O&MM Fabricator - March/April 2017 - 32
The Secret to Better Profits
WILLIAM J. LYNOTT
32 | March/April 2017 * O&MM Fabricator
s every fabricating shop owner knows, running
a business these days involves a full plate of
challenges, not the least of which is being
an employer. How to hire, train, compensate,
and maintain employees while observing the
maze of legal constraints requires a complex
set of skills.
Most large companies handle this problem
by hiring a human resources (HR) professional.
Owners of businesses too small for that luxury
have to learn profitable employment practices
on their own. These guidelines will help you
to improve profitability by sticking with tried
and proven HR practices:
* Use Job Descriptions
While written job descriptions aren't
essential, they are a valuable tool in maintaining a healthy work environment.