recruitment and Retention
This activity will help you think about potential strategies and techniques to recruit and retain human resources for your business.
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