Hiring is part of your job
As a business owner or founder, your vision for your company affects everything. It's part of your job to find and hire employees who will share that vision and take your business forward.
Even if you intend to outsource to contractors and freelancers, this is still important. Whether you're hiring a permanent staff member or trying to find someone to do short-term contract work for you, it pays to get the right person.
With a little thought and planning you'll be able to clearly determine your requirements, find candidates and narrow down your choices. Eventually you should find the right employee for the role you're offering. Here are some useful tips to help you make that decision.
Plan your hiring strategy
This should be part of your business plan. Think about where you expect your business to be at various stages over the next year, and how many employees you'll need in order to get there. For each new vacancy, consider the following points:
- Prioritize what you or your team actually need
Make lists of the tasks you want each new employee to take on.
- Hire people with complementary skills
Think about operational versus ideas people and sales skills versus creative ability.
- Be clear about what you can afford
Look into market rates and offer a suitably competitive salary within your budget.
- Decide if you want a part-time or full-time employee
There are pros and cons to both, so research this before deciding.
- Is your business at the growth stage?
Small, growing businesses can benefit from hiring flexible people able to take on multiple roles in the company.
- Is experience important to you?
Larger companies tend to require deeper, specific expertise and experience, though flexibility is still useful.
Small businesses have to budget carefully, which is why good quality cloud accounting software is so helpful. Use it to plan your budget and see if you can afford to hire someone new for a particular role. Balance the cost of employing them with the increased revenue they should bring to your business.
Consider your culture
Your company has a culture: a way of approaching business, a way of thinking and operating that's unique. This affects the way your business operates and the way it's seen by customers.
You, as business owner or founder, have a big influence on your company's culture, but so do the people you hire. So consider these points before you start hiring:
- What is your company culture now?
Ask your employees (perhaps anonymously) or customers how they view your business.
- What do you want your culture to be?
Think about successful companies and how they do business. Try to copy their good points.
- Do you want to hire someone who will fit into your company culture?
If your team is running smoothly you might want someone who will fit in perfectly.
- Would you consider hiring someone who might challenge your company culture in a positive way?
Group-think and confirmation bias can hold your business back. Someone who can challenge your business culture might get you out of a rut.
- How will you define your culture in words when you're recruiting?
It can be difficult to explain your culture to someone new, so take the time to prepare.
- How will you evaluate an individual's suitability to your company culture?
Think about the interview questions you might ask.
You, as business owner or founder, have a big influence on your company's culture, but so do the people you hire.
Good culture is more than just putting pool tables or a 'relaxation zone' in your business premises, especially if your employees are too stressed or overworked to use them! It involves helping your staff develop as individuals and also as part of their team.