Determining When It’s the Right Time to Hire

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Determining When It’s the Right Time to Hire

If your small business is starting to pick up, you may be wondering if now is a good time to bring new employees onto the payroll. Here are some factors you should consider before doing so.

  • Are the skills you seek considered hard to find? The U.S. Department of Labor predicts that several skill sets will be in high demand and hard to find in just a few years. Now definitely may be the time to bring good people aboard before they become too difficult to source.
  • How is your company’s cash flow? You should add personnel only when your cash flow is positive to support doing so.

Once you’ve decided to hire, here are some ideas to help you attract top-notch talent:

  • You’re a small business, so every employee probably has a chance to interact in some way with your executives and top management. This can be quite attractive to top performers, especially if they’ll have a chance to really contribute to a company’s success. In addition, small companies also tend to have a more “family-like” atmosphere, where camaraderie and the willingness to work together to bring the business success tend to make for a warm, friendly and inviting work environment.
  • Do you promote from within? If so, be sure to say so as you interview. Ambitious people will look forward to becoming more of a mover and shaker in your organization.
  • Let candidates know that working at a small company means their work truly does have a measurable impact on the success of the enterprise.
  • Small firms also let individual employees’ strengths take center stage. In addition, small firms allow employees the opportunity to take on responsibilities they may not otherwise be able to undertake in larger, more layered organizations.

Come to StaffEx when you need talented, skilled workers for your Tampa Bay area company. Whether you need administrative, warehouse, production, IT, engineering, accounting and finance or skilled trades workers, we can provide you with good people for temporary, temp-to-hire and direct hire assignments. Contact us today.

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