Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









RISKY BUSINESS

Written by: Tina Hamilton

Article Overview: Human Resources is its own quagmire of risk. Compliance, employee relations, interviewing, and on and on. There are certain basic rules in the world of hiring and managing employees where risk-taking is not advisable. You can’t afford to not do background checks. You can’t afford to not have employees sign release forms, you can’t risk classifying your employees incorrectly, or guessing about the proper way to implement a disciplinary policy.

Free Download - DELEGATION FOR BEGINNERS By Tina Hamilton
Name: Email:

RISKY BUSINESS

Human Resources is its own quagmire of risk. Compliance, employee relations, interviewing, and on and on. There are certain basic rules in the world of hiring and managing employees where risk-taking is not advisable. You can’t afford to not do background checks. You can’t afford to not have employees sign release forms, you can’t risk classifying your employees incorrectly, or guessing about the proper way to implement a disciplinary policy.

Here are more, just to name a few, of the other biggies that can cut into your bottom line in the form of legal fees, if you don’t fully appreciate the risk of not understanding, not implementing or not documenting things correctly.

Understanding what you can (and absolutely can not) ask during an interview
ADA compliant Job Descriptions
SOX compliance
HIPPA compliance
Internet Usage Policies
Poorly administered Worker’s Comp or FMLA Programs
USERRA compliance
Lack of a Progressive Discipline Policy
Wrongful termination cases
Unnecessary Unemployment Comp fees

Business is risky. You have to have the stomach for it. You won’t ever be free of risk, but if you take the necessary steps to ensure that basic HR requirements are taken care of properly – which often means knowing when to pick up the phone and call for help – you may be able to crunch fewer antacids over the course of your day.

Related Articles
  A Four-Part Framework for Reaching Out to New Markets
  Risking by Not Risking
  What High Level Enrepreneurs Think Great Coaching is About
  Art is what we call...
  Sales Tip: Selling Yourself By being different

Home > Human-Resources > Tina Hamilton > RISKY BUSINESS
Article Tags: ada compliant, antacids, background checks, biggies, bottom line, disciplinary policy, discipline policy, employee relations, human resources, internet usage policies, interviewing, job descriptions, necessary steps, progressive discipline, quagmire, risk taking, sox compliance, stomach, unemployment comp, wrongful termination

About the Author: Tina Hamilton
RSS for Tina's articles - Visit Tina's website

Tina Hamilton, PHR, is CEO and Founder of hireVision Group, Inc, a Human Resources company focusing on Hiring Management and HR DirectLink Services. Former owner of a multi-million dollar staffing service franchise, Tina successfully sold back the franchise and used the profits (and her passionate, entrepreneurial spirit) to launch hireVision in 2002 to make HR services available and affordable to any size business. With over 20 years in the field of Human Resources, Tina has a depth and breadth of expertise in compliance, hiring practices, employee relations issues, small business start-up, corporate HR practices and networking and leadership expertise. Well-respected in the business community, Hamilton is also a sought-after speaker and a monthly columnist. Beyond all of the skills, knowledge and rules of HR, Tina’s mission is to preserve - and often reintroduce - the "human" element of the HR function. Learn more about hireVision Group at www.hirevisiongroup.com, or contact Tina directly at tina@hirevisiongroup.com. This is a company and a leader you’ll be happy you know.

Click here to visit Tina's website
Dashed Line

More from Tina Hamilton
EMPLOYEE TRUST WHAT TO DO WHEN YOU FEAR THE WORST
YOUR EMPLOYEES ARE REALLY VOLUNTEERS
DELEGATION FOR BEGINNERS
Empowerment Autonomy Discretion Oh My
HIGH ACHIEVERS


Related Forum Posts
Re: SEEKING PRIVATE OR ANGEL INVESTOR Re: SEEKING PRIVATE OR ANGEL INVESTOR - Definitely have a thorough and accurate business plan. In the US, you can get help at SCORE - their website is full of great information and you can check for local chapters. If you would like a book that has all kinds of great information about financing options - this one is very good --- HOW TO GET THE FINANCING FOR YOUR NEW SMALL BUSINESS: INNOVATIVE SOLUTIONS FROM THE EXPERTS WHO DO IT EVERY DAY—WITH CD-ROM This new book will provide you with a road map to securing the financing. The book goes into traditional financing methods and assists the reader in setting up proper financial statements and a proper business plan. It details the differences between debt and equity financing and how and why to use each. Valuation techniques are explained for determining what your business is truly worth. However, the book’s real strength is in explaining alternative and creative methods of financing, such as SBA financing, investor angels, IPOs, limited public offerings and venture capital. Essential resources for finding the detailed information you need are included throughout. Item # 9780910627559 $39.95 Shri
Re: I want to make money online Re: I want to make money online - First, I'd say definitely online. Your $3,000 will go a lot further online than offline. Second, I'd read Kevin's list and the linked article and make a BUSINESS decision what you want to do, what you can offer and who you can sell it to. Do some serious keyword search and find a hungry niche, and this is your start (free). Second step (free): Sign up for clickbank, paydotcom or some other affiliate exchange and find suitable products to promote. Third step (free): Get a free site somewhere, but make sure it's on something that looks like its own domain - yourname.wordpress.com or yourname.blogspot.com or some such. Write some nice things that promote your affiliate products and put your affiliate links on the page. Fourth step (free): Go on article directories like evancarmiahcel.com (if appropriate) or ezinearticles.com and write stuff that is interesting for your niche, using your niche keywords. Put a link to your new site in the resource box/bio. Keep doing this until you make money. My kids (18 and 12 at the time) sold stuff on clickbank. Anyone can do this. Good luck!
Are you Self Employed or a Business Woman? Are you Self Employed or a Business Woman? - Us women are especially vulnerable to thinking we can do EVERYTHING ourselves! I'm not immune to this way of thinking either. (It seems to go with the territory of having XX chromosomes and growing up in our North American culture.) Anyhow, this kind of thinking can actually trip us women up when it comes to business. I've heard it said that a true business is something you create that can eventually run by itself. A business is meant to give us freedom and not tie us down. A business works FOR YOU. If you are the one working FOR YOUR BUSINESS, then I invite you to open up to the possibility of using your entrepreneur skills to recreate a business that works for you. When I was first challenged on this concept, it was a huge AHA moment. I am grateful because I realized I was still a little stuck on working harder instead of working smarter. I've opened up to a whole new world of possibility and now I'm thinking MUCH BIGGER than before. I expect my income will be much bigger as well. In all honesty, I've realized that my coaching business has been a glorified job. I will still do coaching because I love to do it, but now I am in the process of developing multiple streams of income that use my time more efficiently and products that sell even while I'm on holidays. I'm also developing a retail store which will eventually mostly run itself. Then I will move on to my next project. It's liberating to be on the path of creating businesses that work FOR me. This is how I can run multiple companies without wearing out! In fact, I plan on having MORE time for me. So, what are you doing? Are you self employed or running a business?


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Ready for a Fresh Image?

SEO – Link Building Secrets

Top Ten Home-Based Businesses

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.