3 Hiring Tips For The Young Business Owner - By: ken sundheim

Top 3 Mistakes Start-Up Companies Make When Hiring:

Turnovers not only kill a company, they demolish it. What exact variables lead to turnovers? Running an executive search firm and seeing hires turn out both correctly and poorly, I have come to:

1. Remote Representative - Management is difficult enough 5 feet away, let alone 50+ miles. Too often, companies feel as if they need employees all over the U.S. when clients don't want face-to-face visits like they used to.

When starting your business, it is imperative that your employees become en-grained in your corporate culture. To think that monthly visits, car allowance and a BlackBerry will take care of not having to pay additional rent, you are not only wrong, you are about to witness a turnover.

2. "Upside, Upside, Upside!" - I consistently have clients calling into my company grossly underestimating what they should pay their new employees only to justify disgustingly low pay with the "sky is the limit" pitch.

Anything looks like the sky when you start at a dollar altitude of zero. As a small business owner, if you don't pay, the hire doesn't work out. The opportunity cost of training the new employees to replace the last that left is immense. You'll put yourself in bankruptcy searching for that one employee.

And make no mistake, "employee" is the right term because these individuals, instead of being entrepreneurs, want a paycheck. Give it to them. If you can't afford an employee, don't bother until you can.

3. Hiring Cognitive Dissonance - For anybody who has studied the human decision-making process, the aforementioned phrase means something to them. In hiring terms, it translates to: stop interviewing half the United States and make a decision.

I refer to it as "Hiring Cognitive Dissonance." Many small business owners think it beneficial to interview 10 applicants and feel as if the rule "the more the merrier" applies to the hiring process. It could not be further from the truth.

From the 5 years that I have been in the staffing business, I have see that companies who are interviewing more than 5 job applicants for one position don't end up making the correct decision.

Small business owners get too excited upon hiring applicants, though they soon learn that maybe that 2nd or 4th job seeker who now has a job would have been perfect.

About the Author

Ken runs KAS Marketing Recruiters Los Angeles Headhunters Marketing Recruiters LA a staffing agency helping job seekers in Headhunters San Francisco Recruiters San Francisco Sales Recruiters SF Marketing and Marketing Recruiters Boston Headhunters Boston Sales Recruiters Boston

Article Directory Source: http://www.articlerich.com/profile/ken-sundheim/93586

Additional Articles From - Home | Business | Entrepreneurs