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Who Is the Right Choice for Your First Employee?

March 11, 2020 By //  by guytinzi Leave a Comment

As you prepare to open the doors for your small business, there are a variety of important decisions to make. Starting your company can be an exciting prospect, but be sure you’ve taken all the necessary steps before beginning. One essential step that takes careful consideration is employee recruitment. Your first employees are going to be the backbone of your company, so use these tips to find the right employees today.

First, determine whether you need full-time employees or part-time, freelance employees. Many businesses are finding success in hiring freelance and contract workers. This employee arrangement can help you avoid providing costly benefits and strict contracts that could otherwise be too expensive for your small business. Depending on your business model and the position you’re looking to fill, you may want to consider offering a remote position. Remote working is on the rise, and it can dramatically increase your hiring pool.

Next, consider the type of credentials you’re looking for. Hiring a trained professional with years of relevant experience can seem like a wise employee recruitment strategy, but an experienced professional will require a far higher salary and more generous benefits than an individual with less experience in the field.

Hiring someone who is just getting started can have some advantages. While you’ll need to put in more time training your new hire, you may see higher rates of employee retention, a lower starting salary, and other benefits. Of course, an inexperienced worker may not be as productive, professional or successful as a more seasoned employee.

Once you’ve determined these basic steps, it’s time to start looking for prospective employees. Now is the time to utilize all your business and personal connections to find the perfect employee. You should rely heavily on industry connections, personal references, and information from previous employers. Don’t hire someone based on their resume alone, but take time to get to know how the potential employee works and how they will fit in with your company’s mission.

Before committing to hiring anyone, a key part of employee recruitment is to analyze the exact amount of employees you need. It may be tempting to build a small army as your small business expands rapidly, but hiring too many employees can drain your savings and cause you to lay off workers during slow seasons. Slow, steady and consistent growth is key to successful recruitment as your small business becomes a larger company.

Filed Under: Financing Blog

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