COVID-19 has significantly impacted global activities, especially in the economies of different countries, due to the hindrance businesses face. There are a lot of restrictions put on business operations, which are decreasing their sales; unemployment has increased globally during the pandemic, causing people to spend less, resulting in fewer sales for most businesses in different sectors. According to various research, the most challenging goal for companies to achieve during the pandemic is finding new customers for the industry, especially for new and startup businesses. Finding new customers is not the only challenge for new companies, but having existing customers revisit their businesses is tricky. Finding funds and sources of finance is also quite a challenge for new and established businesses. Even some stable companies find it hard to get references for finance to expand during the pandemic. Keeping up with laws and other policies and regulations was also very hard for new business owners. Another big problem businesses are facing is finding the right people for their business during COVID-19.
Many startup businesses cannot find a good HR team due to the lack of funds in the company, and they end up with no professional help to recruit employees, especially during the pandemic, which forces the entrepreneurs to do this job themselves. For an inexperienced recruiter, understanding all the rules and laws for employees, shortlisting applications, interviewing candidates, and running a background check can be extremely hectic and challenging. Finding the right people to operate the business is significant as a business’s real success depends on its staff’s productivity and behavior. Staff recruitment issues that are happening in startup businesses during the COVID-19 are listed below.
No Human Resources (HR) Team
Due to the lack of funds in the business, startups usually cannot hire a whole recruitment team that comes under the HR department. That means the business owner will have to recruit the employees by themselves, which takes up a lot of time and creates high costs. During the pandemic, it is already hard for entrepreneurs to make decisions as they are always worried about making the wrong move, resulting in disasters and failures.
Strict Checks on Employees
After the world has been affected by COVID-19, new rules and regulations are starting to happen. For example, the recruiter should ensure their employees are vaccinated, follow the COVID regulations, and wear masks. It would also be the recruiter’s job to provide leave to the affected employees and bear the cost of the time they will not be working.
Not Finding the Right Match
Due to facing a lot of financial struggles and losses during COVID-19, startup businesses prefer employees who are not demanding pay that could cost you an arm and a leg. But due to the sudden price increase worldwide, the employees would want enough salary to meet their ends. Finding the right candidate for your business during COVID-19 is quite challenging.
Frequent Changes and New Regulations
As the new Delta variant has emerged globally, the governments of different countries are putting up new rules and restrictions to prevent the spread of it. The new changing rules result in a change in consumer demand, which means you cannot predict how much staff you need to operate your business and meet the requirements to generate sales. This pressure can significantly affect your and your employees’ mental health.
Conclusion
Entrepreneurs who have started new businesses during COVID-19 should consider staffing tips and find ways to overcome the issues they face to make their businesses successful during this crucial time. It is challenging for new companies to survive during the pandemic, but it will not be hard to make their business successful and stable if they follow the right tactics. About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.