Let's Get Personnel
Guidelines for creating personnel policies and standards
In the high excitement of starting and running a business, entrepreneurs often overlook the need to create a set of personnel policies and standards. When a problem arises-a sexual harassment suit, for example-the CEO and the management team can quickly find themselves in a courtroom wondering "What happened?" The outcome of such a suit could be financially devastating to the company.
Too often, in fact, young executives aren't even aware there are personnel issues that need to be dealt with upfront-or, when they do, they pass on the job of developing policies to an administrative assistant who is untrained in the law, according to Kari Uman, senior associate at Executive Coaching & Consulting Associates in Washington, DC. "You should put as much energy into developing personnel policies as you would any other part of your business," she warns. "It can't be an afterthought. It's extraordinarily dangerous to not understand the legal ramifications of what goes on in the workplace."
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
These Co-Founders Are Using 'Quiet Confidence' to Flip the Script on Cutthroat Startup Culture and Make Their Mark on a $46 Billion Industry
-
My 7-Year-Old Daughter Started Selling Eggs. Here's What She Taught Me About Running a Startup.
-
Why You Need to Become an Inclusive Leader (and How to Do It)
-
Career Transitions You Can Make in Your 40s and 50s
-
Billionaire Naveen Jain Is an Expert at Disrupting Fields He Has No Experience In. His Secret Sauce for Building Multi-Million Dollar Companies? 'You Have to Come as Naive.'
-
4 Principles to Develop Next-Level Leadership at Your Company
-
This Filipino American Founder Is Disrupting the Beverage Aisle by Introducing New Flavors to the Crowded Bubbly Water Market