Handling The Stress Of Being An Employer

Mike Veny

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Handling The Stress Of Being An Employer

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Being responsible for a business can be one thing, but when you’re also responsible for a team of individuals working under you, it can add a whole new level of pressure. It’s not surprising that a lot of people can crack when they find that they have to lead a team. However, if you’re an employer, then you need to get used to that role. This can mean implementing a few of these tips that can help you deal with some of those stresses. 

Put the time and care into recruitment that it demands

Sometimes, the stress of working with a team can come from not working with the right team. Perhaps they don’t have the skills that they need to perform the role that they have been set in the workplace or, just as likely if not more so, they are not a good culture fit and thus they bring friction to the workplace. It might be worth taking the time to ensure a more robust recruitment process. You can even work with a recruitment agency to do some of the work of finding the right candidates for you.

Make sure that set up payroll and finances right

A lot of the headaches of employing a team can come with how you deal with the money side of things. Getting their payroll set up, first and foremost, is essential. However, you should also take a closer look at making sure that you have the tax side of things set up, such as getting your federal EIN number with the help of an online FEIN filing service. If you find that you suddenly need to start providing tax information but you don’t have all of the details in place, it can mean that you’re in for a stressful rush that could easily be avoided.

Manage their stress too

When your employees aren’t happy, the complaints are going to come uphill to you. There are some managers and employers who might manage this by cracking the whip and being strict with them, but this typically loses more employees than it keeps. It’s better to value your own mental health by valuing their mental health, promoting open communication, helping them manage their work-life balance, and providing mental health resources for them to take advantage of.

Don’t be afraid of feedback

One of the problems a lot of neophyte managers and employers have is that they take an “ears-closed” approach to criticism. When someone criticizes the style of work or management, it can feel like a direct attack, even when it’s not. As such, you should make sure that you have an open-door policy and provide the means for people to give honest feedback. Take it with the spirit of workplace improvement in which it is offered and you could end up making a much healthier relationship with your team.

Being an employer isn’t easy. You have to balance your responsibilities with the needs of your team. Hopefully, however, the tips above can help.

Mike Veny

Mike Veny won Corporate LiveWire’s 2022 & 2023 Innovation & Excellence Awards for his work as a Certified Corporate Wellness Specialist®. He also won NAMI New York State’s 2023 Leader Of Mental Health Awareness award. As a PM360 ELITE Award Winner, he was recognized as one of the 100 most influential people in the healthcare industry for his work with patient advocacy. Determined to overcome a lifetime of serious mental health challenges, Mike’s career began as a professional drummer and evolved into becoming a change maker in the workplace wellness industry. Mike is the author of several books, including the best-selling book, Transforming Stigma: How to Become a Mental Wellness Superhero. He is currently furthering his knowledge at Maharishi International University, pursuing a Consciousness and Human Potential degree.
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