When you start a business – you (the promoter / founder) are everything for the business. You are expected to don multiple hats – CEO, CTO, CFO, Receptionist, Runner, Cleaner etc. As you move forward, the concerned responsibilities can be shared across co-founders, founding team members till you are ready to hire dedicated resources for…
It’s best to keep a tab on organisation’s need – employees and businesses expectations. HR policies and processes have to maintain a good balance between business & people priorities. Once your startup plans to or has added a few employees, it may be a good time to start thinking about getting the HR policies &…
We may normally think that HR comes in only when a business has employees and is somewhat mature. To ensure that a business has a good foundation, it helps startup founders to think HR, even at an inception stage. Stage 1 – When it’s only the founders. We may normally think that HR comes in…
Last year, the CEO of a small IT company asked my firm to undertake a compensation benchmarking exercise to identify compensation of similar manpower in comparable businesses. They wanted benchmarks for the software developers, design guys, and other operations team members in the business. They wanted adequate data to be able to make informed decision…