HR Updates

New Year, New Budget, New Beginnings

As the new year has begun this is a great time to review business plans and budgets ahead for 2023.

The success of any business is very much dependent on the performance of the people in it. When reviewing business budgets, training and development can be overlooked and perhaps not seen as a priority spend. Equally, if you are looking at ways to cut costs this year without affecting the performance of your people and morale in the workplace, we have suggestions for you to follow.

A great place to start would be reflecting on the past year, what went well, what didn’t and how you can improve in 2023. This is a great opportunity to reflect on all areas of your business including overall performance, targets, and your employees.

As you begin to reflect on 2022, ask yourself the following questions:

  • What was your biggest achievement?
  • What went well?
  • What didn’t go well?
  • Did you reach your targets?
  • How have you invested in your employees?
  • Are they happy and fulfilled in their jobs?
  • What are you going to do more of?
  • How are you going to invest in your business & employees in 2023? 

Park City Directors

Investing in your employees in 2023

Every manager wants a team of highly motivated and skilled professionals who are passionate about their job and the company they work for. But how do you engage and motivate your team? Are you looking to recruit the best talent? Upskilling your employees through training and supporting their development is a highly attractive benefit and a great way to retain the best employees.

Frustration stems from when employees start to feel unmotivated at work due to the lack of career development and progression. Do you currently offer training opportunities for your employees? Have you considered the impact this can have on your business performance? Here are 4 benefits of investing in your employees in 2023!

  • Increase loyalty with employees at work
  • Boost your staff retention
  • Reduce stagnation in the workplace
  • Support your employees career development

Outsourcing Solutions in 2023

If you are reviewing your budgets for 2023 and looking for cost effective solutions, have you considered outsourcing to third party providers? Outsourcing is a cost-effective way to bring experts in specific areas into your business to perform services at a lower cost. As companies grow, often they turn to outsourcing specific projects/services to reduce the overhead cost and meet the specific needs they require in house.

Now more than ever it is essential we are managing our business budget effectively. Have you thought about reducing overhead costs and turning to experts to meet your specific business requirements?

What are the benefits of outsourcing your HR and Health & Safety?

  • Reduce costs and increase effectiveness of HR and H&S
  • Improve people management performance
  • Increase speed in response to HR and H&S problems
  • Increase capacity for HR to operate strategically
  • Access expertise which aren’t available internally

Now it’s increasingly competitive for employers to recruit and retain the best people, it is essential that businesses look after their people and develop them to improve performance and increase retention. Many business leaders believe this is a priority for success in 2023 and should be budgeted for. For more information, contact Park City Consulting today.

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Saul HunnaballSaul Hunnaball
15:44 12 Aug 22
We have worked with Park City for our HR and Health and Safety support for many years now and have always received an excellent service.Carley is our Consultant and she is always so helpful, as are... her colleagues when she is unavailable.I would highly recommend Park City.read more
Lea CuttingLea Cutting
08:31 27 Jul 22
Park City have worked with us for many years, advising and guiding us regarding HR and Health & Safety, along with supplying valuable training.We work with many people in several areas of expertise,... Sara Godfrey, Jennie Galione, Ashley Williams, Sam Parcell, Stephanie Devans, Poppy Hayhoe.They build confidence within our company and are always available with support and advice.They provide a consistent, professional, hands-on service, second to none!Thank you from DH Industries Limited.read more
Vikki PringleVikki Pringle
11:12 20 Jul 22
The team at Park City offer us the right level of service needed to confidently run a small business. They keep us up to date with UK policy HR requirements, help us manage any staff changes or... issues and policy documents. The team are informed, friendly and remain professional in my experience.read more
Tracy MeadTracy Mead
07:12 20 Jul 22
The DS Group have been working with Park City now for a number of years and we have found their HR services to be invaluable. The service received is always to the highest professional standards and... they have assisted our business in becoming more efficient and effective in all HR matters.My consultant Sam Parcell is always on hand to help answering any questions quickly and professionally and she offers vital guidance, advice and support to us.We as a company will continue to use Park City’s services for many years to come and we cannot recommend them enough!Tracy Norton-Mead, Operations Director at the DS Group.read more
Katie HerbertKatie Herbert
13:35 07 Jul 22
We have worked with Park City for almost 10 years and have built up a great professional relationship over the years. The team are so friendly and helpful, and nothing is ever too much of an ask for... any of them. Our main HR contact is Carley, who is lovely, and she is very prompt in dealing with any queries we have regarding our 100+ staff. We would highly recommend their services for any local business.read more
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