Episode 218: Putting People First with Rhamy Alejeal

17 Sept 2018 · 47 min
Episode

17 Sept 2018 · 47 min

0:00

In this episode of the Profit First podcast, hosts Mike Michalowicz and co‑host Kelsey Ayers introduce guest Rhamy (Rami) Alejeal, co‑founder of Poplar Financial and author of the upcoming book People Processes. After a light‑hearted animal‑group name icebreaker, the conversation shifts to the core premise that effective human‑resource (HR) systems are a hidden driver of profitability. Rami explains that most small businesses focus on client‑facing processes while neglecting the four employee‑lifecycle phases: onboarding, annual review (including benefits and compensation renewal), ad‑hoc events (e.g., leaves, promotions), and off‑boarding. He stresses the importance of first gathering data on current practices, documenting them, and then building repeatable, technology‑enabled processes. Concrete examples illustrate how inefficient time‑keeping can erode 5% of profit margins. The hosts discuss how structured people processes improve employee experience, reduce turnover, and ultimately boost the bottom line. Rami promotes his podcast (peopleprocesses.com) and the forthcoming book, while the episode also includes sponsor messages for Right Networks, Nextiva, Receipt Bank, and other partners. The episode concludes with reflections on treating employees like family and the practical steps listeners can take to start improving their HR systems.

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