The business owner’s 2024 HR checklist

Follow this 5-step checklist to ensure you get the very best out of your team this year.

Confirm legal compliance

The quickest way to incur a costly employee claim is by not having the right paperwork in place. Fortunately, it’s one of the simplest things to rectify, which is why it’s our top priority.

• Confirm you’re paying all staff at least the national minimum wage
• Validate your staff’s right to work in the UK
• Conduct required DBS checks
• Verify you have the correct employment liability insurance
• Ensure everyone possesses an up-to-date signed contract
• Confirm everyone has access to your company handbook
• Verify everyone is aware of your policies
• Ensure you are not discriminating against any employee with protected characteristics

Cut costs using HR software

Managing employees takes time and, as we know, time is money. That’s why utilizing HR software can reduce administrative time and costs.

Use software to assist in managing:

• Recruitment and applicant tracking
• Employee onboarding
• Employee records
• Time and attendance tracking
• Payroll management
• Benefits
• Performance management
• Training and development
• Employee self-service
• Compliance and reporting
• Analytics
• Documents

(This is not an exhaustive list)

Employ audits and surveys to identify areas for improvement

Insights are crucial for making informed decisions for your business, and internal audits and surveys can provide just that.

Here are some aspects you should aim to enhance using audits and surveys:

• Culture
• Training and development
• Employee engagement and satisfaction
• Employer branding: recruiting and retaining the best people
• Performance

(This is not an exhaustive list)

Ensure employee satisfaction

Employee happiness directly impacts the productivity and profitability of your business. A happy team equals a happy business; a sad team equals a sad business.

Consider these strategies:

• Promote employee wellbeing
• Address work-related causes of stress
• Support staff facing mental health challenges
• Develop a mental health plan

(This is not an exhaustive list)

Collaborate with an expert HR consultant to craft your people plan

A people plan is exactly that – a plan outlining how you will manage and leverage your biggest asset to achieve your goals. Predictions indicate that 2024 will be a challenging year for business owners, underscoring the importance of working with an expert to create a people plan.

Ensure your people plan covers these key points:

• Align vision and mission with strategy and goals
• Workforce analysis and planning
• Recruitment
• Engagement and retention
• Training and development
• Budget and resource allocation

(This is not an exhaustive list)

 
Need assistance in optimising your team’s performance this year? Let’s have a chat.