As you scale your business, you will need to hire additional team members. You might need an employee, a contractor, or a volunteer.
Before you start the hiring process, it’s wise to clarify exactly what you need. If you’re not clear, that hire could cost you. According to the US Department of Labor, the price of a bad hire is 30 percent of an employee’s first-year earnings. For a small business, a five-figure investment in the wrong fit is a big threat.
The wrong fit also has a trickle effect. With one bad hire, you can negatively impact your bottom line, your company’s morale and team productivity. One disengaged employee causes others to pick up the slack. Some of your best employees who are picking up the slack then get burned out.
Before you set out to hire someone, describe the talent you need. As the business owner, it does everyone a disservice when you are unclear.
Consider these steps before hiring anyone:
1. List the position’s key tasks. When identifying the key tasks for the position, you might discover that others can absorb the tasks or that the tasks can be automated. In some cases, the tasks may be able to be eliminated all together. More importantly, you’ll putting some thought into your human resource needs.
2. Identify up to five performance metrics. The metrics will be used to evaluate the person’s performance. Your new team member will also appreciate hearing how they can be successful on the job.
3. Describe the ideal hardwiring for the position. Identify those innate wiring traits that are most important and frequent for the position. Will the person you select need to be careful, agreeable, or follow up closely? Will they need to be innovative, engaging, and industrious? When you use those descriptors in your job posting, ideal candidates will see themselves in those traits and apply.
By taking these steps, you will:
Be evaluating the right human resource needs.
Improve your interview process and increase your ability to spot a good fit
Attract a candidate who is a better fit both in qualifications, experience, and human wiring.
If you’re ready to dramatically transform your sales, team, communication and take a deeper dive in what innately motivates you (and others), then register today for the Wired to Win! Your Path to Passion, Purpose, and Profit workshop on June 28-29, 2018 at our new headquarters, coworking, and conference building.