There may be a war for talent in today’s job market, but when it comes to entrepreneurial, small business owners,they are willing to share their secrets about hiring the best employees. In this article from Entrepreneur.com honoring small business week, they compiled a guidebook of hiring tips from the small-business owners honored on Capitol Hill during this year’s National Small Business Week. Almost every respondent emphasized the importance of hiring employees who organically fit into corporate culture and who are passionate about the brand.
When looking to grow business, many entrepreneurs begin hiring for quantity, not quality.
In 2013, Inc. magazine, partnering with the Bacharach Leadership Group, surveyed 330 Inc. 5000 firms. The mission: Find out how America’s fastest-growing companies hire their best employees. Cornell professor Sam Bacharach, co-founder of BLG, fielded questions from LearnVest’s Alexa von Tobel about the survey results.
Above were questions that we can ask ourselves on a day-to-day basis. But now here are some strategies and tools you can add to the “traditional hiring process” (of basing your decision on the resume, interview and your “gut feel”). They are:
1. Temp agencies, recruiters and headhunters
2. Reference and background checks
3. Pre-employment integrity and culture fit assessments
4. Personality tests
- Always interview at least three people for a position. Even if you like the first interviewee and feel that individual is suitable, discipline yourself to interview at least two others. Many large companies will not hire a person until they have interviewed ten or fifteen candidates for the spot. The more people you interview, the greater the selection of choices you will have, and the more likely it is that you will make the right choice.
- Interview the candidate you like in three different places. It is amazing how the personality of a person can change when you move the interview setting from your office to a coffee shop across the street. Candidates will usually be at their very best in the first interview. If they were pretending, the veneer will quickly come off in subsequent meetings.
In order for small businesses to grow, more people need to join the team. However, hiring the right people can be costly in terms of time, dollars and company morale. Careerbuilder.com sponsored a survey on the cost of a bad hire, and the clever folks at Mindflash.com created this infographic based on those results.
How many hats do you wear on a daily basis? If you answered one, you’re not an entrepreneur and you’re not working for a small business. So how can you boost your team’s productivity and morale at the same time? Discover some of the unexpected ways to do so in this infographic by TheDegree360.com.
Carl Gould is a business strategist, and growth expert. He has written 5 books in the area of creating business success, and is the co-host of the weekly radio program, ‘Quit and Get Rich’ (www.gteamradio.com). Carl and his team of experts advise companies and organizations to grow to the next level. What is the next level for you?