- September 8, 2018
- Posted by: Asheesh Sinha
- Category: Business plans
Image credit: Pre-Employment Testing
Starting your own business can be one of the most exciting things you do in your life. You have absolute freedom as the CEO of your company and can pave the way for greatness if you put your mind to it. However, many people don’t put much thought into the hiring process early on. Employees can make or break your business. This means that you must invest the proper amount of time to find the right employees for your business. Fortunately, we have some tips that will help you with your new startup. Here are five small business hiring principles that you need to know to make your business flourish in the early stages.
1. Pre-Employment Assessments
It’s essential for an employer to screen each of your employees before you hire them. This means putting them through pre-employment assessments. Your company depends on hiring the best of the best. Don’t settle for less when it comes to creating your work team. Hiring bad employees can be a big potential problem for your company.
2. About Hiring Friends and Family
Business owners will offer friends and family job positions in their company when they feel as if they can’t find quality candidates elsewhere to hire. While this is a guaranteed way to fill positions, there is a downside to it. Emotional connections with family and friends can become detrimental if said parties end up doing a lousy job. Hire only if you know you can put emotions aside and have a healthy business relationship with friends or family.
3. Network All the Time
Be sure to attend as many networking events as possible during the beginning phases of your startup. You never know who you will run into during this time. Networking allows you to professionally branch out and find recruits who could greatly benefit your company.
4. Provide Benefits for Your Employees
One of the best ways to retain and entice future employees is to offer paid benefits. This includes benefits such as vacation time, dental, and medical options. Make sure this is one of the first things you have covered before you launch your company. You want to make sure you have everything squared away before opening your doors to ensure employee retention. For employees, having the opportunity to learn is crucial, with 70% saying it is essential when choosing where to work, and an overwhelming 98% identifying it a decisive factor in staying with a company.
Another great retention tactic that benefits your employees is starting employee wellness challenges in the office. You can even incorporate a new hire challenge to encourage onboarding and engagement with new employees. Ultimately, it’s important to keep in mind that hiring a new employee is supposed to be a relationship where both parties benefit.
5. Understand The Difficulty Of Transition
CEO’s of small businesses expect a lot out of the employees that they hire when the company first starts. Unfortunately, employees need time to put faith into the company that you’re building. Expecting them to fully feel comfortable right from the start when there is no financial data to backup your company can create a rift. Give them time to warm up while you build your company’s contacts and finances up to strengthen their confidence in you.
In the meantime, give them superb training and let them know that you will be available for any questions or advice that they may need. So if an employee doesn’t seem to meshing in or adapting to the workflow at first? It doesn’t mean that you’ve made the wrong hiring decision, they’re just adjusting.
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