4 Ways Tech Entrepreneurs Do Employee Management Differently
When you look at the success of some of the top tech entrepreneurs, there's one thing that they all have in common...
17:22 26 July 2016
When you look at the success of some of the top tech entrepreneurs, there's one thing that they all have in common – they used the power of the internet to get to where they're at. Without exception, every tech startup that has made it big within the past decade has used online marketing and networking to their advantage. In addition to that obvious factor, many of the top tech startups have also taken a drastically different approach to employee management and human resources. With that said, here are four ways the tech-savvy pros are doing things differently than your average brick and mortar shop:
1. Cloud-Based HR
Gone are the days of using file cabinets and entire departments of employees to handle HR. All of that hassle has been reduced to the use of convenient software platforms (i.e. - xcdhr.com) that can simplify more HR tasks than you even knew existed. While conventional companies are stuck using archaic procedures, relying on multiple software and employees to manage their workforce, technologically proficient businesses are using more efficient software solutions that unify everything under one roof.
2. Virtual Assistants
The advent of the virtual assistant (VA) has allowed countless tech startups the ability to focus on mission-critical tasks while outsourcing the more tedious work to remote workers. The importance of delegating this type of work to VAs ensures that your in-house employees aren't overburdened with tasks that would otherwise distract them from more essential goals. Furthermore, this gives your staff more room to be creative and innovative while the more rigid, worker ant jobs are left to the VAs.
3. Collaboration Platforms
Working with virtual assistants and using cloud-based HR platforms go hand in hand with project management interfaces, where employers can assign work, create schedules, and monitor employee performance in one convenient dashboard. Using more than one digital solution ensures that you have access to the best of all worlds when it comes to overall functionality and oversight capabilities. Thus, many small businesses have begun using collaboration software to streamline and digitise tasks that would otherwise require several forms of external networking.
4. Project-based Work vs. Salary and Payroll
Finally, you'll notice that tech startups and entrepreneurs tend to operate on a per-project basis more often than seen in other industries. Each project has requirements of its own, so it makes sense that you wouldn't use the same employees for every assignment or endeavour. While old-fashioned companies still overcommit themselves to a handful of static employees, tech entrepreneurs employ a more dynamic workforce by minimising their commitments to unnecessary payroll and salary expenses.
Accommodating the Diverse Roles of a Startup
In closing, it is apparent that all of the above differences allow tech entrepreneurs to have more flexible and capable companies because they're able to reach outside of the boundaries of their own businesses to work with a variety of professionals that can help them get things done optimally. Fortunately, the same kind of approach can be utilised by small businesses in any field, so it might be worthwhile to take a page out of the tech millionaire's handbook in this regard.