Question

If you were to start a business, what aspects of human resource management would you want to entrust to specialists? Why

Answer 1

Any business planning to engage workforce needs to understand and comply with the relevant labour laws, health and safety regulations and tax obligations. It is highly recommended to use specialist help to gain understanding of these areas and set up systems that will easily allow to hire, onboard, retain and offboard staff. Secondly, a new business employing workers/employees needs to establish suitable contracts which are both legal and allow protection of the intellectual property, set restrictions of trade and non-solicitation during and after the employment. Thirdly, payroll, setting up a system to track legally and contractually agreed pay rates, payments, paid time off etc.
Why? Business needs to be conducted lawfully or there will be a risk of fines or a trading ban. A successful business needs to protect itself and minimise the risk of any future disputes with its employees. Employees need to be paid correctly, on time and lawfully.

Answer 2

Explanation:

Training and development would be an essential item to entrust to specialists at the beginning of a new business, because, due to the lack of marketing experience, the new entrepreneur might not obtain essential techniques to train his collaborators and the specialists would assist with essential techniques and tools for development of employee capacities, in addition to implementing training in line with organizational objectives and goals in a more effective and efficient manner.