MyHR Blog

How MyHR supports startups and SMEs

Written by Julian Hackenberg, HR Manager | May 15, 2024 11:30:26 PM

Startups and small to medium-sized enterprises face many unique challenges, none more so than managing human resources (HR) effectively when everyone in the team is so busy.

As a leading HR platform for businesses without dedicated HR departments, MyHR specialises in empowering organisations to simplify complex employment processes, connect with employees, and ensure you meet all your legal obligations.

Let's explore how we work with startups and SMEs to streamline their HR operations and drive business success.

What is MyHR?

MyHR is an integrated HR software platform and HR advisory service that unscrambles people management for employers. We specialise in supporting businesses who need effective HR systems but are not yet at a size or stage where hiring an in-house HR manager or staff is practical.

Our comprehensive platform enables businesses to manage their people efficiently, from issuing contracts and onboarding new staff to conducting performance reviews and managing payroll and leave.

Our advisory team provides expert guidance on basic HR queries and more complex matters such as disciplinary actions, dismissals, or compliance issues.

Key HR challenges for startups

Startups and SMEs often face common challenges when it comes to managing HR operations:

  • Time constraints: Startup founders and SME leaders are typically busy working on business growth and innovation, and don’t always have time to focus on complicated compliance or workforce issues.
  • Knowledge gaps: Employment law often changes and HR best-practice is always evolving, which can be overwhelming for SME employers without HR expertise.
  • Lack of desire: Many entrepreneurs venture into business because of their passion and expertise in a specific field, not because they enjoy dealing with people management matters.
  • Reactive rather than proactive approach: Small companies can usually take care of basic HR duties such as hiring staff but aren’t equipped to deal with complex employment issues or the need to change your headcount quickly.

How MyHR helps streamline people processes for startups

We assist startups in streamlining their employment and HR processes by focusing on two key areas:

Establishing solid foundations

We help startups lay the groundwork for legally-compliant and efficient HR operations.

We fully review your business needs and ensure you meet your industry-award and minimum-entitlement obligations, as well as providing tailored employment documents such as contracts, job descriptions, and company policies.

Enabling scalable HR processes

Our technology-driven solutions automate critical employment functions such as hiring, onboarding, performance reviews, and leave management.

By leveraging our platform, startups can easily scale their HR operations as the business grows.

How technology enhances people management for SMEs

Technology plays a pivotal role in enhancing HR management for startups and SMEs:

Reduced administrative burden

By automating key processes and removing the hassle of paperwork, employers and managers have more time to focus on other productive areas of the business

Increased efficiency

Cloud-based HR platforms enable customised documentation, automated workflows, and timely, transparent communication between managers and employees.

Employee self-service improves the worker experience, ultimately boosting staff engagement and retention rates.

Advice for startups on effective people management

Our advice to startups and SME employers is simple:

  • Prioritise company culture: Invest in HR systems to shape positive company culture, establish proper processes, and build team performance and morale.
  • Ensure compliance: Partner with trusted HR experts to navigate complex employment laws and regulations, ensuring peace of mind and business continuity.

By addressing these key areas, startups can unlock their team’s true potential and foster a thriving organisational culture.

At MyHR, we're committed to empowering startups and SMEs with tailored HR solutions that align with their growth ambitions.

Get in touch with us today to discover how we can streamline your HR operations and support your company’s success.