Business owners often ask, why do we need a mobile HR app, we are a small organisation? They say– most of our people work in the office or factory.
What they don’t say is often implied in their tone: Mobile app is not a necessity, but a luxury meant for larger organisations. A waste of money for SME organisations.
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The business world is competitive and it’s getting tougher. With no regard for the size of your business. The competitors poach the best talent from smaller, successful companies. And the employees get job recommendations from LinkedIn and other platforms all the time.
It’s pretty important to retain our best talent. And that needs active engagement.
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An interesting conversation took place between Mr Agrawal and his son, recently. His son has just finished his MBA from a premier institute. Mr Agrawal was picking his brains, how to modernise their family business.
When the son asked for HR data Mr Agrawal opened an Excel Sheet on his laptop. The son stopped him then and there.
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Payroll is a sensitive function. Even a small error or discrepency can arouse anguish in employees. That’s why the role a payroll controller is crucial for maintaining the smooth operation of payroll processes.
A payroll controller is responsible for overseeing and managing the payroll function, ensuring accurate and timely payment to employees while maintaining compliance with relevant laws and regulations.
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The SME companies are different from established organisations. Not just in scale, but also in their growth story. SME organisations are ever-changing, ever-growing. From creation of new policies to developing the organisational structure, HR’s role is crucial, as well as challenging.
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There are two primary functions of an entrepreneur. Creating demand for the business, and building the organisation that can deliver the products and services to customers and clients.
These are massive responsibilities. Each one of them needs complete focus and attention of entrepreneurs.
That’s a unique challenge which managers in big organisations don’t face. They are required to fulfil only their job role. Which is mostly function specific. But an entrepreneur must wear many hats.
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In today’s technologically advanced world, businesses are constantly looking for ways to streamline their operations and improve efficiency. Many technology innovations are happening in the HR domain also.
SME HR departments all over India are leaving legacy Desktop HR software and migrating to cloud HRMS (Human Resource Management System).
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Here is an interesting fact–
Many SME business owners postpone the implementation of payroll and HR software till they come to a certain size. They think that manual payroll processing, or a limited desktop software, is sufficient for their organisation.
But startups go for the automated HR solution early. Even when they are just a 20-person team.
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We are often asked, should SME businesses go for integrated HR and payroll software?
The quick answer is: It depends on what kind of business you run and what is your business philosophy.
Workforce upskilling has become a buzzword in the current job market. With technological advancements and ever-changing business needs, the workforce must stay relevant to be successful.
In our view, upskilling is even more important from the perspective of SME businesses. Because the employees are often not professionally educated or trained for their job roles. Many junior employees take on bigger responsibilities, as senior people are not affordable.
In such scenarios, upskilling can be a good way to remain competitive.
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