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April 2019

Common Mistakes Made In HR Strategies For Startups

Common Mistakes Made In HR Strategies For Startups

Anyone opening up a small business or launching a startup probably already has a good grip on the nature of the company they are starting and can handle many of the early stages with ease. However, one aspect that is present in almost every company can throw even the most prepared people for a loop: human resources.

Without competent HR strategies, you may hire people who aren't a great fit or the employees you want to keep may leave the company. A total of 2.7 million workers voluntarily left their jobs at the end of 2015. If you aren't mindful of your business's HR policies you could see many people voluntarily leave your company before you hit your first-year mark. Know these common mistakes in HR strategies for startups and you can avoid them as you develop your business.

Mistake 1: Lacking a vision

Hiring a new employee -- or many new employees -- can be an exciting process that you want to jump into as soon as possible. However, if you don't have a clear outline of what your new hires will be doing in your company you will be setting them up for failure. Before you dive into the hiring process, establish a clear vision of the duties that your new employees will perform and the qualities you want to see in the people who will eventually hold the positions.

Mistake 2: Rushing through recruiting

While it may seem like you'll be wasting time if you don't hire people quickly and get bodies in the door, you will be throwing away many more resources if those hastily hired people leave quickly or negatively impact your business in the time they work for you.

One of the most important HR strategies for startups is to properly screen job candidates over the phone before an interview. When you skip this step, you run the risk of spending time on candidates who lack the necessary requirements or attitude for the position. Consider working with human resources recruiters to conduct these screenings and subsequent interviews so that you know you're getting the best of the best into your company.

Mistake 3: Not having a benefits package that is actually beneficial

If your company's employee benefits package isn't up to par with other packages on the market for that talent, you won't attract candidates with the level of skill and knowledge you are looking for. Before you decide on a benefits package, determine the types of qualities and talent you want to see in your employees. Once you determine that, research your area's compensation trends or work with an experienced HR consultant to advise you on the appropriate benefits package.

When it comes to HR strategies for startups, it is all too easy to make mistakes early on that affect your business for years to come. Contact Frederickson Partners today to discover how professional HR recruiters can help your startup.