Will Limkemann
Business Advisor
The Constant Entrepreneur:
Advice for Running a Productive Business
Eight habits for effective hiring
Consider the amount of time spent in recruiting, hiring, and training a new employee. Consider your lost productivity in conducting the search and interviewing. Consider the lost productivity of having a vacant job that is not being performed.
Some estimates put the cost of hiring at about three quarters of the annual pay for an employee.
As a hiring employer, you need to minimize mistakes. The stakes are just too high.
Here are the 8 habits of effective hiring:
1. Have a strong mission statement and vision for your company. Share these with job candidates. If you know where you are today and where you are going, you can excite candidates about you and your organization.
2. Develop a job requirements document for the position to be filled. Know exactly what capabilities you are looking for.
3. Develop a thorough job description for the position. be able to tell a candidate exactly what is expected.
4. If possible, subject the job candidate to personality and skills test to help assure that the individual can do the job and fit in with your style of organization and management.
5. Develop good interviewing techniques in order to conduct effective job interviews.
6. Check all references, and do background checks.
7. Research prevailing wages and benefits for the type of job being offered to assure competitiveness in the market.
8. Welcome new employees and make them at home, comfortable, and productive from the day they are hired. Train them. Monitor and provide feedback on their performance.
Oh, and if a mistake is made in hiring and the employee does not work out, terminate the relationship sooner rather than later. This will be best for both you and the employee.
Part Time Specialists
Many small businesses need specialty help – possibly in marketing, accounting, information technology, or other areas. Business owners, particularly in this economy, may be unwilling or unable to add additional full-time staff.
For some businesses it makes sense to hire one or more part time or contract workers. Part time employees might also be easier to recruit than full time staff, and you will pay fewer benefits, and pay for only the hours that you need them. There are plenty of folks who have either been laid off, or who have temporarily left the full time work force for child rearing, or who have retired and have time on their hands.
If you can deal with part time help, have flexibility in the hours they work, and might even be willing for them to work from home, you may attract some very talented people. Networking or an ad in your local weekly newspaper may garner you just the right help you seek.
Will Limkemann
Limkemann Busienss Advisors
440-871-0976
www.neobizadvisor.com