8 Ways to Make HR Profitable for Your Small Business

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8 Ways to Make HR Profitable for Your Small
Business
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• A well-run HR department can be of inherent value
  to any business, large or small, and once you
  begin to appreciate this fact and invest in HR,
  youll find that your employees become more
  empowered and more productive. Great health
  insurance is more than a gift to employees, its
  a reason for them to stay loyal to the company,
  to work harder and to feel more valued as a
  worker in turn, as an employer, you get to reap
  all the rewards of an invigorated workforce.
• Read on to discover more about making HR
  profitable for your small business

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• Start by linking HR responsibilities
• Swift hiring decisions based upon cashflow,
  predictive analytics and your runway, are made
  easier when you link your hiring plan with your
  benefit costs and related outlays to your
  financial model enabling you to save a lot of
  money on unnecessary hiring and future layoffs.
• Improve internal communication
• Improve your channels of communication make them
  open and anonymous, centralize them, and connect
  them with different apps through APIs.

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• Make mental health and care your priority
• Check-in regularly with your employees and
  monitor their mental and physical wellbeing to
  ensure that theyre not suffering from burn-out
  or any other issues.
• Anonymous surveys
• Carry out surveys that enable your employees to
  communicate how theyre feeling about all aspects
  of their work and the company as a whole, then
  respond appropriately to ensure that they get the
  help or advice they need.

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• Celebrate transparency
• Have the HR department post internal projects for
  everyone to see helps to promote the spirit of
  transparency, and enables companies to take
  advantage of internal resources.
• Have HR run learning and development training
  sessions
• Internal trainings hosted by HR can help
  employees start side projects which may go on to
  produce new products and services, and
  ultimately, increase revenue for the whole
  company.

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• Create flexible roles
• Making talent your priority when hiring, as
  opposed to just skills and qualifications, can
  help your business to generate creativity and a
  virtuous cycle of high engagement, which
  ultimately, can lead to bigger profits and a
  better employee brand to attract more new talent.
• Run offsites
• When a business arranges for regular interactions
  between departments, it can help employees get to
  know each other better, and collectively
  reiterate the companys purpose and vision.

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• While it might seem like a misnomer, outsourcing
  your HR responsibilities can actually help
  increase profitability for your business, and can
  enable your existing HR employees to focus on the
  more physical, engaging aspects of their role,
  such as with arranging training sessions and
  offsites. For more detailed advice and guidance
  about all aspects of HR, talk to a payroll
  specialist today.

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• Apollo Payroll is one of the premier small
  business payroll companies in Miami Beach and
  Coral Gables. Apollo Payroll is dedicated to
  delivering expert advice, responsive service, and
  highly accurate payroll processing and reporting
  to ensure the success and growth of the business
  that we serve. Our services include comprehensive
  payroll service in Miami and other cities in
  Miami-Dade County, employee background check and
  group health insurance in Coral Gables Miami.