The Cash Flow Contractor 203 - Why You Can't Overlook HR as a Growing Contractor with Sara Anwar
Apr 11, 2024
50:48
Thinking HR is only for the 'big players'? Think again! This episode with HR expert Sara Anwar breaks down why HR is crucial for small businesses and growing contractors. Tune in!
Time Stamps
- 01:41 - Intro to Sara Anwar
- 03:19 - Sarah's Journey into HR
- 06:31 - HR Essentials for Small Businesses
- 10:54 - Understanding Handbooks and Job Descriptions
- 13:53 - The Importance of Onboarding and Training
- 16:2 - Adjusting Job Descriptions
- 20:19 - Handling HR for Growing Businesses
- 26:09 - Navigating HR for Subcontractors
- 28:05 - Consequences of Misclassification
- 30:39 - The Essential Components of an HR Handbook
- 37:30 - Choosing the Right HR Software for Small Businesses
- 40:23 - Understanding HR Consulting and Software Costs
- 46:07 - Navigating Employment Contracts and Compensation Models
- 49:24 - How to Get in Touch with Sara Anwar
Quotable Moments from Sara Anwar
- "Sometimes things can go sour when you are running a business. Things change the relationship at times. So I would still harp on having a set of guidelines."
- "When you get to about 20 to 30 employees, you probably should think about having a full time HR."
- "We want to treat them well, but we need to be very careful about every little thing. This really needs to be airtight to make sure they don't have cause later to say, "I should be an employee as opposed to a contractor."
- "Internet and email and social media use. That's a hot topic these days!"
- "It [HR] may cost just a little upfront, but it's certainly better than paying the fines, and the lawsuit money, and settlements that can come out of not having it."
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