Hiring employees is always a huge concern for most small business. Employees are always changing jobs and are becoming incapable of staying in a position. Economists now suggest that trends will add to a lack of employees - and small businesses will feel the effects. According to research, the labor force is getting smaller, as more people are leaving the labor market.
So how can a small business owner go about their recruitment process, get the best candidates, and as keep them? Let's look at 7 tips that will help in that regard.
1. The salary offer should match the going rate
If you're to attract quality employees, you need to make that sacrifice of paying a matching salary. You could focus only on the top and vital positions at the initial stage. It's a no-brainer that the quality candidates will always go for the best offer in the market.
If you're to fix a salary that's not up to that of your competitors, you may lose out on your target employees. Do...
Chuck Bowen, editor of Lawn and Landscape Magazine, talks about how to grow your business with fewer growing pains.
Set yourself apart from other companies with excellent customer service. Customers want someone who is going to call them back and do a good job.
Solve the "labor problem" by creating a culture that makes people want to work for you.
What can people do to take themselves from a small to medium sized company? "What got you here, won't get you there." It requires the owner to step back into different rolls. The owner needs to hire people to do the work he/she was doing and do different work (sales and business building). What systems do we need to put into place so we can effectively scale it. Get everything that's in the owner's head on paper so their employees know exactly what to do. The owner who doesn't eventually step back, becomes the limiting factor in the company.
In the off-season, you should be stepping back and...
Welcome to today's mastermind group and what we're going to be talking about today is almost the key to growing your business. Phil would you say that this is a key key element to the growth of a very fast and often overlooked one.
We're very eager to get that first improve. Nothing feels better than hiding. Finding and hiring the right-hand man that leader that you're hopefully going to develop. Today we're going to talk about the written part of the job description.
The key things that you want to outline and we're going to make an extra emphasis we're going to put extra emphasis on your not hiring somebody to fit to accomplish tasks we want you to hire somebody for the outcomes that you want. And this is what's going to create longevity in an employee. This is what's going to provide the direction that they need and clearly outlined by the person that it is not just you have to be able to lift this much weight or...
Stan: Very good. Good. So let's talk about the difference between an independent contractor and an employee. Especially within the construction industry, it's real easy to confuse these two things. Especially, if you start to use somebody on a regular basis, you have to be very careful. Now, the IRS is awesome enough to give us a 20 factor checklist. Something that you can look up on your own, on the internet. Here's the form. I'm actually gonna use to go down that Jeff was nice enough to print off before we started this. They also have a second set of forms, which gives you links, which gives you consequences, which gives you a more thorough outline. But today, we're gonna talk about this 20 point checklist. We're gonna go down, what we consider, the most important points of this checklist. What do you find, Jeff, are the things that contractors make the biggest mistake on when they hire a subcontractor?
Jeff: As far as classification?
Jeff: Yeah. Well, I mean a lot of...
Stan: See, there you go.
Jeff Law: I'll have to know.
Stan: All right, today is going to be one of the most informative sessions for all of you guys that have questions about hiring your first employee, and what it means to be a subcontractor versus an employer, which is something that typically happens within the landscaping and construction industry. I have Jeff Law with Law Tax & Financial here with me today. Jeff is the expert, I'm not the expert. I have the same questions that you guys have. I have 30 years experience hiring people and going back and forth with the IRS on different matters, I never seem to win though. First off, let's go over the question of; you're just a brand new contractor coming out Jeff, and you're going to hire your first person. What do you do right out of the gate? What's the first things?
Jeff Law: Well, once you have that person when you're ready to put somebody to work, you're going to want to determine whether they're an employee or a...