Scalability decisions impact every growing business. While seeking to increase sales, you must balance the resources needed to support your growth. As your company grows in size, you also experience increasing complexity in human capital needs. With a tightening labor market and escalating employment compliance requirements, how do you know when it is time to expand HR? How do you determine the right HR strategy to meet your growing demands? And, what HR resources do you need to maintain in-house and what functions can be outsourced?
In this session, we’ll discuss five (5) of the most common HR challenges a growing business faces and then evaluate the benefits and pitfalls of building in-house HR, outsourcing HR, or leveraging software solutions to ensure your company not only meets all the legal requirements, but rises to the level of a preferred employer.
By the end of the session, participants will be able to:
- Understand a few of the most common challenges for a growing business
- Identify three HR strategies to address your growing HR needs
- Evaluate which strategy is best for your organization’s unique needs