Finding the right employees for your business can be a daunting task. It's important to have a well-defined hiring process that will help you attract and retain high-quality employees who match your brand. Matthew Dailly, managing director of Tiger Financial, suggests first finding out if you're going to use a recruitment company. A good hiring process should include steps such as researching the job requirements, creating a job description, advertising the position, interviewing candidates, and making a final decision.
It's important to have at least a couple of employees interview candidates, as each person will approach the interview with different objectives. When it comes to timing, it's important for small businesses to hire new employees at the right time. If an employer hires someone too soon, profits may decline and cash flow may run out. However, if employers wait too long to hire a new employee, their commitments may exceed their capacity.
You should hire new employees when there is enough work to require additional help and your financial situation is stable enough to manage the additional cost of a new employee. It's also important to consider the hidden cost of hiring new employees, including health insurance coverage, training program costs, and more. It's important to hire new employees before a labor crisis occurs, as it normally takes eight to ten weeks to hire someone, and even longer to properly train them. The hiring an employee checklist keeps your hiring efforts up to date and communicates progress to interested employees and the hiring manager.
You should also perform a standard pre-employment background check on candidates, as well as analyze their social media profiles for more details about the person as a person and as an employee. With the right hiring and onboarding process, you'll soon be able to recruit and hire the best candidates. Use the knowledge you've gained about your job candidates throughout the hiring process to make a final decision about who to hire. For example, refusing to hire a candidate with multiple traffic violations would be valid for a truck driver position, but it's not relevant for a marketing position.
Whether it's your first employee or one of the many employees you're hiring, this checklist for hiring an employee helps you keep track of your hiring efforts. This is a checklist on how to hire employees, including what you should do before and after hiring.