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Old 6th April 2013, 10:30 AM   #1
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Default Beware Of These 5 Traps When Hiring In Small Business

There are few decisions as important as hiring employees when running a small business. Hiring the right person can take your business to new heights. On the contrary, it doesn’t take long for the business to go in the ditch if a wrong person comes onboard. After all, all businesses, large and small, are largely dependent on their employees to keep them going. The owner or the manager alone cannot take care of everything.

Attrition remains a big problem for all small businesses. It is not surprising to find replacement of the entire workforce within a year. Many small business owners feel as if they are in the constant hiring mode – advertising, interviewing and onboarding employees. How can you expect to do rigorous job when you are always in the hiring mode? However, taking right steps early on and spending extra effort in finding and retaining good employees can pay off in reduced attrition rate, taking care of the nipping the problem from the bud. What are the traps small business owners should avoid to ensure they don’t end up with bad apples in their employee crew?

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Old 7th April 2013, 07:22 PM   #2

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Very relevant point. Good post

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Old 7th April 2013, 10:33 PM   #3
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Most employees resigned due to low wages or the other company has bigger salary to offer. I think you can do it with building a genuine rapport with your current employees.

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Old 8th April 2013, 07:54 AM   #4
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Originally Posted by panthervision23 View Post
Most employees resigned due to low wages or the other company has bigger salary to offer. I think you can do it with building a genuine rapport with your current employees.
That is good advice.

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Old 18th April 2013, 04:12 AM   #5

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I think offering incentives is a great way of keeping the wind in the sails of your employees. Keep the work place a fun environment to work in. Teach them that hard work is rewarded and show interest.

This is another big concern when a person buys an existing small business. Keeping staff on who know the business and its customers well is very important for continued success. If you buy a business and the staff leave shortly after you take over, this can have a negative impact. Try and take precautions if possible.

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