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What types of HR-related risks are faced by most small businesses? How can PEOs help small firms...

Question:

What types of HR-related risks are faced by most small businesses? How can PEOs help small firms with these risks?

HR-related risks faced small businesses:

Most small businesses face HR-related risks because small businesses typically have limited resources, and employees are more likely to be inexperienced or lack the requisite training. As a result, small businesses are at increased risk of sexual harassment, discrimination, and other illegal activities. Furthermore, small businesses are also more likely to encounter business-related accidents, leading to injuries and damage to property. In addition, small businesses may not have the financial resources to cover the costs of HR litigation, which can result in financial losses.

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There are a number of HR-related risks that small businesses face, including employee misconduct, wrongful termination, and discrimination. The risks...

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Establishing Organizational HR Strategy & Best Practices

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Chapter 1 / Lesson 8
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Human resource departments need to be established with the best organization and practice strategies to look after the work ethic and employee issues in the business. Learn about HR strategies, HR strategy with company strategy, and best practices.


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