Karen
Karen
Karen
Virac, Catanduanes
EDUC 104
Topic: Challenges, Issues and Concerns in Human Relations
Reporter: Karen S. Salvador
Professor: Dr. Lourdes Rodriguez
Keeping up with changing employment laws is a struggle for business owners. Many
choose to ignore employment laws, believing they don’t apply to their business. But
doing so could mean audits, lawsuits, and possibly even the demise of your
company.
2. MANAGEMENT CHANGES
As a business grows, its strategies, structure, and internal processes grow with it.
Some employees have a hard time coping with these changes. A lot of companies
experience decreased productivity and morale during periods of change.
3. LEADERSHIP DEVELOPMENT
A recent study showed more than a third of companies are doing an average job, at
best, at implementing leadership development programs.
5. ADAPTING TO INNOVATION
6. COMPENSATION
Many companies are struggling with how best to structure employee compensation.
Small businesses have to compete not only with businesses of a similar size, but also
with corporations with big payroll budgets. Plus, you have to factor in the cost of
benefits, training, taxes, and other expenses, which can range from 1.5 to 3 times the
employee’s salary.
The Affordable Care Act has been a pain point for many small businesses in the past
few years. Rising healthcare costs mean companies must either pass these costs on
to employees, or take a hit to their bottom line. Since good benefits packages can be
a deciding factor for potential hires, understanding them is key.
Attracting talent is a huge investment of time and money. It’s difficult for
entrepreneurs to balance between keeping a business running, and hiring the right
people at the right time. In addition, it’s impossible to know whether a candidate
will actually be a good fit until they’ve worked for you for a period of time.
Competition for talented employees is fierce. Startups and small companies don’t
have big budgets for retirement plans, expensive insurance plans, and other costly
items that their larger competitors do—at least, not yet. Employee turnover is
expensive and can negatively impact business growth.
10.WORKPLACE DIVERSITY
Multiple generations. Ethnic and cultural differences. These are just a few of the
many factors that make workplace diversity a continual challenge for small
businesses. The risk of lawsuits for failing to protect employees from harassment is
real.
It happens everywhere and is inevitable, but we should avoid it. Disputes among
employees, or between a business owner and an employee usually stem from
similar sources.
Accidents can happen, but prevention must be taken at all costs. Promote safety in
the workplace, not just when a new hire joins, but perhaps quarterly.
5. Attendance Woes
An effective way would be to put something in writing and enforce it, it may affect
certain aspects of their wages (tips, etc) but do this carefully while still practicing
empathy under unique situations.
Dialogues are also a great way to resolve conflict. Moods and feelings are easily
transferable and can affect the entire team if not careful. Conflict is not inevitable,
but is manageable and should be dealt with professionally.
We all have a preferred future, something greater than ourselves. This rings true
especially among millennials, it is proven that they have strong desires to be socially
responsible, and to care for the earth more. Leverage your employees’ desire to do
good in planning out missions and values for your business.
Employees need a compliment or two sometimes, a way for them to know they have
done well. When you focus on their flaws, it reflects a lot more on you than on them,
ensure that corrective action has been taken and move on. When you focus on their
strengths and commend them, they will work with a renewed sense of
responsibility.
When you position people in the right role, they’re certain to thrive. To do so,
understanding your employee’s personalities is paramount.
Work should never be at the expense of your employees’ personal lives. If things are
not fine at work, it impacts the relationships at home and vice versa. Imagine
someone coming home late from work for several nights and not being able to
handle their share of the chores, this may be a problem for their partner and so on.